Wednesday, August 8, 2007

T-Systems Invests in LiteScape for Unified Communications

T-Systems Venture Fund has invested in LiteScape Technologies, a developer of Unified Communications applications.



LiteScape's flagship product, OnCast, provides voice, conferencing, broadcasting, collaboration capabilities between IP phones, PCs and mobile devices. It integrates IP telephony systems with business applications from leading vendors including Cisco, WebEx, Asterisk, Avaya, IBM/Lotus, Microsoft, Polycom and Salesforce.com.



The funding round was led by Vedanta Capital. LiteScape's existing investors - Softbank Capital, TeleSoft Partners, and Blumberg Capital - also participated in the round.



LiteScape secured approximately $14 million in Series B funding. In addition, former AT&T executive and co-founder of Vedanta Capital, Alessandro Piol, has joined LiteScape's Board of Directors.

http://www.litescape.com

http://www.t-venture.de/

  • LiteScape Technologies is based in Redwood Shores, California.

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