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
Transaction Type
Venture Equity
Series B
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
Mailing Address
5101 Buchan St. 200
Montreal Quebec, H4P 2R9
Email Address
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.
Simpler Networks LinkedIn Company Profile
Social Media
Simpler Networks Company Twitter Account
Company News
Simpler Networks News
Simpler Networks on Facebook
Simpler Networks on YouTube

Management Team

Email & Social
Chief Executive Officer
Mike Perrault
  Mike Perrault LinkedIn Profile  Mike Perrault Twitter Account  Mike Perrault News  Mike Perrault on Facebook
Chief Marketing Officer
Peter Benisti
  Peter Benisti LinkedIn Profile  Peter Benisti Twitter Account  Peter Benisti News  Peter Benisti on Facebook
Chief Technical Officer
Stéphane Menard
  Stéphane Menard LinkedIn Profile  Stéphane Menard Twitter Account  Stéphane Menard News  Stéphane Menard on Facebook



Browse more venture capital transactions:

Prev: 4/19/2005: BDNA venture capital transaction
Next: 4/20/2005: Xelerated venture capital transaction


Share this article


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary