Sunday, July 15, 2007

Sun Rocket Apparently Shutting Down

SunRocket, a U.S.-based provider of consumer VoIP services, laid off all of its customer service representatives amid a shut-down of commercial operations, according to media sources and blog postings. Calls to the company are not being returned, although the service is still running as of Monday, 16-July-2007.

SunRocket serves an estimated 200,000 residential VoIP subscribers and is known for its pre-paid annual plan -- unlimited VoIP calling to U.S. and Canadian numbers for $199.

  • In August 2006, SunRocket secured $33 million for its Series C round of institutional financing, bringing the firm's total venture capital raised to approximately $80 million. The Series C includes participation from all of SunRocket's existing investors: BlueRun Ventures, Mayfield Fund, DCM and Anthem Capital Management.

  • Nokia Venture Partners was among the early investors in SunRocket.

See also