Tech Company Financing Transactions
Contactual Funding Round
Contactual closed a $9 million Series A funding round on 4/26/2006. Investors included Leapfrog Ventures.
Transaction Overview
Company Name
Announced On
4/26/2006
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
Leapfrog Ventures (Lead Investor) (Peter Sinclair)
Proceeds Purpose
Proceeds from the round will be used to finance continuing enhancements to the Contactual platform, now in its fifth generation with over 500 tenants provisioned at the Contactual data center and additional customers hosted separately by channel partners such as NEC in Australia and Vitstage in Japan. The funds will also be used to expand the company's sales, marketing and channel initiatives.
Company Information
Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
810 W. Maude Ave.
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
Contactual pioneered the use of hosted contact centers that dramatically reduce the costs of outfitting customer service, help desk, technical support and inside sales team operations by eliminating the need for premise-based infrastructure.
Management Team
Title
Name
Email & Social
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