VoIP Service Jajah Gets $20 Million in Funding

JAJAH has received funding from Intel Capital. Intel Capital has invested an undisclosed amount as the lead investor in JAJAH's Series C round. The funds will be used to accelerate the development of next generation communication solutions on a global scale.

Additionally, a business agreement was made with Intel Corporation that includes business and marketing components. Intel will provide JAJAH access to their extensive community of product dealers, OEM customers and developers, to further their reach into global development communities. As an Intel Capital portfolio company, Jajah will also be able to participate in Intel Capital's IP Access Program, which will give Jajah access to Intel's extensive VoIP patent portfolio.

"This investment fits with Intel's product initiatives and our global communication strategy," said Stephen Saltzman, director of strategic investments, Intel Capital. "Innovative technologies in this space, such as JAJAH's, are creating new ways of communicating that can improve productivity and collaboration, as well as lower telephony costs."

"Intel Capital is an investor we were looking for," said Trevor Healy, JAJAH CEO. "Our shared vision combined with their extensive relationships with product dealers, software developers, as well as their resources and technology, makes this a significant development for both companies and our industry. We couldn't be more pleased and look forward to the obvious opportunities this represents."

"The deeper JAJAH can be embedded into Intel solutions, the better for customers everywhere," said Roman Scharf, JAJAH co-founder. "It is our intention to bring a best-of-class, next generation solution to the market which can be embedded and optimized for any computing device."

"Our vision is to lead the way into the next generation of communication," said Daniel Mattes, JAJAH co-founder and chief architect. "All voice communication will soon be IP-based. The lines between computers and phones are gradually being removed. Phones are quickly turning into computers and computers are quickly turning into phones. We need to marry phones and computers in a fundamental way."

Posted on May 10, 2007  Reviews | Share |  Digg
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