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TMCNet:  NetFortris Acquires Fonality, Creates Next Generation Cloud Service Provider

[February 21, 2017]

NetFortris Acquires Fonality, Creates Next Generation Cloud Service Provider

NetFortris, Inc., a leader in secure cloud-based communication solutions, today announced the acquisition of Fonality, Inc., an innovator in software defined unified communications as a service (UCaaS) solutions. The combination of the two companies will meet the growing needs of a converging IT and communications market by providing customers with security, network management and a state of the art UCaaS solution in one bundle.

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The addition of the Fonality (News - Alert) suite of cloud-based UCaaS solutions to NetFortris' current service offering will result in best-of-breed enterprise communications solutions and managed network services. The expanded solutions suite will better serve customer needs throughout the technology stack.

The combined company will have operating centers in three countries and provide services to more than 11,000 customers and 300,000 end users in 41 countries. Headquarters will be divided between the Seattle and Dallas offices, and NetFortris CEO Grant Evans will maintain leadership of the new company.

"Bringing Fonality into the NetFortris family was a natural fit that will benefit our customers immensely hrough the expansion of our cloud services offering-providing customers with a complete set of cloud communications, networking, security and software defined solutions," Evans said. "This expanded solution suite will enable us to further partner with our existing customers and meet the growing needs of the market, as companies seek a trusted partner to provide connectivity, security, mobility and dynamic UCaaS software solutions for communications."




NetFortris' lead investor is Spire Capital and is joined by Azure Capital, DFJ and Intel Capital (News - Alert) as the primary investors in the company.

Dentons US LLP served as legal counsel to NetFortris and Spire Capital. AGC acted as exclusive financial advisor to Fonality, while Perkins Coie LLP served as legal counsel.

About NetFortris

NetFortris provides secure cloud-based UCaaS, managed network solutions, hosted productivity applications, security and specialized applications for enterprises of all sizes. The NetFortris Cloud Solutions Platform, a proprietary cloud services management and analytics platform, provides the foundation for all NetFortris services, and delivers security, analytics, and integrated management for simple, scalable and highly secure cloud communications operations. NetFortris is based in Seattle, Washington, and serves its customers with its carrier-grade connectivity and MPLS network, business and communications applications, and expert customer focused service. To learn more about NetFortris, please visit www.netfortris.com.

About Fonality

Fonality is a leading provider of UCaaS communications software for SMEs and SMBs. Fonality was founded in 2004 and headquartered in Plano, Texas. Fonality's solutions have received numerous awards for its Heads Up Display and Advance Call Center software applications. Fonality serves more than 250,000 users, delivering expansive bundled software services that offer greater flexibility, more features and functionality, and an exceptional user experience. To learn more about Fonality, please visit www.fonality.com.


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