Tello Receives $2,700,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb249ed3-4c10-457a-8419-b38ed03ba66b&Preview=1 -
Date
2/29/2012 -
Company Name
Tello -
Mailing Address
999 Baker Way San Mateo, CA 94404 -
Company Description
Tello Corporation supports instant communication and collaboration across networks, applications and devices, in the context of critical business processes. -
Website
http://www.tello.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,700,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new funding will be used for growth, specifically hiring for the engineering and product team as well as for sales and marketing. The funds will also be used to acquire businesses to join Tello. -
M&A Terms
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Venture Investor
Bullpen Capital -
Venture Investor
True Ventures
