PHOENIX and DENVER (OCTOBER 7, 2009) –Telesphere, a nationwide hosted PBX business phone and Internet services provider, today announced the closing of additional financing, totaling $32 million over the past 24 months.
“This capital will be used to reinvest heavily in the company to ensure that we are continually able to provide award-winning customer service and expand capabilities for our clients as well as growing our presence across the United States,” said Telesphere Chief Executive Officer Clark Peterson.
The funding news comes on the heels of Telesphere’s July announcement that it would acquire the VoIP services business of Denver-based Unity Business Networks. The acquisition has now closed after receiving FCC approval.
“Today’s news is yet another exciting chapter in the Telesphere story as we bring Unity Business Networks and its high-quality team and exceptional customer base into the Telesphere family,” Peterson said.
“We intend more