202331 Oct

Alianza Raises $61M in Funding

Summary

Alianza, a Pleasant Grove, UT-based cloud communications platform for service providers, raised $61m in equity and debt financing. The equity round was supported by a syndicate of undisclosed institutional investors, as well as strategic partners. The company intends to use the funds to: • Expand its sales team to further penetrate current market opportunities. • Accelerate delivery of its previously announced commitment to invest $200m in research and development to empower cloud communications innovation for service providers. Led by Brian Beutler, founder and CEO, Alianza is a communications cloud for service providers.

Source: Finsmes

Funding

$61M
Amount
Oct 31 2023
Date
-
Investor
Alianza
Company

Classifications

Companies