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SAN FRANCISCO, June 17, 2014 /PRNewswire/ -- Nexmo, a leading cloud communication API company, today announced that it has been recognized by Lead411, which provides information, news, and research about U.S. companies and their executives, with a "Hottest Companies in San Francisco" award.
The team from Lead411 researches the Web on a daily basis to identify key information regarding fast growing companies, including venture financings, company launches, hiring plans and much more. This research has provided Lead411 with keen insight into the leading companies in the U.S. and, as a result, they have named Nexmo as one of the "Hottest Companies in San Francisco." To qualify for the award, all nominated businesses must be in either the software, wireless, Internet, hardware, or media industry, be a privately held organization and meet a specific financial growth criteria with a 100% revenue increase over the past two years or to have garnered over $3 million in funding in the past two years.
Nexmo not only met, but exceeded the award criteria. The company has experienced rapid growth in all business categories as Nexmo's revenue grew from $8 million in 2012 to an over $40 million run rate in 2013. Nexmo expects to pass $60M in revenue in 2014, and grow to 95 employees. Nexmo has raised $22 million in venture capital since its founding, including a series C funding round of $18 million led by private equity fund Sorenson Capital in January 2014. Nexmo's growth has been fueled by the need to bring the global telecommunications infrastructure into the 21st century. This is done by providing businesses with an easy to use SMS and Voice APIs, which make it simple to communicate with an ever increasingly global user base.
"We are honored to receive this prestigious award from Lead411, in recognition of our growth due to Nexmo's essential role as an enabler in the changing communication space," said Tony Jamous, CEO, Nexmo. "We are expanding our innovative, cloud-based mobile communication solutions rapidly worldwide, and our company and revenue is growing in unison."
Nexmo's cloud-to-mobile solutions provide comprehensive cloud APIs enabling app developers and enterprises to reach customers and devices in any geography around the world via innovative mobile text-messaging and voice-messaging experiences. Nexmo's unique direct-to-carrier approach, adaptive routing and real-time analytics enable unmatched quality of delivery and end-user experience while controlling common latency, security and cost challenges.
Companies and apps such as Airbnb, Alibaba, Line, Viber, and WeChat use Nexmo for their business critical, international communication needs. For customer success stories, please visit: https://www.nexmo.com/customers/.
Since 2011, Nexmo (www.nexmo.com) has extended the cloud experience to handsets around the world, delivering both high quality messaging and voice capabilities to application developers and enterprises worldwide. High volume communication players such as Airbnb, Line, and Viber send millions of messages per month using Nexmo's Cloud API. Nexmo is headquartered in San Francisco, with regional headquarters in London and Hong Kong. The company has received investments from NHN Investment in South Korea, Intel Capital in Silicon Valley and US-based Sorenson Capital among others.
Lead411 provides information, news, and research about U.S. companies and their executives. Founded in 2001, its goal has been to focus on quality corporate data that is valid and useful rather than producing as many company records as possible. In addition, Lead411 tracks company news in order to alert its customers about venture financing, new hires, hiring plans, etc. Customers include Gartner, Administaff and ADP.
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