Ercom raises $16.64 million in venture funding
May 06, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Ercom, a provider of telecom network security and testing solutions, has secured EUR12.5 million in new venture funding from investors comprising Alven Capital, OTC Asset Management, A Plus Finance, and Capzanine. All the parties are based in France.
Clipperton Finance acted as advisor to Ercom on the transaction.
Deal Value (US$ Million) 16.64
Deal Type Venture Finance
Sub-Category Growth Capital/Expansion
Deal Status Completed: 2009-05-05
Target (Company) Ercom
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