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Technology
by tj on February 10, 2004
Vonage just completed an extraordinary round - $40 million in round C.
"The Edison, N.J.-based company announced on Friday that it picked up the multimillion-dollar funding in a round co-led by two new investors: London-based global venture firm 3i Group and Meritech Capital Partners in Palo Alto, Calif., which focuses on wireline and wireless communications equipment and services. The injection brings Vonage's total funding to $103 million."Congratulations! Vonage was a bold bet in the beginning of last year but the company had a perfect timing. Now VoIP is the topic everybody wants to be invested in, especially in the market leader so far.
Permalink: $40 million more for Vonage
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/738
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Vote for $40 million more for Vonage:
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Rating: 6.00 out of 1 vote(s) cast.
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Response from:
grant
(02/10/04 11:01am)
I've had Vonage for more than a year. And am now seriously thinking of cancelling it. Originally, I got it hoping to replace my current phone line. But it has voice quality problems and issues with calls getting through. Maybe later.
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