While Vonage will no doubt hog the VOIP spotlight today, Ottawa-based SIPQuest has some good news with a US$7-million private equity deal from BC Venture Capital, Covington Capital and Skypoint. SIPQuest, now known as FirstHand Technologies, provides mobile VOIP software for enterprise use. Meanwhile, Vancouver-based Zeugma Systems Inc. has raised US$13.5-million from Granite Ventures, Ventures West, Yaletown Venture Partners and GrowthWorks Capital. Zeugma is developing technoloy for next-generation, broadband networks.
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