XConnect

For high-definition voice and video services to work, different telecoms networks need a high level of interconnectivity. By giving each telephone number its own internet protocol address, XConnect solves the problem of network incompatibility, which would otherwise limit communication. Led by founder Eli Katz, the London business secured £13.5m in private equity funding between 2007 and 2009, from Accel Partners and Venrock Associates, among others. Sales grew 172% a year from an annualised £356,000 in 2007 to £7.1m in 2010.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2011
Rank5
CompanyXConnect
ActivityTelecoms services provider
LocationNorth London
Average 3 year sales growth171.68%
Latest sales £000s*7,135
Staff47
Founded2005
Websitewww.xconnect.net

If applicable:

* supplied by company † annualised figure