Phone.com, Inc. announced that it has closed an investment from ff Venture Capital to propel the company’s goal of increased growth. In conjunction with this commitment, the New Jersey Economic Development Authority (NJEDA) has awarded the company an additional investment, for a total of $2 million.
Phone.com is a cloud-based phone company focused on the needs of small business and entrepreneurs, providing cost-effective solutions to all their business-communication requirements.
The funding from ff Venture Capital and the NJEDA is an infusion of capital, which will be used to power customer acquisition and new technology development at Phone.com. Other investors in the company include San Diego-based hosting company TierraNet and serial entrepreneur Michael Mann.
Founded in 2007, Phone.com has enjoyed year-over-year increases in revenues and customer growth combined with outstanding service; customers praise the company for the number of its innovative, easy-to-use features, overall affordability and responsive and skilled U.S.-based customer service team.
Phone.com was recently recognized by INC500 as one of the fastest growing telecom companies in the United States.
SOURCES – Phone.com, PR Newswire