investor Menlo Ventures, bringing the total investment in ProfitLine to $17 million. The funding will be used to expand the company's sales and marketing, enhance ProfitLine's proprietary Web application, MyTelcoManager, and for targeted acquisitions."
Thursday, February 24, 2005
ProfitLine Receives Additional Funding
"ProfitLine, the premier provider of outsourced telecom expense management services, today announced that the company has received an extension of its Series A financing from its current
investor Menlo Ventures, bringing the total investment in ProfitLine to $17 million. The funding will be used to expand the company's sales and marketing, enhance ProfitLine's proprietary Web application, MyTelcoManager, and for targeted acquisitions."
investor Menlo Ventures, bringing the total investment in ProfitLine to $17 million. The funding will be used to expand the company's sales and marketing, enhance ProfitLine's proprietary Web application, MyTelcoManager, and for targeted acquisitions."
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