Fonality Secures $2,000,000 New Funding Round

  • Feed Type
  • Date
    3/14/2013
  • Company Name
    Fonality
  • Mailing Address
    5800 Granite Pkwy. Plano, TX 75024
  • Company Description
    Fonality believes that a sea change is upon us in these transitory telecom waters. As customers migrate toward IP Telephony, the business phone system is becoming another extension of the business computer system. This process of standardization requires the PBX to interoperate with existing IT infrastructure, expanding its capabilities and responsibilities exponentially. Fonality intends to become the industry leader of this market transition by making the enterprise PBX both affordable and standards-based for the first time ever.
  • Website
    http://www.fonality.com
  • Transaction Type
    Debt
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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