When was Peerless Network founded?

Peerless Network was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is Peerless Network located?

Peerless Network is headquartered in Chicago, United States. It is registered at Chicago, Illinois.

How many employees does Peerless Network have?

As of Sep 30, 2026, the latest employee count at Peerless Network is 89.

Is Peerless Network a funded company?

Peerless Network is a funded company, having raised a total of $14.1M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 11, 2009.

When was the latest funding round of Peerless Network?

Peerless Network's latest funding was a $***** Conventional Debt round on Jan 11, 2013, with participation from 1 investor. Its primary sector is Telecom Infrastructure. In United States, the Telecom Infrastructure sector has seen $9.94B in funding in 2026 to date.

Peerless Network - 2026 Company Profile, Team & Funding

Q: Is Peerless Network an acquired company?

Peerless Network got acquired by Infobip on Nov 03, 2021.

Peerless Network is an acquired company based in Chicago (United States), founded in 2008 by Scott Kell. It operates as a Wholesale telecom interconnect and wi-fi offloading solutions provider. Peerless Network has raised $14.1M in funding.

Company Details

Peerless networks provides interconnect (TDM and SIP) services in USA. Its services include originating and terminating calling services for telecommunication companies, service providers, and enterprises. It offers local transit, switched access, long distance termination, direct inward dial. It also offers wholesale mobility services like wi-fi offloading ( IP-to-IP soft handoff technology) and data management.

Website: www.peerlessnetwork.com/
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Registered Address: Chicago, Illinois

Key Metrics

Founded Year

2008

Location

Chicago, United States

Stage

Acquired

Total Funding

$14.1M in 3 rounds

Latest Funding Round

Conventional Debt, Jan 11, 2013, $*****

Investors

Adams Street Partners & 4 more

Employee Count

89 as on Sep 30, 2026

Exit Details

Acquired by Infobip (Nov 03, 2021)

View Peerless Network's full profile

Peerless Network is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Peerless Network, Inc. CIN: 943479638 , United States, Active	Dec 26, 999	-	139 (As on Dec 31, 2021)	-

Peerless Network got acquired by Infobip on Nov 03, 2021 at an acquisition amount of $*****.

Click here to take a look at Peerless Network's acquisition in detail

Peerless Network has raised a total funding of $14.1M over 3 rounds. Its first funding round was on May 11, 2009. Its latest funding round was a Conventional Debt round on Jan 11, 2013 for $*****. 1 investor participated in its latest round. Peerless Network has 5 institutional investors.

Here is the list of recent funding rounds of Peerless Network:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 11, 2013	4240595	Conventional Debt	2561805	6929945	4747997	2473920
Jul 27, 2010	6181543	Series A	5176974	5357009	5677113	6913285
May 11, 2009	3293869	Series A	8165720	9444666	8027916	1995071