Iperia Raises $5M

NORTH BILLERICA, Mass. -- Iperia, Inc., the emerging leader in voice-enabled applications and web services for the enterprise and service provider market, today announced it has arranged up to $5 million in a new round of funding with Friedli Corporate Finance to support its aggressive growth plans.

"Iperia has received a tremendous amount of excitement for our next generation IperiaVX platform," said David Jodoin, Chief Executive Officer for Iperia. "The new funding from Friedli Corporate Finance allows us to further expand our marketing and development efforts." IperiaVX enables enterprises and service providers to easily integrate new and existing mission critical communications applications within a single voice-enabled framework. IperiaVX runs on a Linux operating system built around service orientated architecture (SOA) and incorporates web services, portlets and SIP servlet technologies.

The architecture coupled with the technology creates measurable results for customers. IperiaVX allows enterprises and service providers to increase average revenue per user (ARPU), reduce churn and generate new customers.

IPeria Inc.