By Allan Maurer
ORLANDO, FL – Voxeo Corp. has raised $4.5 million in equity from a single investor according to a regulatory filing. The company sells interactive voice response (IVR) or VoIP platforms and services. The profitable business has posted 100 percent year-over-year growth since 1999.
The company revealed the new funding in a filing with the U.S. Securities and Exchange Commission.
The company says its hosting and premise platform solutions, and developer services – powered by VoiceXML and CCXML – are used by over 45,000 customers and 100,000 developers to create and deploy any telephone application they desire.
According to its Web site, Voxeo has invested over $50 million in infrastructure, technology, and programs to deliver versatile, standards-based platforms and hosting solutions for IVR and VoIP telephone applications.
IVR applications allow users to retrieve information such as bank balances, flight schedules, and movie show times from any telephone.
Voxeo offers a solution that overcomes previous limitations of the technology and replaces aging, proprietary IVR boxes and applications with simple, usable, voice-driven, VoiceXML and CCXML-powered IVR platforms, hosting services, and developer solutions.
The company acquired Motorola’s OEM VoiceXML browser business, including full and exclusive rights to Motorola’s VoxGateway VoiceXML browser earlier in October.
It acquired IMified, the world’s largest hosted instant messaging application development and deployment platform in May.
IMified offers a hosted platform that enables the delivery of automated Instant Messaging (IM) services–also known as IM agents or IM bots–that work with leading instant messaging platforms from AOL, Cisco/Jabber, Google, Microsoft, and Yahoo.
In December last year, it acquired Germany’s VoiceObjects, the world’s leading provider of self-service application development and analytics solutions.
The company has won a number of awards, including being named to the Top ten best places to work in Florida, hte 2007 product of the year award from Communications Solutions, and the Frost & Sullivan Product Innovation Award.
It has received media attention from TechCrunch, InfoWorld, eComm, Fierce VoIP, and Red Herring, among other outlets.
Online: www.voxeo.com
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