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Response Networks

Response Networks
1999 FOUNDED
M&A STATUS
M&A LATEST DEAL TYPE
Description

Provider of business communications products and services. The company's products are designed to speed the response to your clients, partners and prospects. Solutions include Virtual Phone System, Hosted VOIP and Installed Communications Solutions. We provide advanced voice networking to small and medium sized businesses. We also offer system maintenance and service on Avaya IP Office, Partner ACS and Quick Edition platforms.

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Other Industries
Other Communications and Networking
Connectivity Products
Wireless Communications Equipment
Acquirer
Primary Office
  • 790 Turnpike Street
  • Suite 310
  • Andover, MA 01845
  • United States
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Response Networks Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 30-Jul-2002 000.00 Completed Generating Revenue
3. Later Stage VC (Series D) 26-Sep-2001 000 000.00 000.00 Completed Generating Revenue
2. Later Stage VC (Series C) 17-Aug-2000 $10M $15.3M 000.00 Completed Startup
1. Early Stage VC (Series B) 09-Nov-1999 $5.35M $5.35M 000.00 Completed Startup
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Response Networks Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D 0,000,000 00.000000 00.00 00.0 00.0 00 00.0 00.000
Series C 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.00
Series B 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A2 2,396,042 $0.010000 $0.1 $1 $1 1x $0.5 15.41%
Series A1 1,500,000 $0.010000 $0.1 $1 $1 1x $0.5 9.65%
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Response Networks Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Cisco Systems Corporation Minority 000 0000 000000 0

Response Networks Executive Team (5)

Name Title Board
Seat
Contact
Info
Theodore Joseph Chief Executive Officer
Phillip Sweatman Chief Financial Officer
Kevin Clougherty Chief Technology Officer & Senior Vice President, Research & Development
Ivan Shefrin Founder & Senior Vice President of Business Development
Harold Maupin Vice President, Development & Engineering