TMCNet:  Infratel Secures $3M in Funding to Build Telephony Solution for Channel & Cloud Providers Serving the SOHO Market

[August 07, 2012]

Infratel Secures $3M in Funding to Build Telephony Solution for Channel & Cloud Providers Serving the SOHO Market

SEATTLE, WA, Aug 07, 2012 (MARKETWIRE via COMTEX) -- Infratel, a leading provider of cloud telephony services for small businesses, today announced it has secured $3 million in Series A funding from Prostor Capital and Runa Capital. Prostor is a global investment firm with deep knowledge of the telephony and service provider industry and Runa Capital international venture capital firm is focused on investing in cloud computing, internet-services and virtualization software companies such as NGINX, Ecwid, and Jelastic.

The funds will be used to build out Infratel's cloud telephony platform for small business and to strengthen the company's presence globally.

Unlike other SOHO telephony products designed solely for the end user, Infratel is leveraging its deep roots with the hosting community to build a cloud-based solution that integrates directly into the provider's infrastructure. This unique go to market strategy provides the highest ROI for cloud services providers and enables Infratel to achieve faster market penetration in the highly fragmented SOHO sector. Infratel's software helps small businesses establish a professional phone presence and improve their ability to respond to customers.

"The unique technology platform and business model make Infratel a significant acquisition for our portfolio," said Serguei Beloussov, Senior Founding Partner of Runa Capital venture fund. "Our long-term relationship, hosting service providers network, and technical expertise can help Infratel in the cloud telephony market to provide unique solutions to millions of small businesses around the world." "Infratel's innovative, cost effective offerings together with its high technology platform will bring Infratel's customers to the next level of communication with their clients," said Alexey Solovyoy, managing director of Prostor Capital.

"There are more than 11M small businesses in North America and Europe that have a website but don't have a basic telephony presence, hindering their ability to interact with customers," said Bryan Goode, CEO of Infratel. "Our goal in closing this investment round with Prostor and Runa is to bring intuitive, easy to use communications solutions to help these small businesses grow and prosper." For more information about Infratel's products and services, go to: http://www.infratel.com.

About Infratel Infratel, Inc. (@infratelus) makes solutions that connect small business with customers. Infratel solutions help entrepreneurs, fast growing startups and well established small businesses build a professional phone presence, grow through voice-based marketing campaigns and improve their ability to respond to customers. Infratel has more than 1000 customers worldwide and helped customers manage 1 billion minutes of calls in 2011. Infratel is an independent, privately held company headquartered in Seattle, WA.

About Prostor Capital Prostor Capital Investment Fund was founded in 2011 to make investments in growing companies in international information technologies markets. The objective of the fund it to assist portfolio companies to attain a strong leadership positions in their segment. Prostor invests in early stage companies with proven revenue models and in-market technology. Prostor Capital investments announced to date include Umi.ru -- cloud services for small business, Dnevnik.ru -- educational social network and Dulton Media -- online video platform. For more information please visit www.prostor-capital.com.

About Runa Capital Runa Capital is a technology-focused venture capital firm whose investments have created or incubated companies with more than US$10 billion in assets. It was established to seek growth opportunities in the rapidly growing areas of the tech sector, with specific focus on cloud computing and other hosted services, virtualization and mobile applications. The key execution point is to select promising teams and drive and support them in the global marketplace, turning them into international champions. Runa Capital's investments announced to date include: Nginx, Talkbits, Jelastic, Metabar, Travelmenu, BigTime(R) Software, ThinkGrid, Ecwid, Capptain, B2B-Center and LinguaLeo. For more information, please visit www.runacap.com.

Contact: Ali Kramer Barokas Public Relations Email Contact 206-264-8220 SOURCE: Infratel http://www2.marketwire.com/mw/emailprcntct id=CD646537C60E99E4

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