AAA Overture raises tempo with $10m

Overture raises tempo with $10m

Overture Networks, an Intel Capital-backed internet equipment supplier, has agreed a $10m venture loan facility with Horizon Technology Finance Corporation.

The new facility follows a recently announced $8m of a planned $11.7m equity round.

Previously, Overture raised $17.2m from Intel Capital, the corporate venturing unit of semiconductor company Intel, and venture capital (VC) firms QuestMark Partners, Intersouth Partners, Morgenthaler Ventures, Tenaya Capital, TDF Fund and Gray Ventures.

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