TMCnet News
IntelePeer raises $4 million in equipment financingOct 07, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- IntelePeer, Inc., a US-based provider of hosted on-demand rich media communications, has raised $4 million in equipment financing from ATEL Ventures, Inc. Deal Value (US$ Million) 4 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2009-10-06 Deal Participants Target (Company) IntelePeer, Inc. Deal Rationale The proceeds of the financing will be used for the purchase and deployment of additional network infrastructure to support IntelePeer's growth. |
