IntelePeer Lands $4,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc43bb68-ed5f-41d8-913f-a1df93f8cb7e&Preview=1 -
Date
10/6/2009 -
Company Name
IntelePeer -
Mailing Address
2855 Campus Drive San Mateo, CA 94403 -
Company Description
IntelePeer, Inc. provides all the infrastructure and services needed to connect carriers, cable companies, wireless carriers and other voice service providers, and eCommunities – enabling them to dramatically reduce their communications costs, connect disparate networks and build state-of-the-art intelligent communications applications regardless of geographic or technology boundaries. -
Website
http://www.intelepeer.com -
Transaction Type
Debt -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The financing will be used for the purchase and deployment of additional network infrastructure to support the company’s rapid growth. -
M&A Terms
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Venture Investor
Atel Ventures, Inc.
