Speakeasy Builds on Success and Plans for Dramatic Growth with $24 Million Financing Round
March 16, 2004
Speakeasy Inc., a Seattle-based provider of broadband services, has raised $24 million in Series D funding. 3i Group and BV Capital co-led the deal, and were joined by return backers Ares Management, Cornerstone Ventures, Granite Ventures and Matthew G. Norton. Cascadia Capital advised Speakeasy on the transaction. Speakeasy now has raised $50 million in total VC funding since its 1995 inception, including a $6.5 million Series C deal in 2002 at a post-money valuation of approximately $32.5 million. www.speakeasy.net