OverviewSuggest Edit

Fusion Connect (formerly Fusion Telecommunications) is a company providing business phone, network, and cloud solutions. It offers business voice products, such as cloud PBX, unified communications, contact center solutions, and others; connectivity products, including Ethernet, fiber optic and broadband Internet, and wireless broadband; networking and security products; and managed IT. The company serves healthcare, legal, and retail industries, as well as non-profits and restaurants.
TypePrivate
Founded2003
HQAtlanta, GA, US
Websitefusionconnect.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Nov 2021)434(+2%)
Job Openings29
Revenue (FY, 2017)$150.5 M(+24%)
Share Price (Jan 2020)$0
Cybersecurity ratingDMore
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Key People/Management at Fusion Connect

Brian Crotty

Brian Crotty

Chief Executive Officer
James Prenetta

James Prenetta

Executive Vice President and General Counsel
Keith Soldan

Keith Soldan

Chief Financial Officer
Tadashi Egami

Tadashi Egami

Senior Vice President, Strategic Marketing and Sales Enablement
Michael Fair

Michael Fair

Senior Vice President, Channels and Alliances
Kevin Brand

Kevin Brand

President and Chief Operating Officer
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Fusion Connect Office Locations

Fusion Connect has offices in Atlanta, Beachwood, Emporia, Fairfield and in 8 other locations
Atlanta, GA, US (HQ)
210 Interstate N Pkwy #300Atlanta
Beachwood, OH, US
23250 Chagrin Blvd #250
Emporia, KS, US
1301 Chestnut St
Fairfield, NJ, US
695 US-46 #200
Herndon, VA, US
13921 Park Center Rd
Macon, GA, US
115 Gateway Dr
Show all (12)

Fusion Connect Financials and Metrics

Summary Metrics

Founding Date

2003

Fusion Connect total Funding

$75.2 m

Fusion Connect latest funding size

$22.7 m

Time since last funding

4 years ago

Fusion Connect investors

Fusion Connect's latest funding round in May 2018 was reported to be $22.7 m. In total, Fusion Connect has raised $75.2 m
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Fusion Connect Revenue

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View revenue for all periods
Fusion Connect's revenue was reported to be $150.53 m in FY, 2017 which is a 23.3% increase from the previous period.
USD

Revenue (Q3, 2018)

143.4m

Gross profit (Q3, 2018)

70.4m

Gross profit margin (Q3, 2018), %

49.1%

Net income (Q3, 2018)

(17.6m)

EBIT (Q3, 2018)

4.0m

Cash (30-Sept-2018)

15.4m
Annual
USDFY, 2016FY, 2017

Revenue

122.0m150.5m

Revenue growth, %

23%23%

Cost of goods sold

68.1m83.0m

Gross profit

54.0m67.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

35.8m38.1m36.4m29.0m120.8m143.4m

Cost of goods sold

19.3m20.9m19.7m12.9m66.2m73.0m

Gross profit

16.5m17.2m16.6m16.1m54.6m70.4m

Gross profit Margin, %

46%45%46%56%45%49%
Annual
USDFY, 2016FY, 2017

Cash

7.2m2.5m

Accounts Receivable

9.4m13.0m

Current Assets

17.7m17.6m

PP&E

14.2m12.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

6.6m2.4m2.3m31.0m13.5m15.4m

Accounts Receivable

12.3m9.5m14.4m9.2m52.4m52.6m

Prepaid Expenses

10.4m11.3m

Inventories

1.6m2.4m
Annual
USDFY, 2016FY, 2017

Net Income

(12.7m)(14.1m)

Depreciation and Amortization

13.1m14.5m

Accounts Payable

(1.3m)5.4m

Cash From Operating Activities

326.3k5.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(3.5m)(6.4m)(10.1m)(4.2m)(31.5m)(49.1m)

Depreciation and Amortization

3.8m7.4m11.1m3.1m31.4m51.4m

Inventories

(188.0k)(922.0k)

Accounts Payable

3.6m953.9k5.8m(1.9m)25.9m25.2m
USDFY, 2016

Revenue/Employee

398.8k

Debt/Equity

11.2 x

Debt/Assets

0.8 x

Financial Leverage

14.4 x
Show all financial metrics

Fusion Connect Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Business Customer Accounts

13 k13 k

Carrier Customers

370370370370370

Distribution Partners

500500

Trademarks (US)

66
Show all operating metrics

Fusion Connect Acquisitions / Subsidiaries

Company NameDateDeal Size
IQMaxJanuary 25, 2018
RootaxcessOctober 05, 2015
PingTone CommunicationsNovember 03, 2014$10 m
Fusion Global Services, LLC
Fusion NBS Acquisition Corp.
Network Billing Systems, LLC

Fusion Connect Revenue Breakdown

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Fusion Connect revenue breakdown by business segment: 78.0% from Business Services and 22.0% from Carrier Services

Fusion Connect revenue breakdown by geographic segment: 91.8% from United States and 8.2% from International

Fusion Connect Cybersecurity Score

Cybersecurity ratingPremium dataset

D

61/100

SecurityScorecard logo

Fusion Connect Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Fusion Connect Online and Social Media Presence

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Fusion Connect Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    A+

    93/100

  • Compensation

    A+

    89/100

Learn more on Comparably

Fusion Connect News and Updates

Fusion Connect Expands Channel Team to Accelerate its Channel Program

ATLANTA, July 6, 2021 /PRNewswire/ -- Fusion Connect, a leading provider of collaboration and secure networking solutions for the connected enterprise and hybrid workforce, announced today the appointment of Samantha Zuniga as Vice President of Channel Operations and Programs, Diane...

The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of Fusion Connect, Inc. – FSNN

NEW YORK, Feb. 15, 2021 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of Fusion Connect, …

Fusion Connect Launches Calling Services for Microsoft Teams

ATLANTA, Jan. 26, 2021 /PRNewswire/ -- Fusion Connect, a trusted partner for enabling the connected enterprise, announced today that it now offers Calling Services for Microsoft Teams, extending the reach of Teams users with the ability to make calls to people outside the organization. As...

Fusion Connect Divests Wholly-Owned Primus Subsidiary in Canada to Focus on Core US Business Operations

ATLANTA, Jan. 19, 2021 /PRNewswire/ -- Fusion Connect, a trusted partner for enabling the connected enterprise, announced today the sale of its wholly-owned Primus subsidiary in Canada to Distributel, a Canadian independent communications provider offering a wide range of business,...

Fusion Connect Completes the Transformation of its C-Suite - Adds Michael Miller as Chief Information Officer

ATLANTA, Sept. 15, 2020 /PRNewswire/ -- Fusion Connect, a leading provider of advanced technology solutions and Managed Services, rounds out the senior management team with the announcement of Michael Miller as the new Chief Information Officer (CIO). In this role, Michael will leverage...

Fusion Connect Blogs

Fusion Announces Leadership Transition

Kevin Brand Appointed Interim Chief Executive Officer and Promoted to President and Chief Operating Officer ATLANTA, Oct. 7, 2019 /PRNewswire/ -- Fusion (OTC-MKTS: FSNNQ), a leading provider of cloud services, today announced that the company's Board of Directors has appointed Kevin Brand, most r…

Enterprise Accounts Continue to Expand with Fusion

Total Contract Value of Major Retailer Grows to Nearly $6.0 million since March NEW YORK, Aug. 27, 2019 /PRNewswire/ -- Fusion (OTC-MKTS: FSNNQ), a leading provider of cloud services, today announced a nearly $2 million increase in total contracted revenue with a global retailer of video, consume…

Fusion Connect Frequently Asked Questions

  • When was Fusion Connect founded?

    Fusion Connect was founded in 2003.

  • Who are Fusion Connect key executives?

    Fusion Connect's key executives are Brian Crotty, James Prenetta and Keith Soldan.

  • How many employees does Fusion Connect have?

    Fusion Connect has 434 employees.

  • What is Fusion Connect revenue?

    Latest Fusion Connect annual revenue is $150.5 m.

  • What is Fusion Connect revenue per employee?

    Latest Fusion Connect revenue per employee is $346.8 k.

  • Who are Fusion Connect competitors?

    Competitors of Fusion Connect include PCT International, Mimosa and Silicom.

  • Where is Fusion Connect headquarters?

    Fusion Connect headquarters is located at 210 Interstate N Pkwy #300Atlanta, Atlanta.

  • Where are Fusion Connect offices?

    Fusion Connect has offices in Atlanta, Beachwood, Emporia, Fairfield and in 8 other locations.

  • How many offices does Fusion Connect have?

    Fusion Connect has 12 offices.