About Peerless Network
Peerless Network is a Telecommunications company based in Chicago (United States) founded in 2008, and was acquired by Infobip in November 2021. Wholesale telecom interconnect and Wi-Fi offloading services are provided. Peerless Network has raised $14.07 million across 3 funding rounds from investors including Infobip and Square 1 Bank. The company has 130 employees. Its website peerlessnetwork.com draws about 10 thousand monthly visits. Peerless Network offers products and services including SIP Trunking and SD-WAN. Its focus areas include Telecom and Telecom Infrastructure. Its legal entity is Peerless Network, Inc.
Company details
Peerless networks provides interconnect (TDM and SIP) services in USA. Its services include originating and terminating calling services for telecommunication companies, service providers, and enterprises. It offers local transit, switched access, long distance termination, direct inward dial. It also offers wholesale mobility services like wi-fi offloading ( IP-to-IP soft handoff technology) and data management.
- Headquarters Chicago, United States
- Employees 130
- Stage Acquired
- SectorsTelecommunications
- Website peerlessnetwork.com
- Social LinkedIn X
- Acquired by Infobip (Nov 2021)
- Legal Name Peerless Network, Inc
Products & Services of Peerless Network
Peerless Network offers a comprehensive portfolio of products and services, including SIP Trunking and SD-WAN.
SIP Trunking services are delivered for automated business communications and integration with platforms like Webex and Microsoft Teams
SD-WAN solutions are provided as managed services to ensure secure and reliable data transmission for businesses
Funding Insights of Peerless Network
Peerless Network has successfully raised a total of $14.07M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million completed in January 2013. 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 $14.07M
- Total Rounds 3
- Last Round Debt – Conventional — $15M
- First Round $10.07M
(May 2009)
- Investors Count 1
All 3 funding rounds of Peerless Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2013 | $15M | Debt – Conventional | – | – | |
| Jul 2010 | $4M | Series A | – | – | – |
| May 2009 | $10.07M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Peerless Network
Peerless Network has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Infobip and Square 1 Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt, treasury, and cash management services are provided. | 2005 | square1bank.com | Durham, United States | |
Cloud-based messaging and communication solutions are provided for enterprises. | 2006 | infobip.com | London, United Kingdom |
Investor details for Peerless Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Peerless Network
708 people are tracked at Peerless Network (171 in leadership, 1 in board & advisors, 536 in team); the tracked headcount is 130.
| Name | Role | Group |
|---|---|---|
Ana Colak | Director Of Telecom Strategy | Leadership |
Matija Razem | VP, Business Development | Leadership |
Yuri Fiaschi | VP of Strategic Projects & Business Management | Leadership |
Damir Prusac | VP, Research Alliances | Leadership |
Ivan Soldo | Web And Growth Director | Leadership |
Dominic Thornton | Customer Business Director | Leadership |
Silvio Kutic | CEO | Leadership |
Izabel Jelenic | CTO | Leadership |
Adrian Benic | Chief Product Officer | Leadership |
Antonela Madunic | Global Head Of Mid Market Customer Growth | Leadership |
Keat Yieng Tan | Head Of Customer Growth | Leadership |
William Mathew | Senior Account Head - Growth [ South India Region ] | Leadership |
M Sharizan Nordin | Head - APAC Telecom & Wholesale | Leadership |
Stanislav Slavin | Engineering Director | Leadership |
Pelin Seker | General Manager | Leadership |
Dzenan Teletovic | Regional Director Operator Partnerships MENA | Leadership |
Marko Hrelja | Source To Pay Global Head | Leadership |
Sasa Erak | VP Engineering | Leadership |
Kreso Zmak | VP Products | Leadership |
Angélica Arévalo Romero | Business Strategy And Growth Director - Latam | Leadership |
688 more people are available in the full profile.
Complete people profiles for Peerless Network
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Peerless Network
4 dated milestones of Peerless Network across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Peerless Network is founded.
- Funding First funding round of $10.1M.
- Funding Latest funding round, Debt – Conventional, of $15.0M.
- Exit Acquired by Infobip.
Web traffic of Peerless Network
The website of Peerless Network (peerlessnetwork.com) receives about 10.1K visits a month.
- Monthly visits10.1K
▲ 69.5% vs previous month
Websites whose visitors overlap most with Peerless Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| inc.com | 100% | 3.8M | #17,937 | View details | |
| insideview.com | 50% | 4.8K | #4,593,774 | View details | |
investing.businessweek.com | investing.businessweek.com | 33% | – | ||
| level3.com | 24% | 14.6K | #1,390,284 | View details |
Top companies in Telecom Infrastructure
3 companies that operate in the same segment as Peerless Network (Telecom Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cables and components for telecommunication infrastructure are supplied. | 1902 | St. Louis, Missouri, United States | USD 2.72 B | 7,500 | ||
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | United States | USD 23.37 B | |||
Communications infrastructure is owned, operated, and leased to carriers. | 2014 | Boca Raton, Florida, United States | USD 730 M |
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Frequently Asked Questions about Peerless Network
Peerless Network was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Peerless Network is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Peerless Network is a funded company, having raised a total of $14.07M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.07M, raised on May 2009.
Peerless Network has 130 employees.
Peerless networks provides interconnect (TDM and SIP) services in USA. Its services include originating and terminating calling services for telecommunication companies, service providers, and enterprises. It offers local transit, switched access, long distance termination, direct inward dial. It also offers wholesale mobility services like wi-fi offloading ( IP-to-IP soft handoff technology) and data management.
Peerless Network offers SIP Trunking and SD-WAN.
Peerless Network has 2 investors. Key investors include Infobip, and Square 1 Bank.
Peerless Network operates through Peerless Network, Inc.
Yes. Peerless Network was acquired by Infobip in November 2021.