Global Telecom & Technology is a global telecommunications carrier and leading network integrator serving the data communications needs of large enterprise, government, and carrier clients in over 80 countries. GTT combines its own network assets with the networks of over 800 suppliers to deliver cost-effective, scalable solutions tailored to each client's requirements. Through its proprietary Client Management Database (CMD) the company streamlines service design, quotation, rapid service implementation, and global 24x7 monitoring and support. In June GTT acquired UK-based PacketExchange, a provider of customized Ethernet network solutions, which expanded GTT's portfolio of data services and increased its customer base to more than 1,200 worldwide clients. The company plans to grow both organically and via strategic acquisitions, using financing partners to scale globally. The PacketExchange purchase was funded primarily through a $7.5 million subordinated debt facility provided by BIA Digital Partners and senior facilities from Silicon Valley Bank, with BIA committing additional amounts for future acquisitions.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2011