Vonage opened its first London office in 2005 in Hammersmith, West London. In 2016, Vonage acquired East London-founded Communications Platform as-a-Service (CPaaS) company Nexmo, which, at $230m, was the year’s largest exit of a London start-up that year.
The new 22,000 square feet Bonhill Street office will house Vonage’s current 200-strong UK team, which the company plans to grow in support of its fast-growing customer base.
Vonage CEO, Alan Masarek, commented: “As an international business technology company experiencing very fast growth, we see London as crucial to the continued success of our business. We’ve seen accelerated growth in this region and, as we look to build on this momentum in the next few years, we are confident that London, with its rich heritage in technology and community of tech-savvy businesses, is the best place for us to do that.”
Rajesh Agrawal, Deputy Mayor for Business, said: “London remains a leading business centre for US firms looking to internationalise. With world-class talent, a global financial services hub and a high concentration of global decision makers, it is no surprise to see that overseas businesses such as Vonage are continuing to choose London as their place to establish a European headquarters. Vonage's expansion into the capital offers further proof that London is the tech capital of Europe.”
Tony Jamous, co-founder of Nexmo and now president of the Vonage API Platform, will be leading the London office. Mr. Jamous comments: “The cloud communications market is growing at an explosive rate, particularly in EMEA and APAC. As these regions pick up momentum in cloud adoption, our presence in the UK positions us well to capture that growth. And with London at the heart of the UK’s tech world, we also see great opportunity to grow our team from its pool of diverse tech talent.”