Does the world need another Vonage?, 15 June 2006

On the heels of one VOIP provider's ignominious IPO, much smaller SunRocket thinks it can succeed in the same market.


Despite Vonage's ignominious IPO and fresh questions about its viability as a stand-alone provider of basic phone services, some smart executives are betting the market – and possibly Wall Street – will embrace another independent provider of phone calls via the Internet.

Privately held SunRocket, a two-year-old provider of Voice-over-Internet Protocol (or VOIP) calls, has raised more than $46 million from blue-chip venture investors such as Mayfield Fund and Doll Capital Management, and the company is planning to raise another round of money later this year.

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