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Article: FaceTime Communications Receives Strategic Investment of $6.5 Million to Capitalize on Rapid Business Growth; BA Venture Partners, Sutter Hill Ventures, TH Lee Putnam Ventures Renew Investments in Leading Enterprise IM Solutions Provider.
- Article from:
- PR Newswire
- Article date:
- March 1, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FOSTER CITY, Calif., March 1 /PRNewswire/ -- Furthering its leadership as the premier provider of solutions that secure, manage, and extend instant messaging (IM) and other forms of real-time communications in the enterprise, FaceTime Communications today announced the company has received a strategic capital investment from its investors BA Venture Partners, Sutter Hill Ventures and TH Lee Putnam Ventures. This financing round marks a combined total of $14.5 million invested in the company since July 2001.
FaceTime Communications is the most widely deployed provider of extensible, end-to-end IM security and management solutions that address network and ...