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Vocalocity rings up $3.45M for VoIP business service

June 28th, 2010

VocalocityATLANTA – Vocalocity has closed a third round of financing, raising $3.45 million according to a regulatory filing. The company, which sells hosted PBX VoIP services and infrastructure applications to small businesses, raised $4.1 million in January 2009 and a first round of $8.9 million in 2007.

A typo in our report misstated the first round as $89 million yesterday, drawing a comment from an investor, who said, “I wish…”

Investors include Noro-Moseley Partners, TechOperators, Pittco Capital Partners, Imlay Partners and members of the company’s management team.

Vocalocity presented at the 2010 Southeast Venture Conference sponsored by TechJournal South.

Founded in 2003, Vocalocity  provides subscription, Internet-based business phone systems it says improves the efficiency of small businesses while saving up to 80 percent over traditional phone service.

TechOperators partner Said Moharnmadioun said at the time of a previous financing that Vocalocity’s technology is “A fantastic platform from which to provide a full suite of software-as-a-service applications for the small business market. We see Vocalocity as a way to enable small businesses to compete more effectively. The company has had great success to date.”

Previously on TechJournal South:
Hosted VoIP firm Vocalocity calls up $8M first round

Contact Tech Journal South Editor and writer Allan Maurer: Allan at TechJournalSouth dot com.

 

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

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