Tech Company Financing Transactions
Vertical Communications Funding Round
M/C Venture Partners participated in a $27.5 million funding round for Vertical Communications. This VC investment round closed on 9/29/2004.
Transaction Overview
Company Name
Announced On
9/29/2004
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Undisclosed
Investors
M/C Venture Partners (Lead Investor)
Proceeds Purpose
Artisoft will pay up to $19 million in cash for Vertical Networks, and a portion of the proceeds of the financing will be used to finance the acquisition.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
3910 Freedom Cir. 103
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Vertical enables businesses to improve communications with their customers, partners and employees, providing real-time cost and operational efficiencies -- whether your business is small or a large enterprise, with a single site or hundreds of sites.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
William Tauscher
Chief Executive Officer
Peter Bailey
VP - Operations
Marc Niknam
VP - Operations
Mark Niknam
VP - Sales
Rick Dell
Browse more venture capital transactions:
Prev: 9/29/2004: NuCORE Technology venture capital transaction
Next: 9/30/2004: Ember venture capital transaction
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We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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