Tuesday, March 4, 2008

Holly Connects, a leader in next-generation infrastructure for telephony and speech solutions got VCs Funding

What Company Is Offering:
Holly Connects is next generation voice platforms for enterprises, carriers and hosted service providers. Following strict adherence to industry standards such as VoiceXML and VoIP the Holly Voice Platform is a leading visionary in Gartner Group’s Magic Quadrant for IVR and Enterprise Voice Portals in 2008. It was also named Next Generation IVR platform leader by Frost & Sullivan and is the only independent platform running large, complex customer deployments world-wide. Holly has deployed thousands of ports and hundreds of applications across six continents into major customer sites including Vodafone, Telstra, and US Airways. Holly customers benefit from strong multi-tenancy features, sophisticated reporting and industry leading speech recognition logging and call recording.

How Much They Got From VCs:
Holly Connects, a leader in next-generation infrastructure for telephony and speech solutions to carriers, hosted service providers and large enterprises, announced it has completed a major investment by leading venture capital firm, Starfish Ventures, a deal which will fast track the company’s strategic plans to further pursue growth through international expansion.

The investment by Starfish Ventures, a specialist in technology companies, sees the buyout of Holly’s original investors as well as providing additional growth capital to the Company.

About VCs:
Starfish Ventures is a leading Australian venture capital fund manager committed to building innovative global technology companies. Based on over 80 years of collective venture capital investing, entrepreneurship and technology experience, we understand the challenges of seeding, building and managing high growth technology businesses from an Australian base. Starfish Ventures currently manages over $350 million in investment funds and has made investments in 29 companies to date. These funds are available for investment in technology businesses that possess outstanding management teams, are commercializing innovative technology and are capable of becoming a global or regional market leader. The team's track record includes Australian technology success stories ResMed, Moldflow, Engana and Sirtex Medical.

More at www.starfishvc.com.

More at:www.holly-connects.com

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