Vonage IPO plans on the shelf?

Is Vonage’s much talked about IPO being postponed as company goes out and raises more cash. Jonathan Askin who works for Pulver.com was speaking at a panel here in San Francisco yesterday at the NCTA show. Light Reading: “I’m hearing that Vonage is now thinking of postponing its IPO and getting a hundred million dollars more to use in its marketing campaign.” ‘That’s not true,” Vonage’s VP of corporate communications, Brooke Schulz, told Light Reading and pointed out that its recent financing round “is intended to take us through to profitability.”

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