Fusion Connect

Costa Mesa, United States Founded: 1997 • Age: 29 yrs Acquired By Best Buy
Fusion Connect is recognized as a provider of business phone, network, and cloud solutions.
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About Fusion Connect

Fusion Connect is a company based in Costa Mesa (United States) founded in 1997 was acquired by Best Buy in March 2007. It operates as a SaaS (Software-as-a-Service), and Managed Services. Fusion Connect has raised $24 million across 2 funding rounds from investors including Best Buy, 3i Group and Headline. Fusion Connect offers products and services including Hosted Voice (VoIP), Dedicated Internet Access, Contact Center as a Service (CCaaS), and Unified Communications (UCaaS). Fusion Connect operates in a competitive market with competitors including 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.

  • Headquarter Costa Mesa, United States
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fusion Connect
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $24 M (USD)

    in 2 rounds

  • Latest Funding Round
    $24 M (USD), Series D

    Mar 16, 2004

  • Investors
    Best Buy

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Best Buy

    (Mar 27, 2007)

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Products & Services of Fusion Connect

Fusion Connect offers a comprehensive portfolio of products and services, including Hosted Voice (VoIP), Dedicated Internet Access, Contact Center as a Service (CCaaS), and Unified Communications (UCaaS). 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.

Primary

Hosted VoIP is provided for business communication efficiency.

High-speed internet is delivered for business-critical applications.

Cloud-based solutions are offered for customer interaction management.

Collaboration tools are provided for seamless team communication.

Funding Insights of Fusion Connect

Fusion Connect has successfully raised a total of $24M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $24 million completed in March 2004. 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 Rounds 2
  • Last Round Series D — $24.0M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2004 Amount Series D - Fusion Connect Valuation 3i Group , Headline
Jun, 2002 Amount Debt – Venture - Fusion Connect Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fusion Connect

Fusion Connect has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Best Buy, 3i Group and Headline. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on mid-market businesses
Founded Year Domain Location
Investments are made in early-stage tech startups across multiple sectors.
Founded Year Domain Location
Early-stage US tech companies are invested in by the firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fusion Connect

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fusion Connect

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fusion Connect Comparisons

Employees
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Competitors of Fusion Connect

Fusion Connect 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. 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 infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of contact center business communication solutions
domain founded_year HQ Location
Cloud-based DNS, DHCP appliances, and security solutions are provided.
domain founded_year HQ Location
Connectivity, voice, and data center solutions are provided by Viatel.
domain founded_year HQ Location
Global audio, web, and video conferencing solutions are provided.
domain founded_year HQ Location
Business telecom and contact center services are provided to enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Fusion Connect

When was Fusion Connect founded?

Fusion Connect was founded in 1997 and raised its 1st funding round 5 years after it was founded.

Where is Fusion Connect located?

Fusion Connect is headquartered in Costa Mesa, United States. It is registered at Costa Mesa, California, United States.

Who is the current CEO of Fusion Connect?

Brian Crotty is the current CEO of Fusion Connect.

Is Fusion Connect a funded company?

Fusion Connect is a funded company, having raised a total of $24M across 2 funding rounds to date.

What does Fusion Connect do?

Fusion Connect, formerly known as Speakeasy, is established as a provider of business communication and connectivity solutions. Services are offered in sectors such as telecommunications and cloud computing, focusing on small to medium businesses and enterprises. Solutions including Hosted Voice (VoIP), Unified Communications (UCaaS), Contact Center as a Service (CCaaS), and Dedicated Internet Access are provided. Connectivity options like Fiber Internet and Wireless Broadband are managed to ensure reliable business operations. Integration with platforms such as Microsoft Teams and Cisco Webex is supported to enhance collaboration. Scalable and secure services are delivered to meet diverse business needs nationwide.

Who are the top competitors of Fusion Connect?

Fusion Connect's top competitors include 1&1 IONOS, Vonage and Viatel.

What products or services does Fusion Connect offer?

Fusion Connect offers Hosted Voice (VoIP), Dedicated Internet Access, Contact Center as a Service (CCaaS), and Unified Communications (UCaaS).

Who are Fusion Connect's investors?

Fusion Connect has 4 investors. Key investors include Best Buy, 3i Group, Headline, and Granite Ventures.

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