While Silicon Alley community-building software start-ups work diligently to convert their software to business to business call center applications, CosmoCom, a suburban Hauppauge-based developer of virtual call center technology is girding to make expand its push in the market with $4 million in new funding. PEC Israel Economic Corporation and Discount Investment Corporation were the biggest contributors to the round, together making their first investment in CosmoCom (http://www.cosmocom.com ) with $3 million. Both are subsidiaries of the IDB Holding Corporation, an Israeli business with assets in excess of $2.8 billion. Wheatley Partners and the Long Island Venture Fund, which had earlier invested in CosmoCom, also participated in this round.

The money will go to market and further develop the technology behind the CosmoCall virtual call center product. "The CosmoCall virtual call center has a valuable place in the rapidly expanding call center and ecommerce world, and major investors are recognizing the potential of this technology," said Ari Sonesh, the company's president and CEO.