Thinking Phone Networks Raises $16.5M

Thinking Phone Networks, a Cambridge, MA-based enterprise cloud communications service provider, has raised $16.5m in funding.

The investment was led by Advanced Technology Ventures (ATV) and Bessemer Venture Partners.
In conjunction with the funding, Bob Hower, general partner, ATV, and Bob Goodman, partner, Bessemer Venture Partners, have joined the company’s board of directors.

Thinking Phone Networks intends to use the proceeds to expand its sales, marketing and support services internationally, enhance its communications delivery ecosystem, and continue to grow its global partnership network.

Led by Steven Kokinos, president and CEO, the company provides midsize and larger enterprises with integrated and analytics driven single platform collaboration capabilities spanning mobility (including smartphone and tablet support), voice, video, presence, messaging, conferencing, and contact center.

FinSMEs

03/10/2012

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