BridgePort Lands Another $13M
The company says its latest round, which comes from existing backers including Polaris Venture Partners , General Catalyst Partners , and BCE Capital , takes its total funding to $51 million.
The money will be used to support partners involved in carrier trials and deployments of BridgePort's NomadicONE FMC technology, which allows a single phone number to be used across various access networks, including WiFi and mobile, and which is being resold by partners like Siemens Communications Group . (See Time Warner Goes Dualmode , Siemens Resells BridgePort, BridgePort Touts Convergence, and Net2Phone Picks BridePort.)
It will also be used to further develop the company's MobileStick product, which, the vendor says, is "experiencing strong demand" from large "Tier 1 mobile and integrated operators."
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— Ray Le Maistre, International News Editor, Light Reading