$7.8m funding boost for Vivox
Tuesday, 13th November 2007 at 1:24 pm
Second cash-raising round to boost investment in future game VoIP tech
In-game voice chat firm Vivox has scored $7.8m in its second round of equity financing.
The investment, led by Benchmark Capital, will be used to fund Vivox's further developments of its voice chat software used in virtual worlds, online games, and MMOs.
“The proliferation of virtual worlds and online games has created a tremendous opportunity for the Vivox communications platform,” said Mitch Lasky, general partner of Benchmark Capital and newly appointed Vivox board member. Lasky was previously with EA Mobile.
“Voice is a transformative feature in games, creating an entirely new level of engagement and social connection among players. Vivox is uniquely positioned to deliver scalable, carrier-grade voice services through its industry-leading technologies and expertise.”
Rob Seaver, founder and CEO of Vivox, added: “We are incredibly excited to have Benchmark Capital and Mitch Lasky involved with Vivox. Benchmark’s clear visions and track record in the sector, and Mitch’s successful background in senior roles with Disney, Activision, JAMDAT and Electronic Arts are tremendous assets to Vivox.”
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