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Jaxtr raises $10 million to expand cheap international calls

Posted on June 24, 2008

Jaxtr now has a buck for every one of its users. The company has raised $10 million in a second round of financing to expand its cheap overseas internet calling business.The Menlo Park, Calif.-based company uses a voice-over-internet-protocol service to knock the costs out of overseas calls. It can charge as little as 1 cent a minute for calls to China because of its unique system. It lets users advertise to an online community how they can be contacted via a widget they place on a blog or a social networking page.A user puts the widget on a page, and a would-be caller clicks on the widget. Th...

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