Evoxis said Tuesday that it has raised an additional $1.2 million in private funding, on top of the $1 million it collected from angel investors in November. The company makes mass-messaging technology that enables companies to simultaneously send hundreds of thousands of customized voice messages to wireless phone users.
In addition to advertising, Evoxis said that companies could use its product to inform customers of time-sensitive services. For example, financial companies could inform clients of trading opportunities, and airlines could notify passengers of flight changes. The company, which was founded in 2001, intends to start seeking investors to raise between $7 million and $10 million for its first round of funding.