|Phone||+61 8 9200 3500|
|Description||Lowering enterprise roaming charges|
|Angel, 3/12 ||$750k|
Norwood Systems is the developer of a revolutionary new service that allows large corporations to reduce their international roaming expenses.
Its core service offering, Voice Continuity™, is a simple and cost-effective offering that reduces costs and improves contactability for employees when they travel internationally to remote office locations.
Compatible with any SIM, Voice Continuity™ leverages a company’s investment in its PBX and voice WAN network to dramatically reduce costs of calling for business travellers, and importantly, optimise inbound call charges from other employees without requiring a change in their user behaviour.
Voice Continuity is based upon $15 million of previously invested R&D, using the code-base developed by the previous incarnation of Norwood Systems.
The Company was re-capitalised by its founder in February 2011. It closed a Series AA seed round in March 2012 and a follow on Series AA (2) round in December 2012.