Friday, October 9, 2009

IntelePeer Gets $4M In Equipment Financing

San Francisco-based IntelePeer, a provider of hosted, rich media communications services, has received $4M in an equipment financing. The funding came from ATEL Ventures. According to ATEL, the funding will go towards purchase and deployment of additional network infrastructure. IntelePeer is venture backed by VantagePoint Venture Partners, Kennet Venture Partners, NorthCap Partners, and EDF Ventures.