VoIP space has gotten more interesting. Sabeer Bhatiya’s Sabse Technologies (read our coverage of sabsebolo) has acquired jaxtr.
Under the deal, SabSe will maintain and expand upon the jaxtr service, which will continue to operate under the jaxtr brand, alongside the company’s existing SabSeBolo brand.
The deal amount is not disclosed, but jaxtr has raised $21.5mn funding from DFJ, Mayfield, Lehman Brothers and August Capital.
While it will be completely wrong to say that this is India focused deal (Jaxtr India Number was shutdown due to illegal usage), this will surely give Sabse entry into the global VoIP space and fits it’s SMB strategy (for instance, Live Documents).
SabSe Technologies has developed a platform aimed at providing “Telephony Applications as a Service” (TAAS), coupled with a web-based API, allowing for rapid development for telephony applications – other offerings include hosted PBX and an Audio Conferencing application.
What’s your take on this deal? Will it work, given that Jaxtr is more focused on consumer space?
Related: Sabeer Bhatiya’s ApnaCircle acquired by Viadeo (French company)