How much did DZS raise?

DZS raised $25 Million in a Funding Round round on January 5, 2024.

Where is DZS based and how big is it?

DZS is based in Plano, Texas, United States. Fundz records about 563 employees.

Who are the decision-makers at DZS?

Fundz holds 2 contacts at DZS, including the Sales Director - FWA. Names and contact details are shown to Fundz members.

Dzs Secures $25 Million In Funding And Signs Definitive Agreement To Divest Asia Business

PRIVATEJan 05, 2024

Amount Raised

$25 Million

Round Type

Funding Round

PlanoOtherHardwareWireless

Description

DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced it has secured $25 million in debt and equity funding and signed a definitive agreement to divest its Asia business, creating a broadband networking and AI-driven software pure play focused on the Americas, Europe, Middle East, and Africa (EMEA), and Australia/New Zealand (ANZ) regions.

Quick answer

DZS raised $25 Million in a Funding Round round, dated January 5, 2024. DZS is based in Plano, Texas, United States.

How much did DZS raise?: DZS raised $25 Million in a Funding Round round on January 5, 2024.
What does DZS do?: DZS Inc. (NSDQ: DZSI) is a global leader in access networking and cloud software platforms.
Where is DZS based and how big is it?: DZS is based in Plano, Texas, United States. Fundz records about 563 employees.
Who are the decision-makers at DZS?: Fundz holds 2 contacts at DZS, including the Sales Director - FWA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Wireless around the same time

Companies in the same sectors as DZS that raised within 45 days of this round, from Fundz verified event records.

Actility raised $17M (Funding Round) on December 7, 2023.
TendoNova raised $602K (Seed) on February 15, 2024.
Ensysce Biosciences raised $4.7M (Seed) on February 14, 2024.
Greenerwave raised $15M (Funding Round) on February 1, 2024.
Lightmatter raised an undisclosed amount on January 22, 2024.
AST SpaceMobile raised $207M (Corporate Round) on January 18, 2024.

Who to call at DZS, and when

A new round usually means DZS is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

DZS

Location

Plano, Texas, United States

About

DZS Inc. (NSDQ: DZSI) is a global leader in access networking and cloud software platforms. DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change. This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s SEC filings available at www.sec.gov, including without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason. For further information see: www.DZSi.com.DZS on Twitter: https://twitter.com/dzs_innovationDZS on LinkedIn: https://www.linkedin.com/company/DZSi/

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2 contacts

Verified contactsRod M., Sales Director - FWASee plans and pricing

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DZS raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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