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Fonality: Rapid Growth, Doubling In Sales

socalTECH

Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.

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Fonliaty: Rapid Growth, Doubling In Sales

socalTECH

Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.

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MomentFeed Names Tech Veteran Nick Hedges As CEO

socalTECH

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier.

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MomentFeed Adds $16.3M

socalTECH

Santa Monica-based MomentFeed , which develops software that helps multi-location, retailers and brands better understand and interact with customers, has raised $16.3M The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus and DFJ Frontier. in new funding, the company said this morning.

Draper 113
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Fonality Hits One Billion Cloud Calls

socalTECH

Culver City-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4. Fonality is backed by Draper Fisher Jurvetson, Intel Capital, and Azure Capital Partners, and is headed by Chris Lyman.

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Fonality Claims Growth, Cash Flow

socalTECH

Culver City-based Fonality , a developer of commercial PBX phone systems based on open source software, is trumpeting "strong financial results" today, claiming that it was cash flow positive in March and has seen a 102 percent annual growth rate. The firm did not, however, disclose actual financials or details on its growth.

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CapLinked Announces New Investors, Signs Up New Clients & Builds New Features

Tech Zulu Event

Jackson said, “We’re using the proceeds from our financing round to invest in our technology, build new features, and increase sales and support.”. Jackson and Christopher Grey, CapLinked empowers its clients to manage complex business transactions such as mergers & acquisitions, financings, asset sales, and investor reporting.

Draper 68