 Thinking Phone Networks took its first venture capital in January 2010, a $1.2 million equity financing from Capstone Partners.Following rounds included $16.5 million in October 2012, led by venture capital firms Advanced Technology Ventures and Bessemer Venture Partners; $10 million in October 2013 from the same firms; and $56.7 million of funding in December 2014, led by Technology Crossover Ventures.In 2016, after raising a new round of $112 million in private financing from Summit Partners, Bessemer Venture Partners and Technology Crossover Ventures, the company brought its total fundraising to over $200 million since its founding.