SpinVox raises $100 million from Goldman, others

SpinVox, which converts voicemail messages into text and sends them to a recipient's inbox or phone, has raised more than $100 million in funding from a Goldman Sachs Group Inc unit and other institutional investors, the company said on Wednesday.
This third round of funding values London-based SpinVox "in excess of $500 million," co-founder and Chief Executive Christina Domecq said in an interview.
SpinVox plans to use the money to expand its presence in North America and introduce voice-to-text services in more languages, she said.
SpinVox has deals with 12 cell phone carriers globally, including Canada's Rogers Mobile and Alltel Wireless, the fifth-largest U.S. carrier, and plans to double that number this year. [click heading for more]