Critical Links, a Portugal-based provider of a converged multi-function business gateway targeted at SMBs and enterprise branch offices, has raised $5.7 million in Series A funding. Backers include InovCapital, Change Partners and ASK/ISQ Capital.
Critical Links (www.critical-links.com), an international networking technology company, today announced it has closed its Series A round of funding, receiving $5,7 million from European venture capital funds InovCapital, Change Partners and ASK/ISQ Capital.
The new funding enables Critical Links to accelerate sales and marketing activities worldwide, in order to fuel the continued market growth of its proven edgeBOX “Office in a Box” solution. The company is expanding its direct presence in the US market and increasing its investment in sales and marketing in Europe and in key emerging markets such as India, China, Brazil and South Africa.
Since its spin-off from high-growth European software engineering services company Critical Software in early 2006, Critical Links has successfully become a global player with the edgeBOX, a converged multi-function device or business gateway targeted at SMEs and branch offices, through resellers, distributors, telecom service providers and managed services providers. The company recently secured key partnerships with manufacturers and service providers in the US, Europe, Asia, and Africa.
“edgeBOX is currently the most comprehensive, cost-effective multi-function device or “Office-in-a-Box” that consolidates Voice, Data, and IT at a price point accessible to the booming SME market” said Mr. Jo