Buying Vonage for the long-only portfolio

Bought ~£10,000 of Vonage stock, trading today at $6.44. http://finance.yahoo.com/q?s=vg

 

Market cap of $1bn. This to me seems low for a company that has had decent success with market penetration of internet phones. Plus I know many businesses are using their technology. Yes I've read that profits seem a long way off, but with a small market cap like this, you've got to think some of the majors have their eyes on this company, as there is plenty value in having a decent subscriber base.

 

Anyway, it's now in the long-only portfolio along with Whole Foods which I bought yesterday.