Company Attributes 427 Percent Revenue Growth to Continued Innovation That is Transforming Global Communications Networks
San Mateo, Calif. – November 14, 2012 – IntelePeer, Inc.,a leading provider of on-demand, cloud-based communications, today announced it ranked No. 202 on the Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. IntelePeer’s total revenue growth from 2007 to 2011 was 427 percent.
Frank Fawzi, chairman and chief executive officer at IntelePeer, attributes the company’s groundbreaking work in leveraging the cloud to fuel specific advances and drive the IP communications transformation. Fawzi specifically cites the IntelePeer Fluent Federation-as-a-Service that leverages IntelePeer’s CloudWorx™ platform, to extend unified communications capabilities and deliver high definition voice and video communications over any public or private IP connection. CloudWorx also takes advantage of the company’s SuperRegistry® directory that enables service providers and enterprises to offer seamless multi-modal communications to more than 450 million telephone numbers.
“Being recognized as a Technology Fast 500 company illustrates IntelePeer’s position as a catalyst in the global communications shift to IP communications,” said Fawzi. “IntelePeer’s unique approach to cloud-based IP communications continues to increase our growth through strategic partners like BroadSoft, which is using IntelePeer’s Fluent Federation-as-a-Service as the foundation for its Xtended Connect global voice and video offering.”
Overall, 2012 Technology Fast 500 companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.
IntelePeer has been the recipient of some of the most prestigious awards in the industry in 2012, including:
- A Winner in 4th Annual 2012 Golden Bridge Awards
- Named to Inc. Magazine’s Annual List of Fastest-Growing American Private Companies for the Third Time
- Named to Silicon Valley/San Jose Business Journal’s First Annual Top 50 Largest Private Companies List
- Honored with 2012 NGN Leadership Award
- Named By AlwaysOn As An OnDemand Top 100 Winner
IntelePeer, Inc. is a leading provider of on-demand, cloud-based communications services that deliver high-quality voice, video and unified communications for enterprises and service providers. The IntelePeer CloudWorx™ platform combines the SuperRegistry® database, an intelligent routing solution with a global directory of more than 450 million telephone numbers and end point identifying IP addresses, an extensive Media Peering Grid™ service, and the AppWorx® development environment and tools. IntelePeer enables customers to rapidly and cost-effectively transition to IP-based communications, improving their return on investment on communications equipment and services and federate their global networks. For more information visit: www.intelepeer.com.