Monday, October 15, 2007

Montreal Money.

Hats off to another Canadian-based Voice 2.0 round of financing, announced earlier this week.

Mobivox - formerly VoxLib - is based in Montreal and hence, close to my heart. Montreal has long been a hub for start-up and established telecom firms alike. Canadian trivia: Nortel used to be owned by Bell Canada, headquartered in Montreal.

Mobivox makes it easy to access your Skype account from anywhere including your cell phone and enjoy all Skype has to offer from afar. It employs a slick speech-activated platform to ease the process.

Two other noteworthy bits on the Mobivox raise:

1. It tells us that when done right, meaning with a dead simple interface, free calling still has significant appeal in markets where calls are still perceived as a cost center for people;

2. The raise is led by IDG Ventures out of Boston. Having done it myself more than once, I know how difficult it can be for Quebec based firms to close rounds led by US VC's. Someone did something right.

Bon Courage to everyone there, including all the LocusDialog alumni.

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