Sabse Technologies, the owner of the web conferencing site Sabsebolo.com, continues its inorganic growth spree with the acquisition of Mobivox, a Candian voice over internet protocol (VoIP) startup. This comes after its acquisition of California-based Jaxtr barely three months ago. Sabsebolo.com is co-founded by Hotmail co-founder Sabeer Bhatia and Yogesh Patel.
Mobivox allows its users to have VOIP-style pricing and service through their existing landlines and mobile phones. It also provides services like conferencing, make group calls, and transfering calls.
Mobivox platform and patent portfolio adds to Sabse’s offering by providing a proven voice-interface-programming language, in-the-cloud contact book storage along with network-agnostic telephony integration,the company said in a release.
Mobivox, which was founded in 2004, has raised $11 million in venture funding from IDG Ventures, Flybridge Capital and Brightspark Ventures.
"Using Mobivox’s phone to Skype combined with Jaxtr’s free telephony platform, Sabse is on a fast track to become the largest free telephony provider from mobile to mobile and mobile to IM in the world," said Bhatia in a release. Bhatia shot to fame after developing and selling Hotmail to Microsoft for $400 million in 1997.
