FaceTime Nears $100 Million Mark

FaceTime Communications, a Foster City, Calif.-based provider of solutions that control greynets and manage unified enterprise communications, has raised $15.6 million in eighth-round funding. Credit Suisse led the deal through its Next II fund, and was joined by return backers Sutter Hill Ventures, JK&B Capital and Scale Venture Partners. FaceTime has raised approximately $100 million in total VC funding since 1997. www.facetime.com