Sylantro Raises $15 Million for its IP Centrex, BCE Leads the Round

Sylantro Systems, a developer of IP Centrex and hosted communications applications, closed a $15 million Series D funding round, bringing the company's total funding to date to over $92 million. Sylantro's hosted communications and IP Centrex applications allow service providers to offer a range of high-value PBX replacement services. BCE Capital, the venture capital subsidiary of Bell Canada Enterprises, led the investment, with participation from Sylantro's existing investor group including Accel Partners, Azure Capital Partners, Bank of America, CIT Group, Hook Partners, JP Morgan, Mayfield, Pyramid Technology Ventures and Vanguard Ventures. Sylantro is based in Campbell, California.
http://www.sylantro.com