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Pfingsten Invests In Tempest

Dec 13, 2022over 2 years ago
Santa BarbaraHardware

Investors

Pfingsten Partners, L.L.C

Description

Tempest announces a major investment from Pfingsten Partners, L.L.C, an established private equity group with decades of experience building companies in the distribution and business services industries like Tempest.

Company Information

Company

Tempest

Location

Santa Barbara, California, United States

About

Tempest is a national network solutions provider dedicated to delivering custom solutions to the complex challenges that slow down network operators. The Tempest portfolio is designed to be agile for companies operating and expanding networks built with multiple types of technology throughout the entire network lifecycle – from network deployment and optimization to network expansion and maintenance, all the way to network reconfiguration and decommissioning. Since 2005, Tempest has and continues to deliver best-in-class customer support by listening to the needs of its customers and helping them save time and money every day.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers