August 9, 2006 7:43 AM PDT
Open-source VoIP company wins funding
Digium, an open-source VoIP software maker, has received $13.2 million in first-round venture capital funding from Matrix Partners for the development of Asterisk. Asterisk is an open-source telecom platform with 1 million users. According to Huntsville, Ala.-based Digium, Asterisk's flexibility as an open source PBX lets companies build business phone systems that use both legacy and voice over Internet Protocol equipment.
Matrix was also an initial investor in JBoss, the open-source company recently acquired by open-source giant Red Hat. David Skok, a general partner at Matrix and a JBoss board member, said in a statement that companies attracted to the savings and capabilities of VoIP will open up new opportunities for Digium. "Digium is definitely in a position to become the next big open-source company, behind Red Hat, JBoss and MySQL," Skok said.
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