$2M for Cedar Point Communications
Wade Roush11/30/09
Derry, NH-based Cedar Point Communications has raised $2 million out of a planned $3.4 million round of debt, the company revealed in regulatory documents filed November 24. The company, which makes voice-over-Internet-Protocol switching hardware used by cable and telephone operators, has raised $70 million in venture funding to date from Ascent Venture Partners, Battery Ventures, Charles River Ventures, Comcast Interactive Capital, Focus Ventures, JP Morgan Chase, Star Ventures, and Motorola, according to its website.
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.
