DT invests in VoIP startup

The venture capital arm of German telecom giant Deutsche Telekom AG has joined Intel Corp. in investing in Jajah Inc., a two-year-old company offering global Voice over Internet Protocol service.
The T-Online Venture Fund, managed by DT’s T-Venture entity, participated in Jajah’s third funding round, which raised $20 million. The specific amount of T-Venture’s investment was not disclosed, but the firm has a total investment volume of $135 million and its aim is to strategically support DT’s fixed-network operations. Jajah called the move “the first time in history that a major carrier has embraced a VoIP company.”
According to the startup, DT “is already in the process of embedding Jajah into its own Web properties and expects to offer consumer and business solutions based on Jajah technology in the future.”
Jajah says it has acquired more than 2 million users from 55 countries, and the company has offices in California and Luxembourg. Intel Capital, the VC arm of Intel Corp., announced its participation in Jajah’s third round of funding earlier this month.
“Our vision is to build the next generation global communication company. Having both Intel and Deutsche Telekom as investment partners will help make this vision a reality,” said Daniel Mattes, co-founder of Jajah.