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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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CapLinked Adds $1M, New Investors In Funding Round

socalTECH

The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The company is targeting the software for companies working on asset sales, financing, and mergers. caplinked venture capital investment dealroom virtual document collaboration saas software' READ MORE>>.

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Brickfish Snags Sales Exec From Google

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San Diego-based Brickfish , a developer of social media and networking software being used by brands, reported today that it has hired on a Paul Botto, most recently Head of Analytics for the North American Sales Organization at Google, as its Vice President of Sales. Brickfish is venture backed by DCM, Draper Richards L.P.,

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Interview with Jeb Spencer, TVC Capital

socalTECH

The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. Jeb Spencer: The goal at TVC Capital is to do exactly this. These companies don't traditionally get venture capital.

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Siemer Ventures Backs Ribbon

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Los Angeles-based Siemer Ventures , the venture capital arm of investment bank Siemer & Associates, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. in a seed funding round. in a seed funding round.

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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.