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Fusion Connect Raises $55M In New Investment Round To Accelerate Growth

PRIVATEJan 19, 2022•over 4 years ago

Amount Raised

$55 Million

Round Type

Venture - Series Unknown

AtlantaInformation TechnologySoftware

Description

Fusion Connect, a leading managed security service provider of cloud communications and secure network solutions, announced today that it raised $55M in preferred equity and refinanced a $60M credit facility as part of an overall recapitalization of its balance sheet, providing full funding for its long-term growth strategy, while simultaneously reducing debt by over 80%.

Company Information

Company

Fusion Connect

Location

Atlanta, Georgia, United States

About

Fusion Connect manages, orchestrates, and secures the critical technology infrastructure that enables the connected enterprise. We tailor our highly available and secure cloud communication, collaboration, security, and network management platforms to meet the unique needs of our mid-market and enterprise customers. Our AI-based management systems, along with our highly skilled technicians, dynamically ensure world-class application performance under any conditions.

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