ITXC Corp.

Description

ITXC Corp. was formed in the early development of VOIP (Voice Over the Internet Protocol) to provide global wholesale voice and facsimile transmission services to both alternative carriers and major Long Distance Providers. The Company�s business model sought to disinter-mediate traditional international and domestic long distance providers by developing Internet based calling solutions and proprietary termination relationships around the world. Spectrum identified the company as a leader in the developing space and led two rounds of financing to support the company�s growth. Following a period of significant growth the company completed an IPO (NASDAQ:ITXC) and was subsequently acquired by Teleglobe International Holdings Ltd (Teleglobe).

Headquarters: Princeton, NJ