VC Funding Still Strong: 2 Under the Radar Companies Raise $27 M
Posted March 18, 2009 by admin
Quattro Wireless, a Mobile Ad Network company, raised $10 Million from Highland Capital Partners of Lexington and Globespan Capital Partners of Boston. Quattro Wireless presented as a Graduate Circle company at our Under the Radar Mobility in 2007
Another past Graduate Circle presenter, Transera, a leading VoIP service provider focused on next generation IP communication services for business, raised $17M for on-demand call center technology from Accel Partners, Apax Partners, Lighthouse Capital Partners and Storm Ventures. Transera presented at our Under the Radar: The Business of Web Apps in 2008.
Congratulations to both companies for proving VC financing is still running strong for companies with solid teams and actual business models.
Startups: Your Chance to Present at Under the Radar | CloudAve
March 18th, 2009
[...] Well, if you think VC investment all dried up, just look at these two UtR companies picking up $27M in funding. In fact Dealmaker Media claims that in the past 3 years alone, presenting companies [...]