Tech Company Financing Transactions

Covergence Funding Round

On 6/13/2005, Covergence secured $10 million in Series B funding from Highland Capital Partners and North Bridge Venture Partners.

Transaction Overview

Company Name
Announced On
6/13/2005
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Highland Capital Partners (Lead Investor) (Sean Dalton)

North Bridge Venture Partners (Lead Investor)

Proceeds Purpose
The company will use this second round of funding to expand its sales, marketing, and business development initiatives.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
One Clock Tower Place Second Floor
Maynard, MA 01754
USA
Email Address
Overview
Covergence is the leader in scaling, securing and controlling VoIP and other real-time services based on the Session Initiation Protocol (SIP).
Profile
Covergence LinkedIn Company Profile
Social Media
Covergence Company Twitter Account
Company News
Covergence News
Facebook
Covergence on Facebook
YouTube
Covergence on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jim Moran
  Jim Moran LinkedIn Profile  Jim Moran Twitter Account  Jim Moran News  Jim Moran on Facebook
Chief Financial Officer
Greg Stott
  Greg Stott LinkedIn Profile  Greg Stott Twitter Account  Greg Stott News  Greg Stott on Facebook
Chief Technical Officer
Kenneth Kuenzel
  Kenneth Kuenzel LinkedIn Profile  Kenneth Kuenzel Twitter Account  Kenneth Kuenzel News  Kenneth Kuenzel on Facebook
Vice President
Paul Skinner
  Paul Skinner LinkedIn Profile  Paul Skinner Twitter Account  Paul Skinner News  Paul Skinner on Facebook
VP - Engineering
Gil Kaufman
  Gil Kaufman LinkedIn Profile  Gil Kaufman Twitter Account  Gil Kaufman News  Gil Kaufman on Facebook
VP - Marketing
Rod Hodgman
  Rod Hodgman LinkedIn Profile  Rod Hodgman Twitter Account  Rod Hodgman News  Rod Hodgman on Facebook
VP - Product Management
Jim Donovan
  Jim Donovan LinkedIn Profile  Jim Donovan Twitter Account  Jim Donovan News  Jim Donovan on Facebook
VP - Sales
Marty Falaro
  Marty Falaro LinkedIn Profile  Marty Falaro Twitter Account  Marty Falaro News  Marty Falaro on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/13/2005: NanoSolar venture capital transaction
Next: 6/13/2005: Centive venture capital transaction

 

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We report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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