Version: 2008

September 9, 2002 2:05 PM PDT

Broadsoft brings in $32.5 million

Voice application company Broadsoft has raised $32.5 million in a third round of funding led by Grotech Capital and RRE Ventures, the company announced Monday. Also participating in the round were Tekelec, Bessemer Venture Partners, Charles River Ventures, Columbia Capital and Crescendo Ventures. Broadsoft, which has raised a total of $60 million, plans to use the money to expand sales. The Gaithersburg, Md.-based company provides telephony services such as call forwarding, simultaneous ringing and unified messaging.

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