Tech Company Financing Transactions

Natural Convergence Funding Round

Natural Convergence secured a $10 million Series C funding round on 11/21/2006. Investors included BDC Venture Capital, Wesley Clover and Desjardins Venture Capital.

Transaction Overview

Announced On
11/21/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Proceeds Purpose
According to David Cork, Chief Executive Officer, Natural Convergence, "The top priority use of these funds will be to assist our customers to continue to achieve these exponential growth rates through aggressive channel development and related marketing programs."

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
One Hines Road 100
Ottawa ON, K2K 3C7
Canada
Email Address
Overview
Natural Convergence develops and markets our Voice over Internet Protocol (VoIP) software, silhouette, to telecom carriers and service providers. Our solution delivers a compelling new value proposition that leverages the significant investments made in existing broadband data networks.
Profile
Natural Convergence LinkedIn Company Profile
Social Media
Natural Convergence Company Twitter Account
Company News
Natural Convergence News
Facebook
Natural Convergence on Facebook
YouTube
Natural Convergence on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Patrick Smith
  Patrick Smith LinkedIn Profile  Patrick Smith Twitter Account  Patrick Smith News  Patrick Smith on Facebook
Chief Technical Officer
Larry Strickland
  Larry Strickland LinkedIn Profile  Larry Strickland Twitter Account  Larry Strickland News  Larry Strickland on Facebook
VP - Bus. Development
Bill Crank
  Bill Crank LinkedIn Profile  Bill Crank Twitter Account  Bill Crank News  Bill Crank on Facebook
VP - Engineering
Steve Pequegnat
  Steve Pequegnat LinkedIn Profile  Steve Pequegnat Twitter Account  Steve Pequegnat News  Steve Pequegnat on Facebook
VP - Finance
Lisa Graziadei
  Lisa  Graziadei  LinkedIn Profile  Lisa  Graziadei  Twitter Account  Lisa  Graziadei  News  Lisa  Graziadei  on Facebook
VP - Marketing
Andrew Skafel
  Andrew Skafel LinkedIn Profile  Andrew Skafel Twitter Account  Andrew Skafel News  Andrew Skafel on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/21/2006: Intechra venture capital transaction
Next: 11/22/2006: Orexigen Therapeutics venture capital transaction

 

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We do our best to report on tech company VC transactions. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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