It looks like Tier 3 and its investors got a pretty rich payday when they sold the company to CenturyLink. A Bloomberg report puts the purchase price at $200 million for the 7-year-old, 60-person company. Tier 3 would not comment on the report. Tier 3 investors include Intel Capital, Madrona Venture Group and Ignition Capital.
Story posted at: bloomberg.com