BridgePort Networks
Based: Chicago
Founded: 2002
www.bridgeport-networks.com
Why It's Fierce: VoIP's next great leap
will be into the wireless market. Bridgeport is
poised to take advantage of this opportunity by
producing software that connects cellular and
corporate networks, enabling mobile phones to run
VoIP and cellular voice. Besides trimming mobile
phone bills, this technology will allow employees to
use their phones while overseas simply by plugging
the handset into a computer and using the Internet
to make the call. BridgePort Networks recently
secured $25 million in new funding after closing $10
million in financing in October 2003. BridgePort's
software is being tested at several large phone
companies, and it hopes to announce its first major
deals this year.
What To Look For: BridgePort is shifting
its focus to sales. Look for the company to sign
partnerships with at least one major carrier or
service provider by the end of 2005.
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