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XConnect, a major player in neutral and secure next-generation interconnection and ENUM-registry services, has raised $10 million in Series B funding. 

A consortium of investors, including Venrock Associates in the United States, Accel Partners in the United Kingdom, Grazia Equity in Germany and Crescent Point Group in Singapore, were part of the funding group. 

The financing will enable the company to continue expanding its “Interconnect 2.0” portfolio, which includes Carrier ENUM-registry and multimedia interconnection hub services.

According to company officials, Interconnect 2.0 offers the most comprehensive suite of services to meet operators’ growing needs to efficiently deliver new revenue-generating multimedia services, such as high-definition voice and video, across IP networks, while increasing service quality and reducing costs.

Ohad Finkelstein, chairman, XConnect (News - Alert), said that the investment by Tier 1 venture capital firms during challenging economic times is a strong endorsement of federated interconnection and demonstrates belief in XConnect’s Interconnect 2.0 strategy for driving migration from the PSTN to next-generation IP communications.

Finkelstein also said that the global reach of the company’s investors underscores their grasp of the company’s worldwide impact and growing international prospects. 

Eli Katz (News - Alert), XConnect CEO and founder, said that the new funding is perfectly timed. 

Katz said that the rapid global market adoption of NGN and VoIP infrastructure by fixed, mobile and Web 2.0 operators, together with the need to deploy rich multimedia communication services across networks, is driving demand for the company’s next-generation interconnection and ENUM services.

Earlier this month, XConnect had announced that it has entered into an agreement with the GSM Association, or “GSMA (News - Alert),” to enable interoperability between XConnect’s ENUM Registry Services and the GSMA’s PathFinder number translation service operated by Neustar.

An industry first, the agreement allows XConnect customers to query PathFinder for call routing information and also to allow their numbers to be published to the GSMA Carrier ENUM community. XConnect’s new SuperQuery feature is completely transparent and seamless for end users.