Tech Company Financing Transactions
Whaleback Systems Funding Round
Whaleback Systems closed a $3 million Series A funding round on 3/8/2006. Backers included Ascent Venture Partners.
Transaction Overview
Company Name
Announced On
3/8/2006
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
Ascent Venture Partners (Walter Dick)
Proceeds Purpose
Company executives say Whaleback plans to go into beta tests of its system in the fall and begin generating revenue by the end of the year.
Company Information
Company Status
Acquired or Merged
Industry
Telecom
Mailing Address
2 International Drive 150
Portsmouth, NH 03801
USA
Portsmouth, NH 03801
USA
Phone
Website
Email Address
Overview
Whaleback Systems is a pioneering managed service provider offering the first business phone solution built from the ground up for broadband to help Small and Medium Businesses (SMBs) reduce capital and operating costs while taking advantage of full-featured telephony solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Daly
Chief Financial Officer
Peter Basius
Chief Technical Officer
Wray West
Browse more venture capital transactions:
Prev: 3/8/2006: Coremetrics venture capital transaction
Next: 3/8/2006: ThingMagic venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs