Bengaluru: Ozonetel Communications, a provider of cloud communication services, has raised its first institutional capital in nearly one-and-a-half decades to make the most of the covid-induced surge in demand for remote working solutions.

The company has a goal of hitting the $100 million annual recurring revenue mark in the next four years, he said. The company said that while it will hire sales and marketing teams in the US, it will continue to focus on the Southeast Asia and Middle Eastern markets, while also growing its presence in India.

Bootstrapped Ozonetel Communications Gets First Funding In 14 Years

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Bootstrapped Ozonetel Communications Gets First Funding In 14 Years

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