Tech Company Financing Transactions
Allworx Funding Round
Allworx secured a $2 million venture capital round on 6/12/2006. Investors included Cayuga Venture Fund.
Transaction Overview
Company Name
Announced On
6/12/2006
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Cayuga Venture Fund (Jennifer Tegan)
Proceeds Purpose
InSciTek will use this additional investment to expand and enhance its proven Allworx Voice over Internet Protocol (VoIP) product line for the SMB market and to expand its sales and marketing reach (www.allworx.com).
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
300 Main St.
East Rochester, NY 14445
USA
East Rochester, NY 14445
USA
Phone
Website
Email Address
Overview
Allworx believes that small businesses today should have access to the same advanced information and communication technologies as big enterprises.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Vice President
Jeffrey Szczepanski
VP - Engineering
David Plakosh
VP - Finance
Chris Hasenauer
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Prev: 6/8/2006: Virent Energy Systems venture capital transaction
Next: 6/12/2006: TetraLogic Pharmaceuticals venture capital transaction
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