UNQUOTE

SWEDEN - Accel invests EUR 4m in Swedish software business

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Telepo, a Swedish software company, has raised EUR 4m in funding from Accel Partners. The Telepo Business Communication Solution integrates mobile and fixed communication, VoIP and existing enterprise voice infrastructure, using standards based protocols.

Telepo was founded in 2003 by two entrepreneurs, Lars-Michaël Paqvalén and Jörgen Björkner, who both have long experience from building successful software companies within IP and mobile communications, latest at Hotsip which was recently acquired by Oracle.
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