Pervasip Corporation secures $1.4 million financing
WHITE PLAINS, NY & LOS ANGELES---Pervasip Corporation, a leading provider of wholesale Voice over Internet Protocol broadband telephone services, today announced that it has secured $1.4 million in debt financing from the sale of secured term notes to an accredited institutional investor.
Permira, the private equity group, has issued capital call letters to raise $917.8m from its investors for its acquisition of NDS, the set-top box company, in the first test of its revised fundraising structure.