Broadview Networks Buying Natural Convergence Assets
Broadview Networks Inc., a Rye Brook, N.Y.-based provider of integrated communications and managed security services, has agreed to acquire select assets of Natural Convergence Inc., an Ottawa-based provider of hosted VoIP software applications. No financial terms were disclosed. Broadview has raised nearly $300 million in total VC funding since 1997, with current shareholders including Baker Capital, MCG Capital, New Enterprise Associates, ComVentures and Lightspeed Venture Partners. Natural Convergence has raised VC funding from firms like VIMAC Ventures, Jefferson Partners, BDC Venture Capital, Dejardins, Primaxis, WesleyClover and PurpleAngel.
6 August 2009•3 mins read
