Tech giant backs London with new European headquarters
Global cloud communications provider Vonage has opened its new European headquarters in the heart of East London’s Silicon Roundabout.
The firm said the new office underscore its belief in London as a European tech centre able to fuel Vonage’s global expansion.
With a presence in London spanning more than a decade, Vonage has strong ties to the local community. It opened its first London office in 2005 in Hammersmith, West London.
In 2016, the company acquired East London-founded Communications Platform as-a-Service (CPaaS) company Nexmo, which, at $230 million, was the 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.
“As an international business technology company experiencing very fast growth, we see London as crucial to the continued success of our business,” said Vonage CEO Alan Masarek (pictured below).
“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.”
Tony Jamous, co-founder of Nexmo and now president of the Vonage API Platform, will be leading the London office.
Rajesh Agrawal, deputy London 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.”
Vonage plans to host tech events throughout the coming year for members of the local tech and developer relations community to share knowledge and insight.