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Vonage VoIP Forum: Vonage In Print News

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[ Go To: Vonage Forum | Latest Vonage News ]

 Squawk Box

Vonage In Print News

November 24, 2003

MARK HAINES, co-anchor:

The buzz today is all about wireless portability, one could
argue the Internet is netting some big gains in the phone
business. Voice-over Internet Protocol, VoIP is gaining
ground. The Baby Bells are jumping into the game, all
wanting to compete in the space with start-up firms like
Vonage. For as little as 35 bucks a month, you can call
anywhere in North America for no additional charge. It is
not free, because you are paying $35 a month.

 Posted by Vonage on Monday, November 24 @ 17:59:16 EST
 (3382 reads)
Read More: Squawk Box

 Vonage Closes $35 Million In Financing

Vonage In Print News

November 24, 2003
By Staff

Internet-based phone company Vonage Holdings Corp. said on Monday that it has closed a $35 million financing round led by New Enterprise Associates.

The money will be used to expand the Edison, N.J., company's service, enhance marketing programs and develop new offerings. NEA is investing $12 million in Vonage as part of the financing, and NEA partner Harry Weller will join the company's board of directors.

 Posted by Vonage on Monday, November 24 @ 17:58:29 EST
 (977 reads)
Read More: Vonage Closes $35 Million In Financing

 Vonage Gets New Financing

Vonage In Print News

Vonage Gets New Financing

November 24, 2003

By Staff

Broadband phone service provider Vonage today announced the closing of a $35.0 million financing round led by New Enterprise Associates (NEA).

 Posted by Vonage on Monday, November 24 @ 17:57:35 EST
 (1040 reads)
Read More: Vonage Gets New Financing

 Vonage Raises $35M

Vonage In Print News

Vonage Raises $35M

November 24, 2003

By Ray Le Maistre

VOIP service provider Vonage Holdings Corp. announced a $35 million funding round today, led by New Enterprise Associates (NEA) $12 million contribution.

The new funding, which takes the company's total to $65.3 million, also includes contributions from senior management, though no other details are available as yet.

 Posted by Vonage on Monday, November 24 @ 17:56:48 EST
 (973 reads)
Read More: Vonage Raises $35M

 Vonage Gets Additional Financing

Vonage In Print News


November 24, 2003

By Staff

VoIP startup Vonage, which has garnered loads of attention in recent months with its aggressive rollout of voice over IP services to residential and small business users, has closed a $35 million financing round led by New Enterprise Associates (NEA).
November 24, 2003


 Posted by Vonage on Monday, November 24 @ 17:55:58 EST
 (981 reads)
Read More: Vonage Gets Additional Financing

 NEA Invests In Jersey Broadband Firm

Vonage In Print News

NEA Invests In Jersey Broadband Firm

November 24, 2003

By Staff

Baltimore-based venture capital firm New Enterprise Associates announced Monday that it has invested $12 million in New Jersey broadband phone service company Vonage as part of a $35 million financing.

Vonage will use proceeds from the financing to expand, enhance marketing programs and develop new products. The Edison, N.J.-based company's service allows residential and small business customers to make and receive calls using an existing high-speed Internet connection.

 Posted by Vonage on Monday, November 24 @ 17:54:54 EST
 (1012 reads)
Read More: NEA Invests In Jersey Broadband Firm

 Vonage Gets Additional Financing

Vonage In Print News

November 24, 2003

By Staff

Vonage Gets Additional Financing Posted on: 11/24/2003
VoIP startup Vonage, which has garnered loads of attention in recent months with its aggressive rollout of voice over IP services to residential and small business users, has closed a $35 million financing round led by New Enterprise Associates (NEA).

 Posted by Vonage on Monday, November 24 @ 17:54:03 EST
 (957 reads)
Read More: Vonage Gets Additional Financing

 New Enterprise Associates Invests $12 Million In Vonage

Vonage In Print News

November 24, 2003

By Staff

Virginia's New Enterprise Associates, a venture capital firm that invests in information technology and health care companies, said Monday it has invested $12 million in Edison-based Vonage, as part of a $35 million financing.

Vonage, a provider of broadband phone service, will use the proceeds for expansion, enhancement of marketing programs and development of new product offerings. Principia Capital Group served as financial advisor to Vonage in this transaction.

 Posted by Vonage on Monday, November 24 @ 17:53:11 EST
 (1047 reads)
Read More: New Enterprise Associates Invests $12 Million In Vonage

 More Cash For Vonage

Vonage In Print News

November 24, 2003
By Staff

Voice-over-Internet-protocol provider Vonage Holdings Corp. said Monday that it closed a $35 million financing round led by New Enterprise Associates.

Proceeds will help the company to build out its service, enhance marketing programs and develop new offerings.

The VoIP company counts 75,000 subscribers, with about 65% riding on top of cable modems and 35% on digital-subscriber-line modems.

 Posted by Vonage on Monday, November 24 @ 17:49:41 EST
 (1001 reads)
Read More: More Cash For Vonage

 Vonage Pushes Into Canada: Internet Phone Service

Vonage In Print News


November 24, 2003
By Mark Evans

Armed with new financing, U.S. telecom pioneer Vonage Holdings Corp. plans to launch an aggressive international expansion strategy by offering its Internet-based voice service in Canada within the next month -- a move that could shake up the competitive landscape north of the border.

Jeffrey Citron, Vonage's chairman and chief executive, said that an announcement about a Canadian partner -- likely a cable company or a competitive local exchange carrier such as Allstream Inc. or Call-Net Enterprises Inc. -- will be made soon.

 Posted by Vonage on Monday, November 24 @ 17:49:03 EST
 (1164 reads)
Read More: Vonage Pushes Into Canada: Internet Phone Service

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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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