About AiTech
AiTech is a company based in Edina (United States) founded in 1993 by Greg Lohrenz was acquired by Evolve IP in July 2018. AiTech operates in a competitive market with competitors including 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.
- Headquarter Edina, United States
- Founders Greg Lohrenz
- SectorsTelecommunications
- Phone•••• ••••
- Website aitech.net
- Social LinkedIn Facebook
- Acquired by Evolve IP (Jul 2018)
Investors in AiTech
AiTech has secured backing from 1 investor. Prominent investors backing the company include XTIUM.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based unified communications and virtual infrastructure services are provided. | 2006 | evolveip.net | Wayne, United States |
Investor details for AiTech
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People of AiTech
1 people are tracked at AiTech (1 in leadership).
| Name | Role | Group |
|---|---|---|
Greg Lohrenz | Founder & CEO | Leadership |
Complete people profiles for AiTech
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Timeline of AiTech
2 dated milestones of AiTech across 25 years, from founding to its latest funding, stage changes and deals.
- Founded AiTech is founded.
- Exit Acquired by Evolve IP.
Competitors of AiTech
AiTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| vonage.com | 2001 | Holmdel, United States | $642.33M | 1,089 | Provider of contact center business communication solutions | |
| bluecatnetworks.com | 2001 | Toronto, Canada | $27.8M | – | Cloud-based DNS, DHCP appliances, and security solutions are provided. | |
| viatel.com | 1991 | Dublin, Ireland | – | – | Connectivity, voice, and data center solutions are provided by Viatel. | |
| arkadin.com | 2001 | Paris, France | $20.77M | – | Global audio, web, and video conferencing solutions are provided. | |
| aureon.com | 1988 | West Des Moines, United States | $50.83M | 13,822 | Business telecom and contact center services are provided to enterprises. | |
| dialog.lk | 1993 | Colombo, Sri Lanka | – | – | Telecommunication services are delivered across Sri Lanka by Dialog Axiata. | |
| nfon.com | 2009 | Munich, Germany | $5.3M | 471 | Cloud telephony systems are provided across Europe for businesses. | |
| daisygroup.com | 2001 | Nelson, United Kingdom | $60.9M | 1,862 | End-to-end telecom solutions are delivered to UK SMEs. | |
| panterranetworks.com | 2001 | Santa Clara, United States | $13.02M | 50 | Business cloud based unified communications and contact center solutions provider |
Detailed competitors of AiTech
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Similar companies to AiTech
10 companies that operate in the same segment as AiTech (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | – | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Frequently Asked Questions about AiTech
AiTech was founded in 1993.
AiTech is headquartered in Edina, United States. It is registered at Edina, Minnesota, United States.
Greg Lohrenz is the current CEO of AiTech. They have also founded this company.
AiTech was founded in 1993 in Edina, United States, as a telecom provider focused on business telephony. Local and long-distance calling, hosted PBX systems, SIP trunking, audio and web conferencing, managed data via MPLS, and related equipment and support are offered. Wholesale network services are also supplied. The company was acquired by Evolve IP in July 2018 to support expansion.
AiTech has 1 investor. Key investors include XTIUM.
Yes. AiTech was acquired by Evolve IP in July 2018.