nfon Receives Investment from BayernLB Capital Partner

nfon, a Munich, Germany-based company that offers telephone systems “from the cloud”, has received an additional investment from BayernLB Capital Partner.

This investment adds to the recent financing nfon raised from Earlybird Venture Capital, MIG Fonds and High-Tech Gründerfonds (read here).

The company intends to use the funding to strengthen the brand and expand the distribution network.

Founded in Munich in 2007 and led by CEO Marcus Otto, nfon provides virtual telephone systems (IP Centrex) operated by a fully redundant, high-performance computer centre. The solution provides a spectrum of services at lower costs than a conventional phone system.

FinSMEs

16/01/2012

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