IntelePeer gets USD 55m credit facility from TPG Sixth Street Partners

IntelePeer, a Communications Platform as a Service (CPaaS) provider, has announced that it has closed a USD 55 million credit facility to further accelerate the growth and innovation of its enterprise-centric Atmosphere® CPaaS platform, the company said.

TPG Sixth Street Partners, a global finance and investment business, structured and financed the transaction.

IntelePeer will use this investment to accelerate development and innovation on the Atmosphere® CPaaS platform, furthering the capabilities and features that enable enterprises to deliver world-class communication experiences. The operating resources will be dedicated to continuing IntelePeer´s tremendous growth across platform capabilities, customer acquisition, and expansion into the global enterprise market.

Atmosphere® CPaaS delivers global voice and messaging capabilities, communication APIs, workflow automation, and AI-enabled analytics that enable enterprises to achieve digital transformation goals and create a better experience for customers and employees. With a platform designed with the business user in mind, departments across the company can automate business processes, improve customer and employee experience, and engage audiences with outbound notifications.

IntelePeer delivers an omni-channel communications platform built for the enterprise. We believe that business communications are meant for more than just simple interactions — they should enable businesses to deliver truly delightful experiences. Visit www.intelepeer.com to learn more.

TPG Sixth Street Partners is a global finance and investment business with over USD 33 billion in assets under management. For more information, visit www.tssp.com.