A high level of interconnection is needed for telecommunication services, such as high-definition voice and video, to work between different networks. By giving each phone number its own internet protocol address, XConnect solves the problem of network incompatibility, which would otherwise limit communication. In the last year this London company has signed a four-year deal with Germany-based DE-CIX, the world’s biggest internet exchange. Growing demand for cross-network services helped sales grow 82% a year from £1.5m in 2008 to £9.3m in 2011, under founder Eli Katz.

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
Year2012
Rank34
CompanyXConnect
ActivityTelecoms services provider
LocationNorth London
Average 3 year sales growth82.17%
Latest sales £000s*9,331
Staff55
Founded2005
Websitewww.xconnect.net

If applicable:

* supplied by company † annualised figure