Tech Company Financing Transactions

Simpler Networks Funding Round

On 5/10/2004, Simpler Networks raised $15.5 million in Series A funding from Highland Capital Partners, Kodiak Venture Partners and Summerhill Venture Partners.

Transaction Overview

Company Name
Announced On
5/10/2004
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Series A
Investors

Highland Capital Partners (Lead Investor) (Jean-Luc Abaziou)

Kodiak Venture Partners (Lead Investor) (David Furneaux)

Summerhill Venture Partners

Proceeds Purpose
The funding will allow the company to finalize product development plans for their next-generation product line and begin the implementation of trial deployments by early 2005.

Company Information

Company Status
Private & Independent
Industry
Networking
Mailing Address
5101 Buchan St. 200
Montreal Quebec, H4P 2R9
Canada
Email Address
Overview
Founded in 1999 by two pioneers in networking, Simpler Networks is the last mile innovator. We engineer network solutions for local service providers to help them reduce their operational costs by automating labor-intensive processes at the distribution frame.
Profile
Simpler Networks LinkedIn Company Profile
Social Media
Simpler Networks Company Twitter Account
Company News
Simpler Networks News
Facebook
Simpler Networks on Facebook
YouTube
Simpler Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mike Perrault
  Mike Perrault LinkedIn Profile  Mike Perrault Twitter Account  Mike Perrault News  Mike Perrault on Facebook
Chief Marketing Officer
Peter Benisti
  Peter Benisti LinkedIn Profile  Peter Benisti Twitter Account  Peter Benisti News  Peter Benisti on Facebook
Chief Technical Officer
Stéphane Menard
  Stéphane Menard LinkedIn Profile  Stéphane Menard Twitter Account  Stéphane Menard News  Stéphane Menard on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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