NetFortris Overview
- Year Founded
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1994
- Status
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Acquired/Merged
- Employees
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250
- Latest Deal Type
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M&A
- Financing Rounds
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6
- Investments
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3
NetFortris General Information
Description
Provider of unified communications as a service (UCaaS) and managed information technology (IT) network services intended for small and medium-sized businesses and enterprises. The company specializes in cloud communications, networking, and security and offers hosted voice-over-internet protocol (VoIP) telecommunications services, managed access, and other value-added services.
Contact Information
Website
www.netfortris.com(Operating Subsidiary)
Corporate Office
- 5340 Legacy Drive
- Suite 155
- Plano, TX 75024
- United States
Corporate Office
- 5340 Legacy Drive
- Suite 155
- Plano, TX 75024
- United States
NetFortris Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
NetFortris Comparisons
Industry
Financing
Details
NetFortris Competitors (8)
One of NetFortris’s 8 competitors is Evolve IP, a Private Equity-Backed company based in King of Prussia, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Evolve IP | Private Equity-Backed | King of Prussia, PA | ||||
| Wolf Technology Group | Corporation | Portland, ME | ||||
| Vonage Holdings | Formerly PE-Backed | Holmdel, NJ | ||||
| 8X8 | Corporation | Campbell, CA | ||||
| Systemware (US) | Corporation | Addison, TX |
NetFortris Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
NetFortris Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
NetFortris Investments & Acquisitions (3)
NetFortris’s most recent deal was a Buyout/LBO with Fonality. The deal was made on 21-Feb-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Fonality | 21-Feb-2017 | Buyout/LBO | Communication Software | ||
| AuBeta Networks | 27-Mar-2009 | Merger/Acquisition | Cable Service Providers | ||
| SkyWi (VoIP Operations) | 04-Feb-2009 | Merger/Acquisition | Telecommunications Service Providers |
NetFortris FAQs
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When was NetFortris founded?
NetFortris was founded in 1994.
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Where is NetFortris headquartered?
NetFortris is headquartered in Plano, TX.
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What is the size of NetFortris?
NetFortris has 250 total employees.
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What industry is NetFortris in?
NetFortris’s primary industry is IT Consulting and Outsourcing.
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Is NetFortris a private or public company?
NetFortris is a Private company.
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What is the current valuation of NetFortris?
The current valuation of NetFortris is .
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What is NetFortris’s current revenue?
The current revenue for NetFortris is .
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How much funding has NetFortris raised over time?
NetFortris has raised $31M.
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Who are NetFortris’s investors?
Altos Ventures, Azure Capital Partners, Industry Ventures, Spire Capital, and TPx Communications are 5 of 6 investors who have invested in NetFortris.
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Who are NetFortris’s competitors?
Evolve IP, Wolf Technology Group, Vonage Holdings, 8X8, and Systemware (US) are some of the 8 competitors of NetFortris.
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When was NetFortris acquired?
NetFortris was acquired on 28-Mar-2022.
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Who acquired NetFortris?
NetFortris was acquired by Sangoma Technologies.
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