Tech Company Financing Transactions
Whaleback Systems Funding Round
Castile Ventures, Ascent Venture Partners and Egan-Managed Capital participated in a $75 million Series B venture round for Whaleback Systems. The round was announced on 9/25/2006.
Transaction Overview
Company Name
Announced On
9/25/2006
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series B
Investors
Proceeds Purpose
This financing will be utilized to expand Whaleback's channel and geographic market coverage and to fund aggressive feature development for Whaleback's CrystalBlue� Voice Service for Small and Medium Businesses (SMBs).
Company Information
Company Status
Acquired or Merged
Industry
Telecom
Mailing Address
2 International Drive 150
Portsmouth, NH 03801
USA
Portsmouth, NH 03801
USA
Phone
Website
Email Address
Overview
Whaleback Systems is a pioneering managed service provider offering the first business phone solution built from the ground up for broadband to help Small and Medium Businesses (SMBs) reduce capital and operating costs while taking advantage of full-featured telephony solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Daly
Chief Financial Officer
Peter Basius
Chief Technical Officer
Wray West
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