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IP Unity grabs $24 million

IP Unity said Monday that it has raised a $24 million third round of funding, led by Partech International. Partech, which received a seat on IP Unity's board, was joined by previous investors Battery Ventures, New Enterprise Associates and Kleiner Perkins Caufield & Byers. The Milpitas, Calif.-based company has raised a total of $48 million. The media and application servers and software company's systems are designed to enable telecom carriers to offer interactive voice response, conferencing and text-to-speech over their networks. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
IP Unity said Monday that it has raised a $24 million third round of funding, led by Partech International. Partech, which received a seat on IP Unity's board, was joined by previous investors Battery Ventures, New Enterprise Associates and Kleiner Perkins Caufield & Byers. The Milpitas, Calif.-based company has raised a total of $48 million. The media and application servers and software company's systems are designed to enable telecom carriers to offer interactive voice response, conferencing and text-to-speech over their networks.

See complete list.