VoIP firm wins £0.9m from key investors
Camrivox, a developer of Voice over Internet Protocol equipment, has received £0.9 million investment from CREATE, GEIF/GEIF Ventures, Cambridge Capital Group and a number of business angels. Camrivox, a developer of Voice over Internet Protocol equipment, has received £0.9 million investment from CREATE, GEIF/GEIF Ventures, Cambridge Capital Group and a number of business angels.
Camrivox, based at St John’s Innovation Centre in Cambridge, produces VoIP equipment that allows home users and small businesses to make free phone calls over the internet.
Its first product in volume production, the UTA-151, is a VoIP adaptor that connects to the user’s conventional telephone and to their existing broadband internet connection. This enables them to make and receive calls without the need for a PC.
“Camrivox’s key advantage is that our products are much easier to install and use than others in the market,” said David Moorhouse, co-founder and VP of marketing at Camrivox.
“This helps to drive mass market adoption whilst reducing support costs for service providers.”
In contrast to competitors’ products, which only handle voice, Camrivox’s VoIP products also enable voice to be a key component of an Internet-connected home or office, and allow telephony features and information to be accessed and shared with other networked devices.
The company’s three founders – David Moorhouse, James Green and Jonathan Custance – met at Virata (now Conexant Systems) where they had core engineering and marketing responsibilities, working on VoIP and triple play products for Yahoo! Broadband, one of the largest VoIP deployments to date.
Between them, they have strong experience in successfully managing high-volume consumer electronics projects.
The founders are supported by Camrivox’s chairman Dr Phil O’Donovan, a co-founder of CSR (Cambridge Silicon Radio), one of the UK’s most successful technology companies of recent years, having grown in six years from a start-up to a publicly quoted company with a market capitalisation of over £1 billion.
Camrivox will be announcing its early service provider customers in April.