Tech Company Financing Transactions
SinglePipe Communications Funding Round
On 1/23/2007, SinglePipe Communications raised $4 million in Series A funding from Chrysalis Ventures.
Transaction Overview
Company Name
Announced On
1/23/2007
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Chrysalis Ventures (Wright Steenrod)
Proceeds Purpose
The Series A equity investment funded SinglePipe's acquisition of ALEC, a Lexington, Kentucky-based Competitive Local Exchange Carrier (CLEC) and provided working capital necessary to aggressively market the company's products.
Company Information
Company Status
Acquired or Merged
Industry
Telecom
Mailing Address
11492 Bluegrass Parkway 107
Louisville, KY 40299
USA
Louisville, KY 40299
USA
Phone
Website
Email Address
Overview
SinglePipe Communications based in Lexington Kentucky is a facilities-based wholesale communications provider. SinglePipe provides services to clients across the United States with points of presence throughout the Southeast.
Management Team
Title
Name
Email & Social
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