Home  About Us News CoreDial Accepts Funding From Ben Franklin Technology Partners
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CoreDial Accepts Funding From Ben Franklin Technology Partners |
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FOR IMMEDIATE RELEASE
May
22, 2008
CoreDial Accepts Funding From Ben
Franklin Technology Partners Of Southeastern Pennsylvania
Funds
Used For Technology Projects and Pennsylvania Job Creation
Plymouth
Meeting, PA, May 22, 2008 – CoreDial, LLC, the regions premier provider
of Hosted PBX and VoIP services for small to mid-sized businesses in
the Mid-Atlantic and other US regions, today announced the company has
accepted funding from Ben Franklin Technology Partners of Southeastern
Pennsylvania (BFTP). Funds will be used for internal projects related
to the company's technologies and infrastructure improvements, and to
create new high-technology jobs in Pennsylvania.
"We
welcome and appreciate the funding from our friends at Ben Franklin
Technology Partners of Southeastern Pennsylvania" said Alan Rihm, CEO
of CoreDial. "BFTP provides the company with access to capital and
other resources designed to facilitate our growth and success. The
funds will be used for projects related to technological innovation and
advancement, as well as regional job creation. As a serial entrepreneur
in the region, I am pleased that CoreDial was able to become a BFTP
portfolio company.”
“CoreDial has a strong
management team in place to grow their enterprise,” says RoseAnn B.
Rosenthal, President and CEO of Ben Franklin Technology Partners of
Southeastern Pennsylvania (BFTP/SEP). “BFTP/SEP is proud to invest in
early stage companies like CoreDial that will expand and create more
high-paying jobs for the Commonwealth."
About Ben Franklin Technology
Partners of Southeastern Pennsylvania
Celebrating
our 25th anniversary, BFTP/SEP is the region’s catalyst for Stimulating
Entrepreneurial Potential. Ben Franklin invests in innovative
enterprises and creates commercialization pathways that generate wealth
through science and technology. Part of a statewide network in
Pennsylvania, BFTP/SEP provides entrepreneurs and established
businesses with the Capital, Knowledge and Networks to compete in the
global marketplace. BFTP/SEP has provided more than $130 million to
grow more than 1,600 regional enterprises. BFTP/SEP is a founding
partner of The Nanotechnology Institute™ (NTI), Mid-Atlantic
Nanotechnology Alliance (MANA®), Emerald Stage2 Venture Fund and the
Minority Angel Investor Network. BFTP/SEP is part of the
Commonwealth
of Pennsylvania’s Ben Franklin Technology Partnership.
About CoreDial, LLC
CoreDial,
LLC, is the premier provider of Hosted PBX and VoIP services for small
to mid-sized businesses in the Mid-Atlantic and other areas of the
United States. CoreDials' managed hosted communications services makes
buying or upgrading a business phone system extremely cost effective,
easy to manage, and even reduces monthly telecommunications expenses.
Our platform offers better scalability and business continuity options
compared to many customer premise based phone systems. We provide the
lowest total cost of ownership by eliminating the need for customers to
buy expensive hardware and software that usually resides in a phone
closet. Expensive service contracts are also a thing of the past.
CoreDial seamlessly interconnects multiple offices and mobile workers
with our national footprint, and we have the perfect calling plan to
meet virtually any business requirement.
To learn
more about the CoreDial products and services, please visit
www.coredial.com.
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CoreDial is a trademark of CoreDial, LLC. All
other trademarks or registered trademarks are registered and protected
by their respective owners.
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