Natural Convergence, a start-up based in Ottawa, secured CDN$12 million in Series B funding for its VoIP application software for service providers. The company’s hosted IP solution called “silhouette”, is a next generation key system. The solution is aimed at the small and medium-sized business market.
The investment was led by Boston-based VIMAC Ventures, LLC and includes follow-on investment from all existing investors including Jefferson Partners, BDC Venture Capital, Desjardins Venture Capital, Primaxis Technology Ventures, RBQ Inc., and Purple Angel. Telecommunications industry leader, Terry Matthews also joins as a strategic investor through investment firm Wesley Clover. http://www.naturalconvergence.com
