Iperia Announces up to $5 Million Round of Funding
North Billerica, Mass., January 31, 2007 – Iperia, Inc., the emerging leader in voice-enabled applications and web services for the enterprise and service provider market today announced it has arranged up to $5 million in a new round of funding with Friedli Corporate Finance to support its aggressive growth plans.
"Iperia has received a tremendous amount of excitement for our next generation IperiaVX platform," said David Jodoin, Chief Executive Officer for Iperia. "The new funding from Friedli Corporate Finance allows us to further expand our marketing and development efforts."
IperiaVX enables enterprises and service providers to easily integrate new and existing mission critical communications applications within a single voice-enabled framework. IperiaVX runs on a Linux operating system built around service orientated architecture (SOA) and incorporates web services, portlets and SIP servlet technologies.
The architecture coupled with the technology creates measurable results for customers. IperiaVX allows enterprises and service providers to increase average revenue per user (ARPU), reduce churn and generate new customers.
About Iperia
Iperia is the emerging leader in unified communications, serving both service providers (wireline, wireless, and broadband) and enterprise companies worldwide. Iperia's ActivEdge software is based on open industry standards, such as SIP and VoiceXML, and leverages off-the-shelf hardware components. Iperia’s Enterprise solution IperiaVX allows the integration of new and existing applications into a voice-enabled framework. Iperia offers a suite of "best in class" applications plus an open architecture that provides interoperability with shared resources and systems. This combination brings new efficiency and ease of use to personal and business communications. Iperia is privately held and funded by Friedli Corporate Finance, a leading Swiss venture firm. Its headquarters are in North Billerica, Massachusetts. For more information, visit www.iperia.com.
About Friedli Corporate Finance
Friedli Corporate Finance was founded by Peter Friedli in 1986 and is one of the leading Swiss Venture Capital firms. Since its inception, Friedli Corporate Finance has invested in over 170 primarily US-based companies in the fields of biotechnology and technology. Friedli Corporate Finance manages approximately US$800 million from pension funds, banks and large corporations in Switzerland. It is also the manager of New Venturetec, a public investment company trading on the Swiss exchange www.newventuretec.com.
