JAJAH, the world's fastest-growing VoIP company, announced that it has closed a Series B financing round led by Globespan Capital, a leading global venture capital firm with a core competence in business development within the Asian market. In addition, JAJAH announced that Globespan Capital's Venky Ganesan will take a seat on JAJAH's board of directors. The investment amount is undisclosed.



"JAJAH chose to partner with Globespan Capital over many other potential suitors because of their focus on and leadership in the Asian markets," said Daniel Mattes, co-founder of JAJAH. "As JAJAH has grown outside of Europe into the U.S. with the help of Sequoia Capital, as will JAJAH make an impact on the Asian market with Globespan Capital."

"Beyond financing, Globespan Capital gives JAJAH a strong business development team on the ground, solid connections with leading companies across Japan, Korea, China and India," said Venky Ganesan, managing director, Globespan Capital. "JAJAH makes VoIP a reality to everyone, both in their professional lives and at home. We are glad to have a chance to play our part in JAJAH's success story."

This announcement follows JAJAH's recent announcement of exclusive agreements to intergrate JAJAH within Opera browsers and the Symbian OS.