Xconomy Boston

Whaleback Systems Inc. Garners $1,500,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51198874-699b-4dfd-bf27-7fe19314f236&Preview=1
Date
12/31/2007
Company Name
Whaleback Systems Inc.
Mailing Address
72 Pease Boulevard Portsmouth, NH 03801
Company Description
Whaleback Systems is a pioneering managed service provider offering the first business phone solution built from the ground up for broadband to help Small and Medium Businesses (SMBs) reduce capital and operating costs while taking advantage of full-featured telephony solutions.
Website
http://www.whalebacksystems.com
Transaction Type
Venture Equity
Transaction Amount
$1,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Funding proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Ascent Venture Partners
Venture Investor
Castile Ventures
Venture Investor
Egan-Managed Capital