AVST Gets $1.5M

Foothill Ranch-based Applied Voice & Speech Technologies has raised $1.5M out of a $3M financing round, including equity and options, according to a regulatory filing from the firm this morning. Details on the funding have not been released by the firm. AVST develops enterprise communications infrastructure including voicemail, email and fax messaging systems. AVST's investors include Ignition Partners, Dolphin Equity Partners, Captaris, and Escalate Capital Partners. More information »