IOVOX Takes Investment From VC Octopus To Scale Up In Europe

IOVOX, a provider of telephony analytics which we've covered before, has secured investment from London-based Octopus Investment. Specifically from the Octopus Titan 4 Venture Capital Trust (VCT) and Octopus Titan 5 VCT. The cash will be used for expansion. Although terms were unreleased, we understand the investment allows the founders to retain control of the direction of the company, which, given this is an institutional round, indicates this is not a low round, but not at a knock-it-out-of-the-park level.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/7Ld72AmGKeY/

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