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News
2006

News

RfStream Secures an Additional $6.8 Million in Funding From Leading Japanese VCs

September 11, 2006

RfStream Corporation received funding of over JP Yen 790 Million (Approx. $6.8 million @ Yen 117/1.00US$) from a group of Japanese Venture Capital firms.
Together with the $7.8 Million it secured in July this year, the Company has successfully raised a total of almost JP Yen 1.7 Billion (almost $15 Million) in this two-part financing series.
The Company plans to use these funds to continue funding its product development activities, and to fund its anticipated rapid increase in production volume.