Sonus Networks is now part of Ribbon Communications, a company with 20 years of experience in real-time communications. With a presence in 64 locations across 27 countries, Ribbon Communications focuses on transforming fixed, mobile, and enterprise networks from legacy environments to secure IP and cloud-based architectures. This shift allows for highly productive communications for consumers and businesses. The company's Kandy Communications Platform as a Service (CPaaS) enables rapid service creation in a fully virtualized environment, offering a comprehensive set of advanced embedded communications capabilities. The company received a $23.00M Venture Round investment from noteworthy investors including Bessemer Venture Partners, CRV, and Samsung Electronics on 15 December 1999. This investment signifies a strong backing from key players in the industry, paving the way for continued growth and innovation in the global communications landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $23.00M | 10 |
|
15 Dec 1999 |
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