About Fonality
Fonality is a company based in Los Angeles (United States) founded in 2004 was acquired by NetFortris in February 2017.. Fonality has raised $41.91 million across 7 funding rounds from investors including Azure Capital Partners, NetFortris and Intel Capital. Fonality offers products and services including Communications Platform, Contact Center as a Service, and Managed Security. Fonality operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Weave, among others.
- Headquarter Los Angeles, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Sangoma Technologies
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.91 M (USD)
in 7 rounds
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Latest Funding Round
$600 K (USD), Series D
Dec 17, 2015
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Investors
Azure Capital Partners
& 3 more
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Employee Count
Employee Count
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Acquired by
NetFortris
(Feb 21, 2017)
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Products & Services of Fonality
Fonality offers a comprehensive portfolio of products and services, including Communications Platform, Contact Center as a Service, and Managed Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for business collaboration and networking tools
Cloud solution for managing customer interactions
Services to protect business communications networks
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Funding Insights of Fonality
Fonality has successfully raised a total of $41.91M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $600 thousand completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $599,999
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First Round
First Round
(01 Jul 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series D - Fonality | Valuation |
investors |
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| Sep, 2014 | Amount | Series D - Fonality | Valuation |
investors |
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| Mar, 2013 | Amount | Series C - Fonality | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fonality
Fonality has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Azure Capital Partners, NetFortris and Intel Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Investments are directed toward innovative technology startups by DFJ Growth.
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Azure Capital Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fonality
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fonality
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fonality Comparisons
Competitors of Fonality
Fonality 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 RingCentral, Dialpad, Fuze, Webex and Weave, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
An AI platform is utilized for connecting employees across organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Fonality
When was Fonality founded?
Fonality was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Fonality located?
Fonality is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Fonality?
Kevin Dickens is the current CEO of Fonality.
Is Fonality a funded company?
Fonality is a funded company, having raised a total of $41.91M across 7 funding rounds to date. The company's 1st funding round was a Series C of $2M, raised on Jul 01, 2005.
What does Fonality do?
Fonality was founded in 2004 in Los Angeles, United States, as a provider of VOIP and unified communication solutions. Business phone systems are offered with integrated collaboration and contact center features, including hosted, on-premises, and hybrid cloud-based PBX options. Voicemail, instant messaging, email, calling, and conferencing are managed from a single interface. Primary sectors served include technology, real estate, education, and manufacturing.
Who are the top competitors of Fonality?
Fonality's top competitors include Dialpad, Webex and RingCentral.
What products or services does Fonality offer?
Fonality offers Communications Platform, Contact Center as a Service, and Managed Security.
Who are Fonality's investors?
Fonality has 4 investors. Key investors include Azure Capital Partners, NetFortris, Intel Capital, and DFJ Growth.