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Venture Capital News: Alianza Scoops Up $61M

2023-10-31
PLEASANT GROVE, UT, Alianza, the leading cloud communications platform for service providers, today announced it raised $61 million in new growth equity and debt financing.
The latest round reflects a 70% increase in valuation for the company since March 2021. The equity round is supported by a syndicate of undisclosed institutional investors, as well as strategic partners. The debt financing was provided by Texas Capital Bank.

Alianza is the communications cloud for service providers. We help our customers supercharge growth, reduce costs, and transform into modern techcos. With Alianza, service providers can navigate the end of the softswitch era and upgrade to a cloud-native solution to power both legacy voice and next-gen cloud communications services - including cloud meetings, collaboration, and text messaging.
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