Article: FaceTime Communications Raises $30 Million to Accelerate Marketing and Begin International Operations.

Leader in Instant Messaging-based Applications Adds

TH Lee.Putnam Internet Partners, Compaq, Novell, Sumitomo as Investors

FOSTER CITY, Calif., Jan. 31 /PRNewswire/ -- FaceTime Communications, the leader in Instant Messaging-based business applications, today announced it has received $30 million in mezzanine funding from TH Lee.Putnam Internet Partners (THLi), Compaq (NYSE: CPQ), Novell (Nasdaq: NOVL), Sumitomo and prior investors. The funding, led by THLi, will be used to accelerate the company's marketing and development efforts, expand the sales force and begin operations in international markets.

FaceTime, the leading provider of ...

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