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Voice Peering Shows Intelligent Progress

It is very encouraging to see that even in the current disaster of the global economic meltdown voice peering businesses can find funding. This says volumes about voice peering in general and that the benefits are clear to those within and around the business as well as the venture capital community. It also says a lot about one company that got funded, IntelePeer (News - Alert).

The $18 million transaction, led by new investor VantagePoint Venture Partners, is IntelePeer’s third round of financing. Coming from their roots in wholesale voice as VoEX (News - Alert), their first transition was to change their name to IntelePeer. This reflected their incorporation of intelligent least-cost-routing, SIP session management, ENUM and device discovery in to a suite of services. The milestone of this latest funding also marks a new direction for the company and dimension in the broad definition of Voice Peering. Their newly defined position statement on their website is worth quoting:

“Through our innovative, communications-as-a-service (CaaS) platform, IntelePeer AppworX™, our SuperRegistry™ and our extensive peering grid, we provide our customers with the platform to offer high-quality interactive voice, video, SMS, data and other rich-media services while providing significant cost savings for their telecommunication expenditures… Through intuitive APIs, Web services, skinable widgets and applets, IntelePeer removes the complexity of telecom and opens network functions to mainstream developers who are creating voice-Web ‘mashups’ and communications-enabled business processes embedded into enterprise, webcasting, social networking, entertainment and e-commerce applications.”




Essentially they have created a Voice Peering Web 2.0 layer on top of their existing voice infrastructure which enables developers to link VoIP applications within their own various IP projects to the IntelePeer backend and have access to all of those services without having to create, or cobble them together on their own. IntelePeer operates their “own carrier-grade voice peering network carrying more than 6 billion minutes, with worldwide coverage delivered through an IP and TDM peering grid with over 50 leading service provider peering partners.” Serving that up to the web world gives the web application developers a good head start. The ability to gain access to generic calling as well as value-added features and functionality for voice services is certainly useful. The Web 2.0 dimension of that access represents an expansion of voice peering beyond the traditional components of trunking and endpoint routing which will ultimately drive more web-based voice traffic. That is an intelligent route for those that wish to peer in the voice world. IT

Hunter Newby (News - Alert) is the Chief Strategy Officer and a Director of a Special Purpose Acquisition Corporation focused on the communications industry. Reach him at hunter@hunternewby.com or visit www.hunternewby.com.

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