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Fonality Gets More Funding

Fonality just received a $12 million financing round by Draper Fisher Jurvetson Growth Fund. This is a powerful statement by this top fund that they really beleive in the open source communications story and to be quite honest, it is tough to disagree that this is a great space to be in as most every vendor in the space is doing well.

I have covered Fonality before -- the company makes quality PBX products and I have had a chance to test the Trixbox PBX for a number of months and remain impressed.

Getting back to Draper -- the fund has had some great investments including Hotmail, Baidu, Focus Media (advertising in China), Skype, Overture, Divx and many others. Some of the lesser known, current investments include Jobfox in the recruitment space, Kajeet -- in mobile services and Visto in wireless email.

But getting back to Fonality, the company has employed an interesting twist in the communications space as their PBX has taken some of the best parts of open-source and fused this with a hosted model -- allowing for example the recording of phone calls on Fonality servers which do not reside in your office.

fonality-hybrid-hosted.jpg

At this point it should be obvious the open source communications market remains one of the most exciting spaces in telecom.

If you are interested in the open source market be sure to come to ITEXPO in two weeks in Los Angeles where you will see all the open-source leaders such as Digium/Asterisk, Pika, Sangoma and of course Fonality. You can also take advantage of Fonality/Trixbox certifications which will be held at the show.

See Also: trixbox Pro 2.0 review
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