Why One Virtual PBX Provider is on a Roll

Last year Nextiva had a growth rate of 1,548 percent. That’s pretty impressive. Not many tech businesses with operating revenue in the millions can offer up such growth—only 80, to be precise.

Nextiva recently was listed as the 80th fastest growing tech company last year according to Deloitte's recently released Technology Fast 500. The Technology Fast 500 is an annual list of the fastest-growing technology firms in North America.

“We're the No. 2 ranked company within the communications/networking sector, while the company in front of us is a Wi-Fi and networking business and not a telecom company," noted Tomas Gorny, CEO of Nextiva, in a congratulatory email to employees.

The growth of the company reflects its place within the VoIP and virtual PBX industry, where it has had even more success than its recently noteworthy competitor, Telesphere. Earlier this year Telesphere was purchased by Vonage.

Nextiva offers the full range of IP-based calling solutions, from hosted small-business solutions to large contact center services, hosted PBX and SIP trunking.

Many of the top global telecommunications providers use its unified communications platform, including 18 of the top 25 providers globally. This list of big telecom clients includes SwissCom, Korea Telecom, SingTel and Telstra. This is no surprise since the platform was developed by more than 1,500 engineers, according to the company.

Its NextOS cloud-based phone system delivers turnkey unified communications and disaster recovery with no overhead for users, which use NextOS as a cloud service instead of having to install and maintain hardware.

Firms of all types are using its VoIP solutions, including 90,000 businesses.

For between $19.95 and 29.95 per month, Nextiva gives businesses unlimited calling, voicemail and fax to email, call recording, interactive voice response, a mobie app for using the “office phone” on the go, and high-definition voice.

The company has the complete package and is anything but crusty in its technology and awareness of the trends. Which is pretty much what you need for growth that is more than 1,000 percent.

Edited by Alisen Downey