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Business VoIP Provider Nextiva Receives New Growth Funding

April 19, 2012
By Rajani Baburajan, Business VoIP Contributor

Nextiva, a provider of a robust portfolio of business VoIP solutions, offers a complete digital phone system that provides small businesses with a host of affordable features.

Today, in a major development, Nextiva said it has received a new round of funding from both private equity and venture capital investors.  The new round of funding will support the company’s 2012 business plans that aim to secure the company’s technology development, hiring, as well as sales, marketing tools and resources. It will also help Nextiva to maintain its leadership position and differentiate itself from other telecommunications providers

“At Nextiva, we take pride in our ability to secure ongoing relationships with new customers and hire the best and brightest talent to deliver Amazing Service to them,” says Yaniv Masjedi, VP at Nextiva, in a statement.

With these investments, Nextiva aims to dramatically enhance its footprint within the business VoIP market. Recent research has projected the VoIP market to grow at a CAGR of 15 percent in North America and at a global rate of 16.6 percent by 2015.

“The company’s recent explosion of hiring, training and expansion to support the new VoIP services that will soon be available makes the environment at the office so exciting, it’s contagious,” Masjedi added. “We are confident in our ability to maintain a leadership position in the VoIP market and empower our customers to achieve new levels of efficiency and success.”

In addition, the company powers solutions including a virtual PBX, auto attendant, voicemail to email, emergency 911 and online faxing, and is touted as providing its customers with an ultra high level of service.

The company has demonstrated more than 100 percent growth year over year since its inception..

Recently, Nextiva’s business VoIP solutions won the prestigious Product of the Year award from Technology Marketing Corporation (TMC), an integrated global media company. This is the second consecutive year the business VoIP provider has won this award, highlighting the fact that it is doing many things right to enable its customers to succeed now and in the long term.

Edited by Jamie Epstein

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