Radialpoint Buys HiWired

Radialpoint, a Canadian provider of managed Internet security to ISPs, has acquired the assets of HiWired Inc., a Needham, Mass.-based provider of technology support services to ISPs. No financial terms were disclosed. HiWired had raised over $17 million in VC funding since 2005, from firms like Kodiak Venture Partners, North Hill Ventures and Sigma Partners. Radialpoint last year sold a minority ownership stake to TA Associates.

2 February 2009•2 mins read
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