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Private equity investors support Cloud Communications Alliance

Several private equity investors have acknowledged support for the Cloud Communications Alliance, a consortium of eight companies that aims to drive development and adoption of the first nationwide high-definition enterprise voice and data network in the IP cloud.

The alliance was launched at the Cloud Computing Expo being held this week in New York City.

“The same way the internet and ubiquitous broadband have created a boom in cloud computing, we are now seeing changes in the way enterprises communicate via cloud communications,” says Dennis Weibling, managing director of telecommunications firm Rally Capital. “Cloud communications is currently being served by many geographically dispersed companies, so the banding together of top providers into the Cloud Communications Alliance will create a nationwide network that will increase the availability of voice solutions in the cloud, driving innovation in that space. Providing new and creative voice solutions to customers, in turn, will drive investment and growth.”

Founding members of the Cloud Communications Alliance include Alteva, Broadcore, Callis Communications, Consolidated Technologies, IPFone, SimpleSignal, Stage 2 Networks and Telesphere.

Together, the companies represent more than USD100m in combined annual revenue and collectively serve more than 110,000 business customers in the US.

Doug Webster (pictured), managing director of Signal Hill Capital, says: “Similar to computing and storage, the demand for a cloud communications-type service offering is growing significantly. The fact that these companies are working together and finding ways to increase their national footprint and speed development of technology and OSS platforms to bring critical mass to the sector will make investment more attractive and customer adoption more likely.”

Cloud Communications Alliance members aim to promote awareness of the Cloud Communications standard and drive its development through the pursuit of new technical standards, capabilities and applications.

The alliance will also jointly deliver services directly to customers, taking advantage of the nationwide coverage provided by its established, regionally owned and operated service provider membership.

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