Sonian raises $5.6M to store employee communication, ease compliance

Sonian, a provider of hosting services for companies looking to store their employees’ communications, has brought in $5.6 million in a first round of funding from Prism VentureWorks and Summerhill Venture Partners. About $1.3 million of the money came from undisclosed individual investors.

The company… Continue Reading

Sylantro and BroadSoft merge to form VoIP powerhouse

Sylantro and BroadSoft merge to form VoIP powerhouse

The voice-over-internet-protocol space just got less crowded. Big name BroadSoft has just acquired long-time competitor Sylantro Systems for an undisclosed sum. The merger may portend many to come for VoIP companies in 2009 as the recession encourages further consolidation, industry insiders predict.

BroadSoft and Sylantro are… Continue Reading

Trust Digital raises $14.5M to handle mobile business data

Trust Digital raises $14.5M to handle mobile business data

As more and more people move their work data onto their mobile phones, a company called Trust Digital has raised another $14.5 million to help manage that process.

The Lean, Va. company’s software simplifies the process of authenticating phones, encrypting data and more across multiple smartphones…. Continue Reading

Vantrix, helps publishers deliver video to fragramented mobile market, raises $12M more

Vantrix, a Montreal, Canada company that helps publishers deliver video and other data across multiple handsets via various carriers, said it has raised $12 million in a second round of financing.

An increasing number of companies are focused on the thorny problem of video and audio… Continue Reading