SinglePipe calls up $5M for VoIP services

SinglePipe Communications, provider of voice over internet protocol (VoIP) services, says it brought in $5.1 million in second-round funding from Chrysalis Ventures, Kentucky Science and Technology Corp. and Meritus Ventures. The Louisville, Ky. company sells its goods directly to cable operators, about 50 in all.

The crowded VoIP space has seen a lot of consolidation lately. Companies like Jajah, Jaxtr and Mig33 are still standing, but rivals Yoomba and Jangl, among others, have been pushed out…. Continue Reading