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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.

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.