Fonality Inc.
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Fonality Inc. - overview
Established
2004
Location
Plano, TX, US
Primary Industry
Marketing/Advertising
About
Fonality Inc. is a provider of cloud-based communication solutions, focusing on enhancing business collaboration through Unified Communications as a Service (UCaaS) and other integrated services. Fonality Inc. specializes in cloud-based business communication solutions, allowing companies to streamline their operations.
Founded in 2004 in Plano, US, the company has undergone strategic shifts and was acquired by NetFortris, Inc. in February 2017. The founder's individual history is not publicly documented. Fonality has successfully raised a total of USD 14.
38 mn across multiple funding rounds, with the latest being a Venture Debt round on February 21, 2017, where Trinity Capital Investment participated. Fonality offers a suite of communication solutions including Unified Communications as a Service (UCaaS), Communications Platform as a Service (CPaaS), and managed network services. Their products cater to various sectors such as education, healthcare, hospitality, manufacturing, and retail, providing tailored solutions to enhance operational efficiency. With over 100,000 customers globally, Fonality's services are utilized across North America, Europe, Asia, and beyond, featuring integration options for cloud, hybrid, or on-premises deployments.
Fonality generates revenue from subscription models and one-time service fees linked to its communication solutions. Its customers typically enter contractual agreements for UCaaS and CPaaS, ensuring predictable monthly billing. The company’s revenue stream is supported by managed security and network services, as well as flagship products like video conferencing tools and contact center solutions, which emphasize flexibility in pricing to meet diverse budgetary needs. Following its acquisition by NetFortris, Inc.
, Fonality plans to leverage recent funding to enhance its product offerings and explore new markets. The company is focusing on the development of new communication tools and expanding its reach into international markets. The specifics of upcoming product launches and geographic expansions are currently under strategic planning.
Current Investors
Trinity Capital Investment, Azure Capital Partners, Intel Capital
Primary Industry
Marketing/Advertising
Sub Industries
Public Relations & Communications, Social Networking & Communication Platform, Conferencing Software
Website
www.fonality.com
Verticals
Cloud Computing
Total Amount Raised
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