Tech Company Financing Transactions
XipLink Funding Round
XipLink closed a $1.5 million funding round on 2/28/2014. Investors included BEST Funds.
Transaction Overview
Company Name
Announced On
2/28/2014
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
BEST Funds (John Richardson)
Proceeds Purpose
The capital will be used by XipLink for sales and marketing initiatives, as well as to aid in the continuation of innovative technological developments.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
4200 St. Laurent Blvd. 1010
Montreal QC, H2W 2R2
Canada
Montreal QC, H2W 2R2
Canada
Phone
Website
Email Address
Overview
XipLink XA-4000 optimizer's were installed at a hub-site and a remote site across a VSAT network. The hub-site was allocated 5 Mbps of forward channel (uplink) capacity, while the remote site was allocated 2.5 Mbps of forward channel (uplink) capacity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Waters
VP - Bus. Development
Bruce Bednarski
VP - Operations
Thomas Muller
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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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