Thursday, July 10, 2003

VocalData Secures $12.5 Million for Hosted IP Telephony Apps

VocalData, a start-up headquartered in Richardson, Texas, secured $12.5 million in Series C funding for its development of hosted IP telephony services. VocalData's flagship VOISS is a feature-rich, standards-based voice application server that enables service providers to supply businesses with IP Centrex, hosted PBX, VoIP VPN, and enhanced services such as conferencing and unified messaging. The company plans to use the new funding to expand existing sales efforts, build up additional international distribution channels, and strengthen customer-engineering support. The new round was led by Austin Ventures and included existing investors Trinity Ventures, Seed Capital Partners L.P., Hickory Ventures, and JP Morgan Partners. VocalData has raised $60 million in funding to date.
http://www.vocaldata.com

  • VocalData claims more than 35,000 VOISS lines are currently in service.