Intel Capital leads $7 M round for Fonality

by Guest Editor - Feb. 07, 2007Comments (0) | Trackback URL

Original Post authored by Paul Kapustka on 2/7/2007 on GigaOM

Open source IP PBX vendor Fonality has a little more cash in the kitty, thanks to an $7 million investment round led from the kind folks at Intel Capital. Why does a chip company want to push VoIP? To spur more PC platform sales to SMB, Intel tells BusinessWeek. Azure Capital, which had invested $5 million in Fonality in January of 2006, is also part of the latest round.


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