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WTF!? Curse nabs another $25 Million in Funding

wtf imageHey, gamers need great voice calling too, right?

Curse Voice, a VoIP communications platform for gamers announced yesterday that it has raised over $52 million in funding since the release of it’s voice platform. The company launched in 2014.

The platform enables players of some of the biggest games around to chat with fellow gamers: League of Legends, Minecraft, Smite, and Strife, among others. Curse is not the only game in town either; there are several alternatives, including Skype.

Currently Curse has over 1.3 million active users on its proprietary VoIP platform, with the company eyeing over 10 million active users by the end of this year. This pace would allow them to become the leading VoIP platform for gamers.

Say what you want about this specific application, but there’s no doubting that entrepreneurs and the investment community sees promise in voice platforms of all shapes and sizes. It’s amazing how quickly things change…yet stay the same.

Everyone needs voice.

Citrix Acquires Cloud Phone System Provider Grasshopper

The feeding frenzy around Cloud VoIP companies continues and this time it’s not an VoIP industry incumbent at the table.

Fresh off the news of Vonage’s acquisition of SimpleSignal for a total of $25 million, SAAS giant Citrix announced yesterday they were plucking Grasshopper, a cloud based phone system provider, from the field.

Terms of the deal were not disclosed, though Grasshopper touts more than 150,000 entrepreneurs use their services, which starts at $12 per month. If these numbers are true, this would put Grasshopper’s annual revenues somewhere in the neighborhood of $22 million.

That’s a nice incremental revenue lift for Citrix, but what they’re clearly after is the customer base. Critix provides a number of other cloud based services that entrepreneurs utilize, such as GotoMeeting, which they clearly will try to cross promote to current Grasshopper users.

Current Critix customers will likely also now be able to leverage another service from the company, one they’re already using every day.

Jive Continues it’s Growth Tear With Two More VoIP Acquisitions

Jive_LogoJive Communications announced this week that they’ve continued gobbling up smaller hosted VoIP providers by acquiring both COMVOICE and Vocalnet. Talk about a busy start to the year!

Both providers were heralded for their service quality and customer experience, two items most buyers are looking for in potential acquisitions.

Jive has acquired a number of hosted VoIP providers recently, a growth strategy that many of their mid-market Pre-IPO competitors are also taking as traditional acquisition channels become saturated.

Little detail was given behind the deal, other than COMVOICE and VocalNet customers will soon be able to leverage the complete Jive suite of services.

Broadsoft Acquires Telecom Software Provider Leonid Systems

Broadsoft-logoAcquires’ a word you will be hearing often this year. Another Telecom software company has been chomped up.

Yesterday hosted cloud telephone service platform provider Broadsoft acquired telecom software provider Leonid Systems.

It’s easy to see why.

Leonid has developed a number of software solutions that extend the functionality and ease of use of the Broadsoft platform for VoIP providers. Their intuitive web portal for the Broadworks platform that gives service providers a simplified and streamlined way to manage their operations.

This gives Broadsoft another leg-up on the various competitive platforms, such as a Metaswitch, who are all racing to make improvements to support the next wave of provider growth.

Full terms of the deal were not disclosed, but the acquisition will add $3 million in incremental revenue for Broadsoft.

Sangoma Acquires FreePBX and RockBochs Fax over IP service

schmooze_sangomaWhile most around the globe were still working off their hangover, Sangoma announced they had acquired both Schmooze Com – keepers of FreePBX – and RockBochs, a provider of fax over IP service as well as a network / PBX appliances.

The combined acquisition positions Sangoma and its channel to begin offering their own PBX. Even more importantly, Sangoma can now begin offering recurring services that their channel partners can resell.

Here’s 3 keys from the deal.

1//    Open, commercial or other, it doesn’t matter. The ability to now offer FreePBX – or any other distro – enables a complete solution to be implemented virtually every time. Something that has not always been the case. This closed/open hybrid approach positions Sangoma and channel partners to offer whatever is needed to accomplish the deployment goals.

2//     It allows a channel partner to wrap their business around Sangoma. Previously, Sangoma was a piece of a part of a much larger customer solution. Now a traditional telecom reseller has the tools they need to be successful with Sangoma.

3//     The recurring service revenue opportunity.  The acquired RockBochs fax over IP service and the ability to sell SIP trunking ( and hosted FreePBX enables Sangoma and their channel to build a recurring revenues practice into the future. This should also allow them to compete more aggressively in the small medium business area, where their card and gateway business could not fully penetrate.

P.S. Congratulations to Chad Behling at RockBochs. Having worked with Chad as a channel partner for years, this is well deserved.

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