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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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AtlantaInformation TechnologySoftware