PlumChoice Plucks $14.7M
Wade Roush9/8/09
PlumChoice, a Billerica, MA-based company that provides remote technical support to home and business computer users, announced today that it has raised $14.7 million in Series E funding from existing investor Edison Venture Fund and others. An unnamed limited partner at Edison also provided “a substantial first-time investment,” according to the company. PlumChoice most recently raised $2.8 million in April 2008 and $2 million in January 2009.
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
Lexie
12/4/09 8:40 pm
I hope they will use some of this funding to revive their once stellar services. I’ve been with them since 2005 and have seen a sharp decline in customer service since August 2009, so much that I’m considering another provider.
Jim S
1/20/11 1:25 am
The money was spent on ridiculous offices for 2 execs and fancy furnture to fill them. The rest of the office space is a disgrace and they only employ temps, the company is falling apart. As for customers, they have 3 or 4 total, in one market, this is article is all marketing propaganda!