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IntelePeer raises $4 million in equipment financing
[October 07, 2009]

IntelePeer raises $4 million in equipment financing


Oct 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.

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