BroadSoft posts record Q4 driven by hosted UC and SIP adoption

If you are looking for companies leading the charge out of the economic slump, look no further than the VoIP industry. BroadSoft, a provider of VoIP applications, had an impressive fourth quarter.

In the fourth quarters, the VoIP software company saw revenues grow 85 percent year-over-year. The rise was up 61 percent sequentially to $35.77 million. BroadSoft saw strong adoption for its hosted unified communication offerings as well as for its new products.

"BroadSoft delivered another strong quarter driven by the expanding adoption of our hosted unified communications and SIP trunking applications," BroadSoft President and CEOMichael Tessler said, in a release. "We continue to innovate and extend our technology and market leadership in the emerging market for voice application servers. In addition to our recently introduced BroadCloud service delivery platform, we announced MobileMxD, an integrated suite of consumer and enterprise UC services optimized for 4G networks. With MobileMxD, we believe mobile operators will be able to quickly introduce new revenue generating services to monetize their LTE investments."

For more:
- read the release

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