Quattro Wireless, a Mobile Ad Network company, raised $10 Million from Highland Capital Partners of Lexington and Globespan Capital Partners of Boston. Quattro Wireless presented as a Graduate Circle company at our Under the Radar Mobility in 2007
Another past Graduate Circle presenter, Transera, a leading VoIP service provider focused on next generation IP communication services for business, raised $17M for on-demand call center technology from Accel Partners, Apax Partners, Lighthouse Capital Partners and Storm Ventures. Transera presented at our Under the Radar: The Business of Web Apps in 2008.
Congratulations to both companies for proving VC financing is still running strong for companies with solid teams and actual business models.