Saturday, May 07, 2005

The New York Times > Technology > Internet Phone Company Raises $200 Million in Venture Capital

The New York Times > Technology > Internet Phone Company Raises $200 Million in Venture Capital: "Vonage, the Internet telephone company, announced yesterday that it had raised $200 million in new private investment, a deal that constitutes one of the largest single rounds of venture capital financing in the last decade.
The size of the deal underscores the confidence of the lead investors, including several major Silicon Valley venture capital firms, that Vonage, a privately held company, can continue to thrive as an Internet telephone provider even as the regional Bell companies and cable providers enter the business."
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