Telekenex Receives US$5.5M in Debt Financing from Wellington Financial

IXC, Inc. (dba Telekenex), a Seattle, Washington- and San Francisco-CA-based business-grade IP service provider, has received US$5.5m in debt financing from Wellington Financial LP.
The financing provides the company with the capital necessary to continue their growth and penetration in the managed voice and data services market.
Telekenex’ innovative solutions, including Managed Ethernet, SIP Trunking, Private MPLS + Internet, Managed Data Center and a full suite of IP Telephony solutions, help SMBs and enterprises reduce costs, increase employee productivity and eliminate the expense and complexity of managing legacy PBX and data equipment solutions.
The company’s primary venture capital investors include Walden Venture Capital, Altos Ventures and Industry Ventures, all of northern California.

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