VCA Stocks

Jaxtr raises $10 million in venture capital as it expands virtually free long-distance calling Like Skype and Jajah, Jaxtr makes use of voice-over-Internet-protocol technology to get around the high costs of long-distance telephone service. But Jaxtr works with any mobile phone or standard telephone. You simply go to the Jaxtr web site and indicate which Jaxtr user you want to call and the number of the phone you will use. Jaxtr then makes a local call to that user, connects via VOIP to your local telephone region, and then completes the call over the local telephone service. Hence, you have a local call in one region, a local call in another region, and long-distance fees circumvented by VOIP. You can take advantage of social networking by embedding a Jaxtr widget on your MySpace page. That way, someone can call you via Jaxtr, but you don’t have to give away your actual phone number.