Thinking Phone Networks Secures Follow-on Financing Led by Capstone Ventures

Enterprise Telecommunications & Business Applications Provider Experiencing Significant Customer Growth Even in Down Economy

Cambridge, MA (PRWEB) February 10, 2010 -- Thinking Phone Networks, a pioneer in hosted enterprise voice and data applications, today announced that it has received follow-on financing with participation led by Capstone Ventures (www.capstonellc.com).

Thinking Phone Networks’ innovative cloud-based service delivery model transforms organizations. By integrating onto a single platform enterprise-class Unified Communications, IP PBX, Mobile Communications, Instant Messaging, CRM, and Call Center applications, enterprises see immediate communications related cost savings and an end to expensive on-premise systems. In addition, these same companies receive unprecedented cross-functional operations visibility to enhance customer relationships and drive business growth.

Thinking Phone Networks addresses two fundamental enterprise business challenges senior executives face. How to contain and reduce costs while also improving overall productivity and enhancing competitiveness

Now, enterprises can move off capital intensive legacy systems, immediately realize communications cost savings, and secure the executive level visibility and actionable intelligence needed to be more competitive.

Thinking Phone Networks is a disrupting influence, eliminating the long-held barriers to truly integrated enterprise communications and business analytics

We make businesses more competitive by offering high ROI communications services that change the game, upending the historical ball and chain of enormous upfront capital equipment expenditures, closed-end proprietary systems, and significant, ongoing maintenance and IT support costs central to premise-based systems.

“Thinking Phone Networks addresses two fundamental enterprise business challenges senior executives face. How to contain and reduce costs while also improving overall productivity and enhancing competitiveness,” said John Ferrara, president and managing partner of Capstone Ventures. “Now, enterprises can move off capital intensive legacy systems, immediately realize communications cost savings, and secure the executive level visibility and actionable intelligence needed to be more competitive.”

The Thinking Phone Networks delivery model flies in the face of on-site system deployments which have historically been cost prohibitive and complicated, and that feature isolated application tools. By moving communications capabilities to Thinking Phone Networks’ cloud-based model, large upfront expenditures, ongoing maintenance headaches, and standalone applications are eliminated. Instead, a robust, open-architected platform integrates business applications across communications formats and also supports 3rd party application development.

“Thinking Phone Networks is a disrupting influence, eliminating the long-held barriers to truly integrated enterprise communications and business analytics,” said Steven Kokinos, Thinking Phone Networks President & CEO. “We make businesses more competitive by offering high ROI communications services that change the game, upending the historical ball and chain of enormous upfront capital equipment expenditures, closed-end proprietary systems, and significant, ongoing maintenance and IT support costs central to premise-based systems.”

About Thinking Phone Networks
Thinking Phone Networks is helping revolutionize the way enterprise companies think about and use communications to enhance customer relationships and drive strategic business visibility, decisions, and results. Our cloud-based enhanced IP voice service and integrated business applications suite bring historically disparate communications infrastructure onto a single platform. All without the large upfront capital expenditures and ongoing maintenance costs of closed end, proprietary, on-premise systems. Visit us at www.thinkingphones.com.

About Capstone Ventures
Capstone Ventures LLC is the principal investment arm of Capstone Partners LLC, a leading, national middle market investment banking firm. Capstone provides private placement, corporate sale & divestiture, merger & acquisition and valuation advisory services as well as newly-added merchant banking capabilities. Headquartered in Boston, Capstone focuses on the Outsourced Services, Technology Solutions and Manufacturing & Distribution industries while maintaining dedicated sector resources in both Education & Healthcare. www.capstonellc.com

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