GenBand Raises Series C

Genband Inc., a Plano, Texas provider of VoIP infrastructure solutions, has raised around $15 million in Series C funding at a post-money valuation of around $130 million. Return backers include Sevin Rosen Funds, Venrock Associates, Oak Investment Partners, Granite Global Ventures, Alcatel, Siemens Venture Capital and Telesoft Partners. GenBand has raised over $205 million in total VC funding since its 1999 inception, including a VC recap in 2005.