More success for Jajah
JAJAH announced today that T-Online Venture Fund - the investment arm of Deutsche Telekom - has joined JAJAH's $20 million Series C investment round led by Intel Capital. The investment signals a change in the global communication landscape, as it is the first time in history that a major carrier has embraced a VoIP company.
"This is a big moment in telephony history," said JAJAH co-founder Roman Scharf. "The implications for both carriers and consumers are enormous. JAJAH is about bringing low-cost and innovative solutions to the global marketplace. This will be a big win for consumers everywhere."
Today's news follows an announcement earlier in the month by Intel Capital, the investment arm of Intel Corporation. Like Deutsche Telekom, Intel has made a strategic investment in JAJAH, giving the company the resources, reach and IP protection it needs to continue to deliver global Web-based phone solutions.
"Our vision is to build the next generation global communication company," said Trevor Healy, JAJAH CEO. "Having both Intel and Deutsche Telekom as investment partners will help make this vision a reality. These investments validate our vision, our model and our technology. We couldn't be more enthusiastic for JAJAH and for the future of global communication."
Deutsche Telekom, also recognized by its mobile arm, T-Mobile, is well known for service and technology innovation. The company is already in the process of embedding JAJAH into its web properties and expects to offer consumer and business solutions based on JAJAH technology in the future.
"The communication landscape is rapidly evolving," said Andreas Kindt, Chairman of the Investment Committee of T-Online Venture Fund and Member of T-Com Management Board for IT. "By investing in companies like JAJAH, we
will be able to continue to bring users around the world the innovative solutions they are looking for. The investment aligns perfectly with our strategy of 'Focus, fix and grow' while staying at the forefront of communication innovation."
"There are things you can do with IP based solutions that you just can't do with traditional networks," said Roman Scharf. "JAJAH is about bringing together the best of the web with the best of telephony. This is what makes T-Online's involvement so powerful."
"The importance of these investments will be realized as new devices and service emerge. We believe these innovations will change the telephony landscape forever," said JAJAH cofounder, Daniel Mattes. "These investments will speed the development of solutions, provide a clear path and the resources we need to continue to innovate on a global scale."
A Winning Approach
Deutsche Telekom's historic investment is a testament to JAJAH's telco-friendly approach - a departure from the traditional marketing strategies that have limited the consumer reach of first-generation VoIP companies.
"JAJAH is making strides not just by innovating, but also by collaborating with major industry leaders that can dramatically expand JAJAH's market reach," said Will Stofega, analyst at IDC. "It's a smart move, and JAJAH is executing very well."
JAJAH recently announced it has acquired more than 2 million users from 55 countries in their first year of business by providing innovative next-generation calling solutions, as well as ultra-low cost phone connections to the most called places on Earth. Unlike traditional VoIP solutions, JAJAH uses regular phones and does not require software or special equipment. A user simply initiates the call from www.jajah.com and JAJAH connects the call to either landline or mobile phones, for a fraction of the traditional cost. Additionally, users can make JAJAH calls from many mobile phones and from Web-enabled smart phones.
More at: http://blog.jajah.com/press_kit/deutsche_telekom.html
Technorati Tags: JAJAH, Deutsche Telekom, T-Online Venture Fund, unified communications

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