One Source Networks (OSN), an Austin, TX-based cloud and managed services partner for large enterprises, received a minority investment with ABRY Partners.
The investment – of undisclosed amount – will provide working capital as well as funds for continued business expansion, including new global points of presence that OSN is currently deploying to grow reach and ensure delivery of services such as unified communications (UC).
Led by Ernest Cunningham, chief executive officer, and Jim Tipton, chief financial officer, One Source Networks is a provider of innovative managed communications solutions for the Fortune 1000. Via its global network infrastructure with interconnection to more than 200 global suppliers, the company delivers access to cloud-based voice, video, security and computing applications, as well as enterprise networking and infrastructure services.
It also acquired cloud-managed solutions provider OuterNet in January 2013.
FinSMEs
11/11/2013