SpinVox raises $100 million

Voicemail-to-text company SpinVox says it's raised over $100 million in its latest funding round, putting an end to the flotation rumours. Co-founder and CEO Christina Domecq said "Closing this funding round is an exceptional achievement given the current state of the global financial markets. We are delighted to have this group of institutional investors join the company." The new investors, which include GLG Partners, Goldman Sachs, BlueMountain and Toscafund Asset Management, join existing investors including Martin Hughes of Tosca Fund, Charles Dunstone of The Carphone Warehouse and Peter Wood, the founder of Direct Line; along with ABN Amro, Gartmore and Allen & Co. [Press release]