Jaxtr Raises $10M, Out of Network Calling

jaxtr_logo.jpgJaxtr introduces the freedom for members to call anyone in the world on their mobile phone without the worry of a huge bill, the hassle of calling cards, or downloading software to their mobile phone. In addition to the ability to make free in-network calls, jaxtr members can now call anyone in the world from their mobile phone for substantially less than the rates charged by most calling cards. In addition, members can make calls with the convenience of direct-dial numbers, which eliminate the hassle of access and PIN numbers required by calling cards. Jaxtr is currently used by more than 10 million users in 220 countries.

$10 Million Series B: Jaxtr also announces the completion of $10 million in Series B financing, a round led by new investor Lehman Brothers Venture Partners. “Jaxtr’s market potential is extraordinarily large as the company is able to acquire millions of customers per month without spending any money on marketing. And it succeeded in monetizing its offering within 16 months of launch through two revenue streams, first advertising and now premium services,” said Ben Boyer, partner at Lehman Brothers.

More Powerful Jax Credits: In jaxtr 1.5, members can now use their credits, called “jax,” to call non-members. And when members run out of jax, they can now purchase more in order to meet all of their international calling needs. Since the company has grown to over 10 million users purely by word of mouth and enjoys a healthy advertising revenue stream, jaxtr can profitably offer the best rates in the business:
  • Canada: 1 jax/minute ($.01)
  • China: 1 jax/minute ($.01)
  • India: 6 jax/minute ($.06)
  • United Kingdom: 1 jax/minute ($.01)
  • United States: 1 jax/minute ($.01)
New Premium Memberships: Active members will now have the opportunity to earn access to new premium features, such as customizable contact pages, enhanced digital voicemail features and higher allotments of free international SMS per month. Additionally, active members will continue to receive free jax, which now can be used to call any number worldwide.

The Jaxtr Difference: Jaxtr helps users’ link their phones to the Web to connect with friends worldwide, control their calls and talk at great low rates from any phone. With a personalized jaxtr link, members enjoy many benefits:
  • Community: Meet new people online, with whom you can actually talk, in café jaxtr.
  • Cost Savings: Bypass expensive international phone charges and send free international SMS.
  • Control: Forward in-bound calls to any phone, get PrivacyShieldTM to keep your number private and a global voicemail box online.
  • Convenience: Place a call from any mobile or landline phone. No need to download software to your mobile phone or to have an Internet connection to make a call.

Posted on Jun 24, 2008  Reviews | Share |  Digg
Filed in:
All comments require the approval of the site owner before being displayed.

Post a Comment

Please use a valid e-mail address. Your address will not be publicly visible and is only a means for us to contact you when asked. Thank you.

(will show your gravatar icon)
Home page

Comment (Some html is allowed: )  

Enter the code shown (prevents robots):

  All brand, company, and product names are trademarks or registered trademarks of their
  respective owners. © 2012 VoIP Monitor. All rights reserved. Privacy Policy  Terms