Speakanet receives funding for international expansion  

2004.06.16
The Copenhagen based software house Speakanet has received DKK 15 million in funding from Northzone Ventures for global expansion

The Copenhagen based software house Speakanet has received DKK 15 million (USD 2.4 million) in funding from Northzone Ventures for international expansion. Speakanet develops software based mobile phone switchboard solutions. The mobile phone switchboard enables enterprises to base all their telephony on mobile phones without losing functionalities known from traditional fixed line PBXs (Private Branch Exchange). Speakanet's products are currently sold through mobile network operators Sonofon, Orange and TDC Mobil.

 

Jörgen Bladh, partner in Northzone Ventures says that, "Speakanet offers an attractive and unique solution for mobile operators – a simple way to compete with fixed line telephony solutions in the huge, but still untapped market for small and medium sized enterprises". Northzone Ventures believes that Speakanet has the potential to become a global player. The news is reported by Computerworld online and on Spekanet's website.

 

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