Loop Up
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Loop Up - overview
Established
2003
Location
London, -, UK
Primary Industry
Software
About
LoopUp is a telecommunications company that specializes in providing a comprehensive solution for global telephony management, focused on enhancing Microsoft Teams communication across multinational enterprises. Founded in 2003 in London, UK, LoopUp offers a streamlined platform for managing telephony services. The company raised funding in May 2006, securing support from Adara Venture Partners. LoopUp has established itself as a key player in the telecommunication sector by offering integrated solutions for businesses operating in over 100 countries.
LoopUp’s primary offering is a comprehensive solution for multinational enterprises to manage their global Microsoft Teams telephony. This service includes phone numbers and a fully cloud-based PSTN-replacement, allowing users to consolidate their telecommunications across more than 100 countries. The company addresses the challenges faced by businesses that operate with multiple regional carriers, offering a single, integrated system for telephony design, deployment, service delivery, and support that aligns seamlessly with Microsoft Teams. LoopUp’s clientele consists of enterprises that require robust and efficient telephony solutions, benefiting from the streamlined management of voice communications without the complications of dealing with various contracts and regional service providers.
The solutions are available in diverse markets, including North America, Europe, and the Asia-Pacific region, ensuring global coverage and support tailored to multinational corporate needs. LoopUp generates revenue primarily through its subscription-based model, offering services that allow businesses to manage their telephony needs collectively. Clients subscribe to LoopUp's services, which include various pricing plans structured around the features utilized, such as Operator Connect and Direct Routing for Microsoft Teams. This model enables customers to engage in direct transactions with LoopUp, facilitating a more straightforward billing process.
The company’s offerings, particularly noted for their reliability and quality, attract enterprises seeking to enhance their cloud communication capabilities. Revenue is derived from annual and monthly subscriptions, depending on the scale and requirements of the client’s telephony services. LoopUp is focused on leveraging its recent funding from May 2006 to enhance product offerings and expand its market presence. The company is planning to introduce new features tailored for Microsoft Teams users, with specific release dates to be announced.
Additionally, LoopUp aims to penetrate new markets in Asia-Pacific and Europe, targeting a broader clientele by the end of 2023. This strategic growth initiative is designed to address the increasing demand for integrated telecommunication solutions globally.
Current Investors
Adara Ventures
Primary Industry
Software
Sub Industries
Conferencing Software
Website
http://www.loopup.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only

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