FaceTime, provider of messaging control software, raises $15.6M

FaceTime Communications, a Foster City, Calif. provider of software that provides security control over communications within businesses, said it has raised $15.6 million in financing.

Here’s the statement,

The investment was led by the Credit Suisse NEXT II Fund, and included existing investors Sutter Hill Ventures, JK&B Capital and Scale Venture Partners.

The company’s product offers control over things like peer-to-peer, instant messaging and voice-over Internet protocol applications. Research firm IDC named FaceTime the market share leader among… Continue Reading