[July 01, 2011] Pac-West Reveals Further Investment from Parent Company Columbia Ventures Tweet Jul 01, 2011 (Close-Up Media via COMTEX) -- Pac-West Telecomm, Inc., a provider of telecommunications services, announced that Columbia Ventures Corp. (CVC), Pac-West's parent company, has invested additional capital that will allow Pac-West to continue expanding and developing its origination offerings and cloud-based Telastic service line in order to meet the demands of its customers. According to a release, the investment comes as the telecom industry continues to see astronomical movement in the worldwide VoIP market and Pac-West faces intensifying interest in its on-demand, cloud-based Telastic technology. The investment enables Pac-West to roll-out features in response to their Telastic customer base while maintaining a high level of customer service for its core origination service customers. "Pac-West has leveraged cloud-based services with our Telastic line in a manner that has completely changed what is possible for us to provide to our customers," said Jim Hensel, CEO of Pac-West. "The choice that CVC has made to invest additional resources into Pac-West for support of these efforts is indicative of a larger commitment they're making to our customers and that Pac-West's strategic direction is in line with the future of the industry." Since its debut in September 2010, Pac-West has continued to evolve the line of Telastic cloud-based services, including the launch of a reseller program for Telastic White-Label Hosted VoIP and the announcement that its hosted Telastic border controller would be additionally available as a software. More company information: www.pacwest.com/about-us.php ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]