VCs apparently like VoIp


Venture Capital Journal: Venture capitalists have dramatically ramped up their VoIP investments this year, putting more money to work than they did in the previous two years combined. As of Nov. 10, they plunked down $355 million for 18 companies. The most active investor in the space this year has been 3i Group, which put money into three VoIP-related deals: Kineto Wireless Inc., Sonim Technoligies Inc. and Vonage Holdings Corp. Another five firms have done two deals each in 2004: Accel Partners, BCE Capital, Enterprise Partners Venture Capital and Storm Ventures.” Notable absentees from this market – A-list venture funds. Apparently they learnt not to mess with the Cisco Kid.

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