NetFortris (or the “Company”) is a provider of hosted communications and managed IT network solutions to small and medium-sized business (“SMB”) and enterprise customers. The Company’s offerings include hosted Voice-over Internet Protocol (“VoIP”), managed access / MPLS services and value-added services including managed firewalls, security solutions, PCI compliance, etc. NetFortris serves over 500 customers which range from SMB customers to larger, multi-location enterprises – the Company’s customers operate in a variety of sectors including retail, financial services, technology, and healthcare, among others. NetFortris delivers its security, communications and other IT services through a national MPLS network as well as its core fiber footprint in California. The Company’s private MPLS network provides access to all U.S. markets through regional points-of-presence in 14 key markets such as San Francisco, Los Angeles, Denver, Chicago, New York, et al. Currently, the Company has approximately 130 employees (including outsourced employees) whereby more than 80% are spread among NetFortris’ domestic locations in San Francisco, CA (headquarters), Seattle, WA, or in remote locations. The remaining employees are located in the Company’s offshore location in San Salvador, El Salvador.
Investment InformationInitial Investment Date: January 27, 2014
Status: Current Fund III Portfolio Company
Type of Investment: Fund III
Headquarters: San Francisco, CA