Tech Company Financing Transactions
Reef Point Systems Funding Round
Reef Point Systems, based in Billerica, secured $21 million from JVP.
Transaction Overview
Company Name
Announced On
6/20/2006
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Investors
JVP (Adam Fisher)
Proceeds Purpose
Woody Ritchey, Reef Point CEO said, "This new funding will help fuel our aggressive expansion plans, fund our increased marketing programs and also allow us to make additional investments in our product development."
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
3 Federal Street
Billerica, MA 01821
USA
Billerica, MA 01821
USA
Phone
Website
Email Address
Overview
Reef Point is a provider of IP-based fixed-mobile convergence connectivity solutions that connect devices to networks -- and networks to networks -- enabling high-quality voice, data, video and multimedia sessions to flow, efficiently, securely and reliably.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on 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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