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SingleHop Secures $27.5 Million Investment Led by Battery Ventures

CHICAGO April 25, 2012 $27.5 million Dan Ushman Zak Boca

Zak Boca

2011 earnings

SingleHop facts:

Dan Ushman

Dave Tabors

Cheval Capital, Inc. advised SingleHop on the transaction and American Chartered Bank also participated in the round.

About SingleHop


Chicago, IL.

About Battery Ventures

Since 1983, Battery has been investing in technology and innovation worldwide. The firm partners with entrepreneurs and management teams across technology sectors, geographies and stages of a company’s life, from seed, start-up and expansion financing, to growth equity and buyouts.

Battery has supported many breakthrough companies around the world, including: Airespace (acquired by Cisco), Akamai Technologies (IPO), Angie’s List (IPO), Anobit (acquired by Apple), Bazaarvoice (IPO), Bladelogic (acquired by BMC), ExactTarget (IPO), Groupon (IPO), Guidewire Software (IPO), ITA Software (acquired by Google), MetroPCS (IPO), Netezza (acquired by IBM) and Skullcandy (IPO). Its current portfolio includes emerging and more established firms such as, Calxeda, Consona, Cumulus Networks, Marketo, Neolane, Opscode, Pursway, VSS Monitoring, XtremIO and Zerto.

Boston Israel $4B $750M Battery on Twitter

About American Chartered Bank

$2.4 billion Schaumburg, Illinois Chicago

Kevin Swan

[email protected]

Press Release Distribution

SOURCE SingleHop, Inc.

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