IVR and VoIP provider Voxeo has raised $9 million in funding from North Atlantic Capital and the Florida Growth Fund. Voxeo develops technologies in unlocked communications, including VoIP platforms, Interactive Voice Response, text and instant messaging, and unified communications.
The startup has made numerous acquisitions over the past year, buying Motorola’s Motorola’s VoiceXML browser business, IM platform developer IMified, application server Voiceobjects, and VoIP platform Micromethod. Voxeo says that the new funds will be used to make additional acquisitions ad well as further internal development of technologies.
It’s not surprising that Voxeo has been able to secure a large amount of funding. The startup has seen 1000 percent revenue growth over the past five years. And while Voxeo has steadily growing, the startup has flown under the radar since its founding in 2000. The company, which claims it serves half of the Fortune 100, but doesn’t publish a list of customers.
33r3r
Probably the best logo I have ever seen for a VoIP/telephony company! (Very cool old school phone handset pattern in the middle.)
so by end of 2009 we’re going to have 29,291 companies dealing with voip ? wooohoo that’s exciting and very much promising. hoot
This is not a startup, they’ve been around for 10 years and make over $20M a year in rev so what is $9M going to do? You can’t buy innovation.
Wow so they’ve raised more than $50 million dollars in total now?
http://www.techjournalsouth.com/news/article.html?item_id=8414
Florida Growth Fund, which you suspiciously don’t link to here – is government money: http://www.floridagrowthfund.com/
great company btw.
Congrats to JT and RJ. Voxeo is truly a leader in this space and I am sure that they will do some great things with the extra $9 million.
Congrats to the Voxeo guys! They are truly a top notch group!
Agreed. I’ve used Voxeo as a voice dev platform for years. Top knotch crew, very supportive. Congrats all around. — Mark
Congrats to Voxeo!