Tech Company Financing Transactions
Simpler Networks Funding Round
On 4/19/2005, Simpler Networks raised $25 million in Series B funding from Highland Capital Partners, Kodiak Venture Partners and Summerhill Venture Partners.
Transaction Overview
Company Name
Announced On
4/19/2005
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will be used to accelerate the company's marketing activities and to strengthen its sales efforts for its EZ solutions in the United States and Europe.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
5101 Buchan St. 200
Montreal Quebec, H4P 2R9
Canada
Montreal Quebec, H4P 2R9
Canada
Phone
Website
Email Address
Overview
Founded in 1999 by two pioneers in networking, Simpler Networks is the last mile innovator. We engineer network solutions for local service providers to help them reduce their operational costs by automating labor-intensive processes at the distribution frame.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Perrault
Chief Marketing Officer
Peter Benisti
Chief Technical Officer
Stéphane Menard
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