Fonality Lands $12M in Financing

Greg Galitzine : Greg Galitzine's VoIP Authority Blog
Greg Galitzine

Fonality Lands $12M in Financing

The first bit of news I saw today was that Fonality had landed $12 million worth of financing from a pair of investors including Draper Fisher Jurveston and Intel Capital. Good for Fonality. Good for open source. Simply put, I think this type of investment underscores the viability of building telecommunications products on open source, and frankly is another tolling of the bell, signaling that the traditional closed approaches are no longer suitable.
 
Fonality's CEO Chris Lyman said in the official press release, that the infusion of funds, "...gives us the freedom to further accelerate our growth and acquisition strategy."
 
I'm curious to see how this plays out.
 
Fonality, who announced they had joined IP phone maker snom's ecosystem this week, will be presenting their trixbox Open Communication Certification Courses at the upcoming INTERNET TELEPHONY Conference & EXPO at the Los Angeles Convention Center on September 16-18.
 
Interested developers and resellers can sign up for FtOCC Admin, which prepares people to sell and install trixbox, or FtOCC Technician which focuses on trixbox support and troubleshooting. Both courses are part of the Fonality trixbox Open Communication Certification (FtOCC, pronounced "F-talk") series.
 


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