Tornado closes fifth funding round
Telecom software maker Tornado Development raised $20 million in its fifth funding round, the company said Tuesday, bringing its total financing to about $70 million. The round includes contributions from previous investors such as GE Equity, QuestMark Partners, Intel Communications Fund and Kipco. The El Segundo, Calif.-based company makes unified messaging software, which offers customers the ability to check voice mail, e-mail and faxes from a PC, phone or other devices. The company has formed partnerships with Siemens, Hewlett-Packard and Sun Microsystems.
Telecom software maker Tornado Development raised $20 million in its fifth funding round, the company said Tuesday, bringing its total financing to about $70 million. The round includes contributions from previous investors such as GE Equity, QuestMark Partners, Intel Communications Fund and Kipco. The El Segundo, Calif.-based company makes unified messaging software, which offers customers the ability to check voice mail, e-mail and faxes from a PC, phone or other devices. The company has formed partnerships with Siemens, Hewlett-Packard and Sun Microsystems.