Tech Company Financing Transactions
NewStep Networks Funding Round
NewStep Networks, based in Toronto ON, raised $7 million from BDC Venture Capital, Eastward Capital Partners and Newbury Ventures.
Transaction Overview
Company Name
Announced On
10/20/2006
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$7,000,000
Round
Series B
Proceeds Purpose
NewStep Networks will use the funds raised to expand its sales and support capabilities, and to develop new technologies that will continuously improve the customer experience with fixed-mobile convergence services.
Company Information
Company Status
Out of Business
Industry
Networking
Mailing Address
276 King Street West 300
Toronto ON, M5V 1J2
Canada
Toronto ON, M5V 1J2
Canada
Phone
Website
Email Address
Overview
NewStep Networks provides the solutions that enable an "any device, any place, any content" communications experience today. It's all about bringing together the services that are important to users. Call it service convergence, fixed-mobile convergence or IMS. We call it a better way to communicate.
Management Team
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