Communications Company IntelePeer Secures $4M Financing from ATEL Ventures

San Mateo, Calif.-based IntelePeer Inc., a provider of hosted on-demand rich media communications, has secured $4m in equipment financing from ATEL Ventures, a provider of secured financing to emerging growth companies.

The funds will be used to deploy additional network infrastructure to support the company’s rapid growth.

Commenting on the financing, Andre Simone, CFO, IntelePeer, said: “ATEL’s equipment financing helps us scale quickly to satisfy our customer needs while growing the company in an appropriate way”.

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