TelePacific Communications is a Los Angeles-based integrated communications provider offering converged services to business customers in the western U.S. The company provides local and long-distance voice, data, Internet access, web hosting and web design to small- and medium-sized businesses and select corporate clients in California and Nevada. Led by Chairman and CEO David Glickman, TelePacific recently reached an agreement to acquire Tel West Network Services Corporation, which serves approximately 3,400 small and medium-sized businesses, enterprise customers and government accounts across Texas. TelePacific has received a $125M equity investment from Investcorp. The transaction brings the total amount the company has secured in financing in the last 12 months to more than $200M. The company plans to use proceeds to expand network infrastructure and service area to additional U.S. metropolitan markets over the next 12 months, extend its customer-support organization, and accelerate development of proprietary web-enabled solutions.

Total raised

$125M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2011