TCA Global Credit Master Fund has committed to lend a total of $5 million to Voiceserve, Inc. through one of the funds senior secured loan facilities, with the initial draw set at $1 million. Headquartered in the United Kingdom, Voiceserve is a leading provider of mobile dialer software and Voipswitch solutions for the telecom and IT industry.
"The delivery of mobile dialers to enterprises, ISP's and global telephony carriers is the primary benefit of our service. The latest releases of highly sophisticated smartphones with increasingly more stable internet connectivity is creating an even greater global demand for our mobile products ", states Voiceserve in a press release. "The funds raised will be used to expand the companies sales force, increase its exposure at exhibitions globally and complete developing certain Voipswitch modules that are still under development" added Voiceserve president Alexander Ellinson.
Voiceserve is a software platform provider focusing primarily on delivering affordable, complete, next generation services to Internet Telephony Providers (ITSPs).