NexTone Communications, a start-up based in Germantown, Maryland, closed $10 million in Series C funding for its end-to-end session management products. NexTone’s session controllers allow carriers to route, manage, and control real-time IP traffic. Since going live with its first customer twenty-four months ago, NexTone session management products have been deployed in more than 140 carrier networks worldwide and currently manage a capacity of more than 3 billion minutes of VoIP traffic per month.
The up round was led by BCE Capital, the venture arm of Bell Canada Enterprises, and included participation from all existing investors: Core Capital, Mid-Atlantic Venture Funds, Safeguard Scientifics, Delmag Ventures, and Blue Rock Capital. David McCarthy of BCE Capital will join the NexTone Board of Directors. http://www.nextone.com
