Thursday, August 24, 2006

SunRocket Raises $33 Million for Consumer VoIP Service

SunRocket, a provider of consumer VoIP service, secured $33 million for its Series C round of institutional financing, bringing the firm's total venture capital raised to approximately $80 million.

The company said it has nearly tripled its subscriber base in 2006, although subscriber numbers were not disclosed.

SunRocket plans to use the money "to accelerate product and feature development, penetrate strategic new sales channels, and enhance the overall customer experience."

A new customer care center opened in Springfield, Missouri earlier this month and will employ as many as 500 workers by the end of the year.

The Series C includes participation from all of SunRocket's existing investors: BlueRun Ventures, Mayfield Fund, DCM and Anthem Capital Management.

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