IPeak Networks Secures Series A Financing

Funding Rounds

Summary

IPQ adds the performance and quality to those lossy networks that is required to support HD video conferencing, virtualized line of business applications, and unified communications.The Series A round of financing was closed on June 30 2009 to build on success made possible with the earlier financial support of the Ottawa Angel Alliance (OAA, ottawaangelalliance.angelgroups.net) and the Province of Ontario’s Investment Accelerator Fund (IAF, ) administered by Ontario Centres of Excellence (OCE, www.oce-ontario.org).Martin Horne, chief executive officer of IPeak Networks, characterized Miralta’s decision to get involved as a significant vote of confidence in a generally down market for such investments.IPQ adds the performance and quality to those lossy networks that is required to support HD video conferencing, virtualized line of business applications, and unified communications.Miralta’s long-proven and successful investment strategy is based on identifying companies in well understood industry sectors that have a new business model or technology that can produce superior growth, high growth potential in an expanding sector with potential worldwide sales opportunities; and an excellent management team.To learn more about Miralta and Miralta’s investments, visit www.miralta.com### Contact Information IPeak Networks Incorporated Brett McAteer 613.599.6267 www.ipeaknetworks.com Click here to view the list of recent Press Releases from IPeak Networks Incorporated Promote Your Business Press Release Pricing Email this page to a friend

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Amount - Total raised
Date July 10, 2009 Announcement date
Investors Ontario Centres of Excellence, Miralta Capital Lead investors
Company www.ipeaknetworks.com Funded company

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