U4EA Technologies, converged communications co., raises $16M

U4EA Technologies, a Fremont, Calif. provider of integrated access technology for converged communications, has raised a $16 million funding round, bringing total funding to-date to $30 million, the company said.

Three European institutional investors are the company’s main investors: IIU Nominees Limited, Bluehone Investors LLP, and Singer & Friedlander.

Announcement here.

A snippet here:

The latest funding will be used to meet the growing needs of U4EA’s existing customers, to provide solutions that will expand the company’s market opportunity… Continue Reading