Fierce

Hosted VoIP company Vocalocity raises more funds

Monday 28th June 2010 - 18:37

Fierce

Looks like another VoIP provider has pulled in some more cash this week. Vocalocity, provider of hosted PBX VoIP services and infrastructure applications to small businesses has closed a third round of financing.

The company has raised $3.45 million according to a regulatory filing. This is the third in a line of fundraising rounds with earlier rounds bringing in $4.1 million in January 2009 and $89 million in 2007. According to TechJournalSouth, investors in this current round include Noro-Moseley Partners, TechOperators, Pittco Capital Partners, Imlay Partners and members of the company's management team.

Vocalocity focuses on small businesses with 50 customers or less. They own their own VoIP technology, meaning that when a customer calls customer service Vocalocity can handle all of their needs where some other companies might need outside technicians to service third-party devices.

For more:
- read the article

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Infonetics: The bleeding has stopped, trends point to hosted and biz VoIP
Hosted VoIP provider Telesphere lands additional $7M in venture funding

Source: Fierce
More about: hosted , pbx
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Mike Dolan
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