BandTel Raises Series B

Newport Beach-based BandTel has raised a Series B round of funding, the firm reported Monday. BandTel said that the funding came from Seagrove LLC. The firm will use the funding to expand its sales and marketing team, and invest in marketing and business development initiatives. Bandtel provides VoIP termination to the PSTN for high volume telecom users. The firm said that it is targeting call centers, enterprise users, teleconferencing companies, and Internet Voice Response users. More information »