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Simpler Networks
company
About
Simpler Networks operates as a telecommunications equipment and software manufacturer in Canada.
- 101 - 250
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $10M
- Industries
- Manufacturing,Software,Telecommunications
- Founded date
- Jan 1, 1999
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Simpler Networks Inc. operates as a telecommunications equipment and software manufacturer in Canada. The company specializes in automated distribution frames enabling copper loop management and also offers EZ-MDF, an automated main distribution frame hardware and software, which automates the labor-intensive process of manipulating central office and street cabinet distribution frames. The company sells technology, products, and solutions directly to local service providers and through partners in North America and Europe. Simpler Networks Inc. was founded in 1999 and is headquartered in Dorval, Canada.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$25.50M
Simpler Networks has raised a total of
$25.50M
in funding over 2 rounds. Their latest funding was raised on
Jan 11, 2006 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 11, 2006 | Debt Financing | $10M | 1 |
Hercules Capital
|
— | Detail |
| May 13, 2004 | Series A | $15.50M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Simpler Networks is funded by 2 investors.
Hercules Capital
and Innovatech Grand Montreal
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Hercules Capital
|
Yes | Debt Financing |
Innovatech Grand Montreal
|
— | Series A |
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