Netrake, a start-up based in Plano, Texas, secured $20 million in fourth round of funding for its session controllers for VoIP interconnection. Netrake’s nCite session controllers enable IP-to-IP Gateway functionality in carrier networks.
Prism Venture Partners led the round with return funding support from existing investors TL Ventures, Austin Ventures and Trinity Ventures. Netrake has now raised more than $70 million in capital to date. http://www.netrake.com
