Ifbyphone Raises $4.6 Million
November 17th, 2008 . by ElanAnother piece of exciting Ifbyphone news rolled in today, as we officially announced a $4.6 Million round of financing. Apex Venture Partners, Origin Ventures, Spring Mill Venture Partners, i2A & Blue Crest Capital Finance LP all invested in the round.
“We view this new round of funding as a strong endorsement of our growth and expansion strategy,” said Ifbyphone founder and CEO Irv Shapiro. “It positions us extremely well to continue our expansion during these complex economic times.”
Ken Green, co-founder and managing partner at Spring Mill Venture Partners, said, “We believe that Ifbyphone represents the next great wave of Internet-enabled business services, allowing small and medium-sized businesses access to capabilities previously only available to their larger competitors. This kind of service offers an opportunity to level the competitive playing field.”
You can read more details in today’s Chicago Tribune, Chicago Sun-Times & Crain’s Chicago Business News.
[...] Ifbyphone has received a good deal of press surrounding our funding announcement. [...]
[...] Ifbyphone Raises $4.6 Million [...]