LiteScape Technologies raises $11.2M for VoIP-in-business applications service

May 9, 2007 | Matt Marshall

LiteScape Technologies Inc., a Redwood Shores, Calif. provider of VoIP-enabled business software, has raised $11.2 million of a planned $13.8 million second round of funding (VentureWire).

Investors included Vedanta Capital (apparently no Web site), a firm founded last year by former partners at Invesco Private Capital and existing investors TeleSoft Partners, SoftBank Capital and Blumberg Capital.

LiteScape tries to integrate communications into business applications on any device, according to its Web site.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.