Multapplied Networks, Inc. Completes Initial Financing Round
Vancouver-based networking software company receives fully-subscribed private equity placement.
VANCOUVER, B.C. – (02/11/13) – Multapplied Networks Inc. (https://www.multapplied.net) announced today that it has completed its initial investor financing and that funds have been released after due diligence.
Amid growing global acceptance of its flagship network bonding software, investors are pleased to release funding that will enable the company’s current roadmap. Capital raised will fund the global expansion of the direct sales organization and will provide additional resources to further expand the product suite.
“The internet shouldn’t just be better for our customers,” explains Multapplied’s President Johan Arnet, referring to his founding company’s (Rocket Networks) customers – many of whom are taking advantage of the bonding software. “In a few short months, Multapplied has already won over channel partners around the world that are selling this software to their customers. With this new investment we’re excited to be able to amp up our market penetration.”
The acquired funding is an indication that the network-as-a-service industry is a healthy and attractive choice for investors. Demand for network-based solutions is increasing as companies around the globe search for practical, cost-effective network alternatives.
Further details on the company, including product pricing, new features, and other innovative products are available by contacting Multapplied directly at 1-866-578-6957.
About Multapplied Networks, Inc.
Our name may be new, but the people, the homework, and the rigorous testing behind our product is not. Multapplied represents the combined efforts of our founding companies – Kerkhoff Technologies and Rocket Networks – who have been building, testing and selling their unique solution to worldwide customers for over 4 years. Our vision is to be a world leader in providing intelligent data network acceleration and reliability services. Our mission is to change the status quo and provide very intelligent internet optimization and redundancy solutions so that businesses can have a more trustworthy and rewarding relationship with the internet. Learn more at multapplied.wpengine.com.