By WRAL Tech Wire

APEX, N.C. – Telovations, one of the nation’s leading providers of cloud communications services to business based in Tampa, Fla., has acquired FeatureTel.

Founded in 2003, the Apex-based IP telephony company will expand the Telovations network footprint, increase its software integration capabilities, and help strengthen the company’s customer base.

In addition, the company will be expanding its customer service team in both North Carolina and Florida.

Funding for the deal was partially provided by Silicon Valley Bank. Financial terms were not disclosed.

Telovations will grow its regional presence in North Carolina as well other Southeastern states.

Paul Levering, founder and CEO of FeatureTel, will assume the role of regional president in the mid-Atlantic and take a seat on the Telovations Board of Directors.

“We are pleased to be joining forces with a company that has demonstrated such success in cloud communications and collaboration,” said Levering. “Telovations now offers FeatureTel customers an industry leading call center solution, robust call recording capabilities, and enhanced desktop and CRM integration solutions, in addition to our hosted IP telephony offerings.”

The company’s headquarters will be in Tampa, with presence in Atlanta, Ga., and Jacksonville, Fla.

The mid-Atlantic region will be based in RTP.

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