About Unity Business Networks
Unity Business Networks is a Telecommunications company based in Portland (United States) founded in 2003, and was acquired by Telesphere in July 2009. Integrated telecommunication services are offered to US business customers. Unity Business Networks has raised $1.06 million across 1 funding round from investors including Telesphere and Zoom Telephonics. Its focus areas include Telecom, Telecom Operators and Business Communication. Its competitors include 1&1 IONOS, Vonage and Aureon; 2 of its 3 listed competitors have raised funding.
Company details
Unity Business Networks was founded in 2003 and is based in Portland, United States. Telecommunication services are provided to business clients across the US, encompassing hosted IP telephony such as VoIP and IP PBX, local and long-distance calling, and internet connectivity. Strategic partnerships are maintained with equipment manufacturers including Cisco and Broadsoft. The company was acquired by Telesphere to extend its national presence in hosted phone and voice services.
- Headquarters Portland, United States
- Stage Acquired
- SectorsTelecommunications
- Website unitybn.com
- Social Facebook
- Acquired by Telesphere (Jul 2009)
- Total Equity Funding$1.06M (USD)
in 1 rounds
- Latest Funding Round$1.06M (USD), Seed
Jul 2007
- InvestorsTelesphere
& 1 more
- Acquired byTelesphere
(Jul 2009)
Funding Insights of Unity Business Networks
Unity Business Networks has successfully raised a total of $1.06M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.06 million completed in July 2007. 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 $1.06M
- Total Rounds 1
- Last Round Seed β $1.06M
- First Round $1.06M
(Jul 2007)
- Investors Count 1
All 1 funding rounds of Unity Business Networks 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 |
|---|---|---|---|---|---|
| Jul 2007 | $1.06M | Seed | β | β |
2 investors in total: 2 institutional.
Investors in Unity Business Networks
Unity Business Networks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Telesphere and Zoom Telephonics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of networking devices | 1977 | zoomtel.com | Boston, United States | |
UCaaS and hosted VOIP services are delivered to SMBs. | 2000 | telesphere.com | Scottsdale, United States |
Investor details for Unity Business Networks
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.
Timeline of Unity Business Networks
3 dated milestones of Unity Business Networks across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Unity Business Networks is founded.
- Funding First funding round of $1.1M.
- Exit Acquired by Telesphere.
Competitors of Unity Business Networks
Unity Business Networks has 3 listed competitors in our database, 2 of them funded. They include 1&1 IONOS, Vonage and Aureon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| vonage.com | 2001 | Holmdel, United States | $644.57M | 1,089 | Provider of contact center business communication solutions | |
| aureon.com | 1988 | West Des Moines, United States | $50.83M | 13,822 | Business telecom and contact center services are provided to enterprises. |
Detailed competitors of Unity Business Networks
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Unity Business Networks
Unity Business Networks was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Unity Business Networks is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Unity Business Networks is a funded company, having raised a total of $1.06M across 1 funding round to date. The company's 1st funding round was a Seed of $1.06M, raised on Jul 2007.
Unity Business Networks was founded in 2003 and is based in Portland, United States. Telecommunication services are provided to business clients across the US, encompassing hosted IP telephony such as VoIP and IP PBX, local and long-distance calling, and internet connectivity. Strategic partnerships are maintained with equipment manufacturers including Cisco and Broadsoft. The company was acquired by Telesphere to extend its national presence in hosted phone and voice services.
Unity Business Networks has 2 investors. Key investors include Telesphere, and Zoom Telephonics.
Yes. Unity Business Networks was acquired by Telesphere in July 2009.
