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Vonage Customer Reviews
Salt Lake City: impressions after several months
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Review: My First Day With Vonage, Excellent!
Review: My First Day With Vonage, Excellent!



Great Price, No Complaints
Great Price, No Complaints



You need some common sense.
You need some common sense.



Vonage Customer Review: One month with Vonage, and...
Vonage Customer Review: One month with Vonage, and...




Vonage Reviews

Vonage $35m Funding Signals Arrival Of VoIP


Vonage In Print News

November 25, 2003

By Staff

Vonage Inc, an Edison, New Jersey-based provider of internet phone calls via cable lines, has raised $35m in a Series B round of funding, a sign that VCs are starting to take the concept of Voip very seriously.

The funding round was led by New Enterprise Associates (NEA), with participation from Vonage's senior management. The company plans to add additional area codes to its areas of service, and anticipates expanding globally, first to Canada, and later next year into Europe.

Chief financial officer John Rego said he expects the company to become profitable by mid-2004. He revealed that NEA has substantial ownership of the company, but not a majority. Vonage has now raised a total of $65m, but its largest individual investor remains Jeffrey Citron, founder of computerized stock traders The Island ECN, which was purchased by Instinet for $500m.

The investment is further sign of the growing importance of VoIP, a technology for making phone calls using the Internet Protocol, the world's most popular method for sending data from one computer to another. Voip requires a network connection and a PC with a speaker and a microphone, or a device to convert a telephone's analog signal into IP and vice versa.

After years of over-promising and under-delivering, Voip is generating significant interest among telecom carriers, corporations and consumers, thanks to significant improvements in quality of service, and a big uptake in Japan. Vonage has approximately 71,000 subscribers.



 
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†AK and HI residents pay $29.95 shipping. ††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.

1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.

2Shipping and activation fees waived with 1-year agreement. An Early Termination Fee (with periodic pro-rated reductions) applies if service is terminated before the end of the first 12 months. Additional restrictions may apply. See Terms of Service for details.

HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See www.vonage.com/911 for details.

** Certain call types excluded.

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