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GE/NBC Venture Fund Invests $2M In Vivox For Voice Chat 2

Online voice chat services provider Vivox has raised $2 million from Peacock Equity, a joint investment fund established by NBC Universal and GE Capital, which the company will put toward its growth.

Eric Caoili, Blogger

July 14, 2010

1 Min Read
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Online voice chat services provider Vivox has received $2 million from Peacock Equity, a joint investment fund established by NBC Universal and GE Capital's Media, Communications & Entertainment business. Based in Natick, MA, Vivox provides voice services for online games, virtual worlds, social networks, and social applications for more than 30 million users in over 180 countries around the world. Its publisher clients include CCP Games, Nexon, Linden Lab, Sony Online Entertainment, and many others. Vivox says it will take advantage of this new financing to "fuel company growth, expand into new markets, and enhance its portfolio of complementary offerings", such as presence, text, virtual goods, and audio advertising. The investment follows five months after Vivox received $6.8 million in a third round of financing led by IDG Ventures. With this new funding, the company has received a total of $22.6 million since its founding in 2005. "Peacock Equity has its finger on the pulse of the interactive media space, and we see its investment in Vivox as a fantastic step for the company," says Vivox founder and CEO Rob Seaver. He continues, "This partnership further solidifies our ongoing growth efforts and signals Peacock's intention to provide the NBC Universal audience with the most engaging online experience possible."

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About the Author

Eric Caoili

Blogger

Eric Caoili currently serves as a news editor for Gamasutra, and has helmed numerous other UBM Techweb Game Network sites all now long-dead, including GameSetWatch. He is also co-editor for beloved handheld gaming blog Tiny Cartridge, and has contributed to Joystiq, Winamp, GamePro, and 4 Color Rebellion.

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