Telesphere, a nationwide business phone and Internet services provider, announced it has successfully closed on more than $15 million in additional private equity funding. The funds will be used to continue the company’s market build and acquisition-based expansion plans into multiple new markets by 2010. The round of funding includes participation of current Telesphere investors, including Rally Capital, Hawkeye Investments LLC and Greenspun Corporation. The company was represented in the financing by Snell and Wilmer, LLP.