Thursday, March 13, 2008

Vontoo, the world’s first permission-based voice messaging provider got $2 million in private funding

What Company is Offering:
Vontoo brings the emotion, enthusiasm, and energy of the human voice to one-to-one marketing communication. The world’s first permission-based, on-demand voice messaging system, Vontoo enables organizations to create, send and track voice messages specifically tailored to the recipient’s interests. Vontoo is accessible over an Internet web browser, anytime or anywhere, and can instantly send from one to millions of automated calls to any type of phone. This voice marketing solution serves various markets and is perfect for customers in the entertainment marketing, sports marketing, retail, financial, travel and transportation, not-for-profits and political organizations.

How Much They Got From VCs:
Vontoo, the world’s first permission-based voice messaging provider, announces it received nearly $2 million in private funding as a result of its customer base growing 1,000 percent in 2007 with quarter-to-quarter overall growth more than doubling during that time period.

How This Company Is Progressing:

The company sky-rocketed from 60 customers in the beginning of 2007 to 600 at year’s end. Already in first quarter 2008, Vontoo has grown to a customer base of nearly 800. Customers include organizations in the banking and financial, entertainment, retail and sports marketing industries. Some of the many new customers this year include the Portland Trailblazers, Keith Urban and Buddy’s Home Furnishings.

What VCs Says About Company:
“EDF Ventures sees a great opportunity in what Vontoo has to offer the voice messaging space,” said Campbell. “We are truly excited to be a part of such a rapidly growing organization that is the leading provider of voice messaging services.”

Campbell has solid experience assisting companies with growth, acquisition and taking companies public.


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