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    Tuesday, June 9, 2009

    Jaxtr Acquired By SabSe


    Mountain View-based SabSe Technologies, which was co-founded by HotMail co-founder Sabeer Bhatia, said Monday that it has acquired Menlo Park-based Jaxtr, a provider of voice-over-IP services. Financial terms of the acquisition were not disclosed. According to SabSE, it will maintain and expand the Jaxtr service, alongside SabSE's own hosted PBX and and other telephony applications. Jaxtr was funded by Lehman Brothers Venture Partners, August Capital, Draper Fisher Jurvetson, Draper Richards, Founders Fund, Mangrove Capital Partners, and Mayfield Fund, and had raised around $21M.
    posted on Tuesday, June 9, 2009


    Related companies:
    Jaxtr

    Related stories:
    > Sabse Technologies Buys Mobivox
    > Jaxtr Gets $10M
    > Jaxtr Raises $10M
    > Jaxtr Launches Beta
    > Founders Fund Raises $220M For Seed Stage Deals

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