Telcentris secures up to $40 million in VC funding

SBD Global Fund agrees to pump $5.3 million into UC startup
Tools

Unified communications and VoIP startup Telcentris has signed an agreement with Pepperwood Partners pledging assistance in securing up to $40 million in venture capital funding. As part of that agreement, Pepperwood arranged $5.3 million in funding from new investor SBD Global Fund, an Eastern European private equity firm. Telcentris said it would use the money to expand its VoxOx In Business unified communications suite as well as its consumer-focused VoxOx service. Read more