Wednesday, January 11, 2006

Aptela Raises $5 Million for Hosted VoIP Service

Aptela, a start-up based in McLean, Virginia, raised $5 million in venture funding for its hosted business communications service. Aptela sells its own branded Aptela service, provides white label solutions for partners and works closely with a select group of telecom- and IT-focused resellers.

JMI Equity, a private equity firm exclusively focused on investments in the software and business services industries, led the investment. JMI and the other Series A investors have an option to invest up to an additional $3 million in Aptela.

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