vIPtela Receives $75,000,000 Series C Funding

  • Feed Type
  • Date
    5/25/2016
  • Company Name
    vIPtela
  • Mailing Address
    1732 North First St. San Jose, CA 95112 USA
  • Company Description
    Evolutionary. Not Revolutionary We stay grounded in reality with customer endorsed solutions! Networking industry has lacked innovation over the last decade. vIPtela is bringing it back!
  • Website
    http://www.viptela.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $75,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company will use the proceeds to scale sales, marketing, technical support and research & development to meet aggressive customer demand for its products and execute its global go-to-market strategy.
  • M&A Terms
  • Venture Investor
    Redline Capital Management
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Northgate Capital