Get the latest Venture Capital & Angel investors news and info Join Our Mailing List:

Your Name: 

Your Email:  

*By submitting your name & email you agree to receive for FREE our scholarships & offers Newsletters. You agree also with the storage and handling of your data by this website and 3rd party email services.
You may unsubscribe if you wish. And you can delete your email and name at any time by emailing us to the email on the bottom of this page.

Follow us on
 
  • Critical Links Raises $5.7 Million in Series A Venture Capital Funding

    November 23rd, 2007 No comments

    Networking Technology Company Attracts Funding to Accelerate Worldwide Sales and Marketing of edgeBOX Business Gateway Solution

    Critical Links, an international networking technology company, recently announced it has closed its Series A round of funding, receiving $5.7 million from European venture capital funds InovCapital, Change Partners and ASK/ISQ Capital.

    The new funding enables Critical Links to accelerate sales and marketing activities worldwide, in order to fuel the continued market growth of its proven edgeBOX Office in a Box solution. The company is expanding its direct presence in the US market and increasing its investment in sales and marketing in Europe and in key emerging markets such as India, China, Brazil and South Africa.

    Since its spin-off from high-growth European software engineering services company Critical Software in early 2006, Critical Links has successfully become a global player with the edgeBOX, a converged multi-function device or business gateway targeted at SMEs and branch offices, through resellers, distributors, telecom service providers and managed services providers. The company recently secured key partnerships with manufacturers and service providers in the US, Europe, Asia, and Africa.

    edgeBOX is currently the most comprehensive, cost-effective multi-function device or Office-in-a-Box that consolidates Voice, Data, and IT at a price point accessible to the booming SME market said Mr. João Carreira, Critical Links CEO. The rapid customer and partner network growth demands a more aggressive expansion strategy. The new funds will enable us to expand faster in our target markets and extend our offerings and services to new markets

    So called Multi-Service Business Gateways or Office-in-a-Box devices are, according to high tech market research firm In-Stat, a fast-growth market, covering an estimated 35 million SMEs worldwide, that is set to reach $2.6 billion in 2011 worldwide (Multi-Service Business Gateways: Cisco under Attack, April 2007).

    We are very pleased to announce the closing of our investment in Critical Links, a company with all the conditions to be successful in the global market said Mr. Luis Filipe Costa, CEO of InovCapital, on behalf of the investors. In the global economy SMEs need to take advantage of the latest ICT trends, this is a huge market that is often overlooked by systems integrators, service providers and is now successfully being addressed by the edgeBOX solution.

    edgeBOX is distributed through channel partners (VARs, Systems Integrators, Service providers and OEMs) worldwide in the UK, Spain, Brazil, Chile, China, India, Indonesia, Portugal, Singapore, South Africa and Thailand among others. edgeBOX has been identified as a key player in the emerging Business Gateway market by leading analyst house InStat and won the Best Broadband Appliance award at the World Broadband Forum in Madrid. It also recently won the prestigious Techworld UK 2007 Convergence Product of the Year award, and the 2007 TMC Labs Innovation award.

    Critical Links is an international networking technology company and provider of edgeBOX, a converged multi-function device or business gateway targeted at SMBs and Enterprise Branch Offices. edgeBOX is available in a wide range of scalable hardware platforms, including hardened appliances and standard servers, and has the best feature to price ratio in the market, making it the ideal choice for cost savvy SMEs. edgeBOX typically replaces 4 to 6 single-function devices required to deliver an equivalent set of services, fully remotely managed, with significantly lower TCO. Telecom Service Providers and Managed Services Providers offer edgeBOX as a service to their SME customers.

    Founded in 2005, Critical Links is a venture capital backed spin off” of Critical Software, an high-growth European software engineering services company established in 1998, with over 250 employees and a presence in the UK, USA, and Portugal.

    For more information, please visit www.critical-links.com

Leave a reply

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 251,542 bad guys.

 

Latest Headlines:

Friday August 31, 2012
Zscaler Secures $38 Million Investment Round


Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.


Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects


Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding


Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies


Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains


Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster


Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility


 

By using this website you agree with our cookie policy