vc

are we back in 1999?

Filed in archive Venture Capital on August 25, 2004

Apparently not, but after 2 rather surprising rounds today comes another funding news: Vonage announces a $105 million round today:

"The company, which enables users worldwide to make phone calls using a touch tone phone over an Internet connection, has 240,000 lines in service. Round leader New Enterprise Associates provided $40 million. For another participant, Meritech Capital Partners, the investment was one of the largest in the fund's history. Vonage is trying to define itself in a way that would avoid state regulation reserved for other telephone companies"
Wow!

Permalink: are we back in 1999?

Tags: voip  vonage  back  1999  entrepreneurship  back+1999  venture+capital  please+enter 

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