fonYou continues its successful international expansion and announces the opening of a new office in San Francisco.
After Barcelona and Mexico City the Company has just opened its third office in San Francisco to better serve the US and Canadian markets with its innovative cloud telephony and smart prepay solutions.
At the same time the Company announces the successful closing of a USD 1.3M debt financing round from a consortium of Spanish banks to support its ongoing expansion with carriers in emerging markets.
fonYou’s move to Silicon Valley will also provide a base for its next wave of innovation. The Company plans to make its proprietary technology platform, the OMT-9000, completely cloud based to further accelerate the integration with its carrier clients.
fonYou has closed a number of deals with new clients this year and is currently rolling out its services with these clients. The next launches are expected early in 2016.
fonYou is a pioneering technology company that develops smart prepay and cloud telephony services for the telecom sector. Its clients are mobile carriers from anywhere in the world.
fonYou helps these mobile carriers respond to the pressing challenges they face today: Their basic services voice, SMS and data are becoming a commodity and the prices for these services are going down continuously. Consequently, carriers need to identify and introduce new services to compensate for the losses from their traditional business. fonYou has found the solution to this challenge, both through the services it develops as well as through the way it works with its carrier clients.
fonYou has offices in Barcelona, Mexico City and San Francisco.