Friday, June 2, 2006

Yipes Gets $17.5M

San Francisco-based Yipes Enterprise Services has received $17.5M in a fourth round of funding. The investment includes $9M in a line of credit from SVB Silicon Valley Bank. The remainder of the funding came from existing investors Crosslink Capital, Norwest Venture Partners, JPMorgan Partners, and Sprout Group. The funding brings its total raised to $106M since July of 2002. Yipes is a provider of managed Ethernet solutions. More information »