Fonality raises $12M for small business phone systems
Fonality, a company that provides Internet phone systems to small- and medium-sized businesses, has raised $12 million in a fourth round of funding.
Dan Rosenthal, the vice president of finance, says Fonality’s goal is to create an open source software application that provides everything that a small business might need in a call center. Services include instant messaging, land-line calling, mobile calling, voicemail, customer relationship management (CRM) and more.
While there are other Internet telephone companies out… Continue Reading
Fonality gets $7M more for Internet telephony service for businesses
Fonality, a Los Angeles, Calif. company that provides an open source Internet telephone service for small and medium sized businesses, has raised $7 million in a third round of financing.
Intel Capital led the round, which also included existing investor, Azure Capital Partners.
In a statement, Fonality said it became profitable last year. Fonality’s revenues are growing at ten percent a month, it said. Call volume has grown by 400 percent per year over the past… Continue Reading