Tech Company Financing Transactions
Fonality Funding Round
Threshold Ventures and Intel Capital participated in a $12 million capital raise for Fonality. The round was recorded on 9/4/2008.
Transaction Overview
Company Name
Announced On
9/4/2008
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Threshold Ventures (Lead Investor) (Randy Glein)
Proceeds Purpose
The company will use this additional capital to continue expanding its share of the $7B domestic telephony market and take a position in the $25B global telephony market, with a special focus on affordability and mobility for businesses with 5 - 500 people per location.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
5601 6th Ave. S 201
Seattle, WA 98108
USA
Seattle, WA 98108
USA
Phone
Website
Email Address
Overview
Learn about our reliable, affordable business phone systems solutions. We offer everything from cloud based hosting to contact center solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gene Carr
Chief Executive Officer
Kevin Dickens
VP - Engineering
Thomas Swayze
VP - Engineering
Raul Vera
VP - Finance
Robert Burns
VP - Marketing
Kristen Cruz
VP - Operations
Daniel Miller
VP - Sales
John Young
VP - Sales
John Young
Browse more venture capital transactions:
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Next: 9/5/2008: Pathwork Diagnostics venture capital transaction
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