Thursday, November 15, 2007

OpenPeak Inc got $30 million in Series C funding

What Company is Offering:
OpenPeak Inc ,a provider of end-to-end system solutions and devices for telephony, digital content, and Internet services,
OpenPeak Inc. creates, designs, and develops innovative communication systems and devices that enable simple user control of VoIP telephony, digital media, Internet content, messaging applications, and consumer electronics.
How It Works:

From a single screen ,users can access email, voicemail,personal calendars,address books,news weather,traffic information,movie listing,leave memos for family members and make phone calls too.The revolutionary OpenFrame solution re-invents the home phone with a touch screen interface and custom software that integrates telephony, Internet content and digital media on a single device. This innovative approach complements family PC, TV and mobile phones and is built on OpenPeak’s core technology for channeling control of disparate content and services for easy access and management. OpenPeak provides end-to-end solutions from industrial design and user interfaces to custom software and finished products.

How Much They Got From VCs:
They got $30 million in Series C funding. Investors include RRE Ventures, J. Tomilson Hill, and Mort Topfer, all participants in OpenPeak’s prior funding rounds. The new funds will be used to support the manufacture and market launch of OpenPeak’s new OpenFrame line of devices.
Who is Backing Them:
OpenPeak investors include John Sculley, former CEO of Apple and Pepsi-Cola; Mort Topfer, former Vice Chairman of Dell and Executive VP Motorola; J. Tomilson Hill III, Vice Chairman of The Blackstone Group, RRE Ventures, Castletop Capital, Millennium Technology Ventures and GMG Capital Partners.
More at:http://www.openpeak.com/

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