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Vonage Plans Massive UK Marketing Campaign |
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US Broadband Giant Bids For Mainstream UK Reach
May 6, 2005
By Richard Cann
Vonage, North America's biggest broadband communications company, is employing a mass-market media strategy as it launches into UK high-street chains.
Vonage's broadband-delivered telephone service has been available to UK consumers since January, but the US firm is currently in negotiations with high-street consumer electronics chains to establish a retail presence by June.
It will aim to gain coverage outside the technology pages of the nationals and consumer lifestyle media, to reach a broader audience.
'This is not a product for geeks. It's a product for the general domestic market. It's a consumer product, not a computer product,' said Roger Nelson, joint MD of Nelson Bostock, which has been hired to handle PR for Vonage's entry into the UK.
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Posted by Vonage on Monday, May 09 @ 18:30:00 UTC
(2153 reads)
Read More: Vonage Plans Massive UK Marketing Campaign
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Vonage Helps To Revive The Rocketeens "Woo Hoo" Song |
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What is in The Great American Songbook?
May 6, 2005
By Jan Souther
Every so often, one of the major artists will issue an album titled (in this case), "Ella Fitzgerald sings the Great American Songbook." Those of us who have been around a while don't need to know what's in it. We don't even need to know what the great American songbook is. It's the several hundred songs that are still around, from the moment they made their debut in, most likely, a Broadway show or a Hollywood movie. Think of, "In the Still of the Night," as one example. "I'm Beginning To See The Light," as another.
You get the idea. The great songs that never lose their brilliance, that are never far from our ears. These are the songs we write about here when we do a column about commercials and the music that's used to underscore them: "Blue Skies," "As Times Goes By," "It Had To Be You," and "The Nearness of You."
But, now that I think of it, Vonage is using one of the great favorites of my later teen years, "Woo Hoo," originally performed by a Swedish band, the Rocketeens.
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Posted by Vonage on Monday, May 09 @ 18:08:53 UTC
(7671 reads)
Read More: Vonage Helps To Revive The Rocketeens "Woo Hoo" Song
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Vonage Raises $200M |
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Vonage Raises $200M
May 9, 2005
By Justin Hibbard
In March, Deal Flow told you that privately held broadband phone company Vonage Holdings Corp. was raising $100 million in its fifth round of funding. Turns out the company managed to raise twice that amount. Tomorrow, Vonage will close a $200 million round led by Bain Capital with participation from the company's management and previous investors 3i Group, New Enterprise Associates, Meritech Capital, and Institutional Venture Partners.
That's the largest VC funding on record this year, according to researcher VentureOne. A source says Vonage is valued at approximately $1.1 billion after the financing. (Vonage wouldn't comment on valuation.)
Including the new round, Vonage has raised about $410 million since it was founded in 2001. Just nine months ago, it closed a $105 million round, much of which is still in the bank, says CFO John Rego. Why raise more? "Growth, growth, and more growth," Rego says.
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Posted by Vonage on Monday, May 09 @ 00:32:52 UTC
(1713 reads)
Read More: Vonage Raises $200M
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Vonage Raises $200M In Venture Capital |
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Vonage Raises $200M In Venture Capital
May 6, 2005
By Staff
Vonage Holdings Corp. said Thursday it has raised $200 million in a late-stage round of venture capital, helping strengthen the company in its bid to lead the market for voice-over-Internet telephone services.
It was the largest venture capital investment this year and made Vonage one of the most heavily venture-backed companies around.
Vonage, which is based in Edison, has now raised more than $400 million in funding, and the latest capital infusion comes just nine months after the company raised $105 million in a round led by New Enterprise Associates, which is based in Menlo Park, Calif.
This time Boston venture capital firm Bain Capital Inc. joined Vonage's group of investors, leading the round from its $250 million venture capital fund. Earlier investors New Enterprise Associates, 3i Corp., Meritech Capital Partners and Institutional Venture Partners also participated.
The round will help the Internet telephony company expand. After launching in Canada last spring and in Britain just three months ago, Vonage is making Asia Pacific its next target.
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Posted by Vonage on Monday, May 09 @ 00:20:05 UTC
(1477 reads)
Read More: Vonage Raises $200M In Venture Capital
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Vonage Adds $200M To The VoIP Market Leaders War Chest |
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Vonage Raises $200 Million
May 6, 2005
By Staff
Vonage Holdings Corp. said it raised $200 million in a late-stage round of venture capital, an investment that gives the company some ammunition in its bid to lead the market for voice-over-Internet telephone services.
Vonage , based in Edison, N.J., has now raised more than $400 million in funding. Boston venture-capital firm Bain Capital Inc. led the current round, which will help the pure-play VOIP provider to expand further in the U.S.
While Vonage has established itself as one of the largest players in the market, it faces stiff competition from big carriers and cable operators hoping to stake their own claims.
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Posted by Vonage on Sunday, May 08 @ 00:40:00 UTC
(1669 reads)
Read More: Vonage Adds $200M To The VoIP Market Leaders War Chest
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Vonage E911 For VoIP Users Is Moving Forward |
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911 Help May Be On Way For VoIP Users
May 6, 2005
By Paul Davidson
A big shortcoming of most Internet-based phone services — the lack of full-featured 911 service — is expected to be remedied this year as providers, regulators and local phone companies quickly coalesce to resolve the growing public-safety hazard.
Federal Communications Commission Chairman Kevin Martin is recommending that Net-based phone companies be required to offer the full-featured service, called Enhanced 911, or E-911, by fall, three FCC officials told USA TODAY.
Commissioners are expected to approve the proposals later this month.
At the same time, after a two-year stalemate, the regional Bells are agreeing to provide Internet phone companies access to their E-911 systems to help them offer the emergency service.
The flurry of activity comes amid cries for action by Congress after several high-profile incidents in which customers of the so-called Voice-over-Internet-Protocol services could not reach 911 operators. As a result, several states are suing, or considering suing, the No. 1 VoIP provider, Vonage.
Low-priced VoIP services allow voice calls to travel over broadband lines. About 1.5 million VoIP customers get their service from cable companies that provide E-911, research firm IDC says.
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Posted by Vonage on Sunday, May 08 @ 00:20:00 UTC
(1446 reads)
Read More: Vonage E911 For VoIP Users Is Moving Forward
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Vonage To Inject $200M Into VoIP Market |
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Vonage Raises $200M In Bid To Capture VOIP Market
May 5, 2005
By Erica Davis
EDISON, N.J. -- Vonage Holdings Corp. said Thursday it has raised $200 million in a late-stage round of venture capital, a gutsy investment that gives the company some serious ammo in its bid to lead the market for voice-over-Internet telephone services.
The Series E round, the largest venture capital investment this year, makes Vonage one of the most heavily venture-backed companies around. Edison, N.J.-based Vonage has now raised more than $400 million in funding, and the latest capital infusion comes just nine months after the company raised $105 million in its Series D round, led by Menlo Park, Calif.-based firm New Enterprise Associates.
This time Boston venture capital firm Bain Capital Inc. joined Vonage 's group of investors, leading the round from its $250 million venture capital fund. Existing investors New Enterprise Associates, 3i Corp., Meritech Capital Partners and Institutional Venture Partners also participated.
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Posted by Vonage on Sunday, May 08 @ 00:00:00 UTC
(2847 reads)
Read More: Vonage To Inject $200M Into VoIP Market
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Vonage Raising $200M In Private Securities |
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Vonage Holdings Corp., The Internet Telephone Company, Will Raise $200 Million In Funding Through A Private Sale Of Securities
May 5, 2005
By Staff
WASHINGTON (Reuters) - Vonage Holdings Corp., the Internet telephone company, will raise $200 million in funding through a private sale of securities, according to a filing with U.S. market regulators.
Vonage, which has about 500,000 Internet telephone lines, will sell the convertible securities to 22 investors, the U.S. Securities and Exchange Commission filing said.
The sale brings the total venture capital raised by privately-held Vonage to $408 million. In March, Vonage said it had about $100 million on hand. By renting network resources, Vonage has kept its capital costs low, spending much of its free cash flow on marketing to attract new users.
The company declined to comment on the filing.
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Posted by Vonage on Saturday, May 07 @ 00:30:00 UTC
(875 reads)
Read More: Vonage Raising $200M In Private Securities
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Vonage Files With SEC; Analysts Speculate IPO In 2005 |
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The VoIP Provider Files With The SEC For A Private Sale Of Securities
May 5, 2005
By Katie Fehnrenbacher and Reuters
Vonage will raise $200 million by privately selling securities to 22 investors, according to a filing with the U.S. Securities and Exchange Commission.
The recent funds will bring Vonage’s total funding to $408 million and help the company continue to add customers to its 600,000-subscriber base.
The Internet phone company is the largest independent VoIP provider, and has been adding subscribers at a heated rate.
With less resources than giants in the cable and telecommunications industries, the company has been beating out companies like Comcast and Verizon to offer VoIP services.
Because Vonage doesn’t own networks and rents access, capital costs are low, and the company can spend heavily on marketing. Vonage spends anywhere from $150 to $200 in marketing costs to acquire each customer, bringing the current total cash to create the brand to $120 million.
The company has also been investing in enabling access to emergency services and has recently begun to make deals with RBOCs like Verizon and Bell South. Vonage says it intends to spend $10 million to get emergency service access up and running, along with $1 million per month to keep the services operating.
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Posted by Vonage on Saturday, May 07 @ 00:00:00 UTC
(793 reads)
Read More: Vonage Files With SEC; Analysts Speculate IPO In 2005
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Vonage Signs With Verizon For VoIP E 911 |
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Vonage Contracts Verizon For E9-1-1 Service
May 4, 2005
By Staff
Verizon is the first ILEC to work closely with any nomadic VoIP service to ensure emergency calling keeps pace with VoIP technology.
“Verizon is a responsible steward of the E9-1-1 public trust, through their foresight Vonage is able to implement an E9-1-1 solution that will serve all customers,” said Jeffrey A. Citron, Vonage’s CEO. “Unlike other ILECs, Verizon has not recommended Vonage use a CLEC for call delivery, as they recognize the significant limitations of this solution, as it does not accommodate for mobile customers or VoIP users on non-local phone numbers. It is important that all Vonage customers can use this solution, those with native phone numbers and those who chose phone numbers from other areas.”
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Posted by Vonage on Friday, May 06 @ 23:24:41 UTC
(547 reads)
Read More: Vonage Signs With Verizon For VoIP E 911
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