Advantage Capital Partners

Advantage Capital Partners is a United States‑based venture capital firm that provides growth equity, debt, and mezzanine financing to small and mid‑market companies, with a focus on underserved communities and state and local economic development. The firm invests across sectors including manufacturing, technology, business services, life sciences, and energy, and also supports real estate development projects with equity and debt. It typically makes initial investments ranging roughly from half a million to ten million in companies with modest sales, and may participate in larger follow‑on rounds or co‑invest with other firms. It uses senior debt, mezzanine debt, subordinated loans, and government‑guaranteed lending, and often pursues equity positions through preferred shares or convertible notes. Advantage Capital operates nationwide in the United States, with roots in New Orleans and offices in multiple states, and has backed thousands of jobs and housing projects as part of its mission to expand inclusive economic growth.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Bitting, Thomas H.P.

Principal

Adam Constantinides

Senior Vice President

Past deals in Telecommunications

Nuso

Debt Financing in 2021
NUSO delivers cloud communication solutions. They provide a communications platform that includes enterprise grade voice, secure video conferencing, contact centers, and collaboration tools. Their products include CCaaS, SIP Trunking, simple connect, IPFAX, and more.

SoTel Systems

Venture Round in 2020
SoTel Systems specializes in providing wholesale business communications products and services, including traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for inbound and outbound traffic. With over 30 years of experience in the telecommunications industry, SoTel Systems offers quality products, valuable expertise, and fast delivery to companies seeking reliable communication solutions.

SoTel Systems

Debt Financing in 2020
SoTel Systems specializes in providing wholesale business communications products and services, including traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for inbound and outbound traffic. With over 30 years of experience in the telecommunications industry, SoTel Systems offers quality products, valuable expertise, and fast delivery to companies seeking reliable communication solutions.

Nuso

Venture Round in 2020
NUSO delivers cloud communication solutions. They provide a communications platform that includes enterprise grade voice, secure video conferencing, contact centers, and collaboration tools. Their products include CCaaS, SIP Trunking, simple connect, IPFAX, and more.

Nuso

Debt Financing in 2020
NUSO delivers cloud communication solutions. They provide a communications platform that includes enterprise grade voice, secure video conferencing, contact centers, and collaboration tools. Their products include CCaaS, SIP Trunking, simple connect, IPFAX, and more.

Nuso

Series A in 2019
NUSO delivers cloud communication solutions. They provide a communications platform that includes enterprise grade voice, secure video conferencing, contact centers, and collaboration tools. Their products include CCaaS, SIP Trunking, simple connect, IPFAX, and more.

North End Teleservices

Debt Financing in 2018
North End Teleservices delivers multi-channel contact center solutions to state, federal, and local government entities and commercial organizations. It emphasizes customized client programs, rigorous quality assurance, and strong client relationships to enable clients to operate as business partners and extensions of the company's operations, with a focus on job creation and positive impacts for communities.

SoTel Systems

Debt Financing in 2016
SoTel Systems specializes in providing wholesale business communications products and services, including traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for inbound and outbound traffic. With over 30 years of experience in the telecommunications industry, SoTel Systems offers quality products, valuable expertise, and fast delivery to companies seeking reliable communication solutions.

BroadRiver Communications

Debt Financing in 2015
BroadRiver Communications is a Georgia-based competitive local exchange carrier (CLEC) that specializes in providing comprehensive IT solutions, including cloud services, voice and data communications, internet connectivity, hosting, colocation, and managed services. With its corporate offices located in Midtown Atlanta, the company has a two-decade history of integrating IT infrastructure and telecommunications for small to medium-sized businesses as well as larger enterprises. BroadRiver aims to simplify the management of diverse business communication services by offering tailored solutions that eliminate the challenges associated with multiple vendors. The company focuses on delivering high-quality services at competitive prices, ensuring clients receive the right combination of data and voice services to meet their specific needs.

SoTel Systems

Debt Financing in 2015
SoTel Systems specializes in providing wholesale business communications products and services, including traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for inbound and outbound traffic. With over 30 years of experience in the telecommunications industry, SoTel Systems offers quality products, valuable expertise, and fast delivery to companies seeking reliable communication solutions.

Global Technology Solutions

Debt Financing in 2014
Global Technology Solutions is a provider of comprehensive information technology services, specializing in telecommunications, cyber security, and network systems integration. The company caters to both public and private sector clients, offering a range of solutions that include information assurance, business intelligence, software testing, and project management. Additionally, Global Technology Solutions provides warehousing and logistics services, ensuring that their clients receive tailored support across various operational needs. By focusing on delivering effective and innovative technological solutions, the company aims to enhance its clients' efficiency and security in an increasingly complex digital landscape.

PrivacyStar

Debt Financing in 2014
PrivacyStar is dedicated to providing privacy, preference and protection to all phone users in the world. PrivacyStar allows users to block unwanted callers (i.e. telemarketers, debt collectors, ex-spouses, etc.), Caller ID (PrivacyStar tells you who is calling when the phone rings on mobile phones), perform Caller look-up after a call is received (PrivacyStar tells you who called), file complaints directly with the Federal Trade Commission for potential Do Not Call and Debt Collection practices, block entire groups of numbers such as all 888 numbers, be protected from the most blocked # as determined by over 600,000 users and also a Do Not Disturb Feature which allows customized text messages to be sent to callers when users are unavailable. PrivacyStar is available on Android and Blackberry smartphones and soon on VOIP platforms.

Alfalight

Debt Financing in 2012
Alfalight is a designer and manufacturer of high-power diode lasers, serving the industrial, defense, and telecommunications sectors. The company specializes in a range of laser and electro-optical systems, including precision lasers that operate in the short-wave infrared, near infrared, and visible spectra. Alfalight's technology is distinguished by its innovative aluminum-free active region (ALFA) laser structures, which allow for the production of laser diodes that exhibit exceptional reliability and efficiency, positioning the company as a leader in the laser technology market.

BinOptics

Venture Round in 2011
BinOptics Corporation is a manufacturer of monolithically integrated optoelectronic components, specializing in a range of advanced laser technologies. The company produces directly modulated Fabry-Pérot lasers, directly modulated distributed feedback lasers, and ring lasers, alongside custom integrated chips that include edge- and surface-emitting lasers, electroabsorption modulators, semiconductor optical amplifiers, beam couplers, waveguides, and on-chip lenses. These products cater to various applications, primarily in datacom and telecommunications, such as gigabit Ethernet and Passive Optical Networks (PON), as well as advanced non-telecommunication applications. Founded in 2000 and headquartered in Ithaca, New York, BinOptics is recognized for its innovative contributions to the optoelectronic industry.

Broadband iTV

Series C in 2011
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Alfalight

Debt Financing in 2011
Alfalight is a designer and manufacturer of high-power diode lasers, serving the industrial, defense, and telecommunications sectors. The company specializes in a range of laser and electro-optical systems, including precision lasers that operate in the short-wave infrared, near infrared, and visible spectra. Alfalight's technology is distinguished by its innovative aluminum-free active region (ALFA) laser structures, which allow for the production of laser diodes that exhibit exceptional reliability and efficiency, positioning the company as a leader in the laser technology market.

Summit Broadband

Debt Financing in 2010
Summit Broadband Inc. is a provider of broadband communication services based in Orlando, Florida, serving both residential and commercial customers across Central and Southwest Florida. Established in 2009, the company offers a range of services, including high-speed internet access through its fiber-optic network, cable television, and digital telephone services such as local and long-distance calling, voicemail, and direct inward dialing. Additionally, Summit Broadband provides Ethernet and dark fiber transport services, ensuring fast and reliable internet connectivity at competitive prices. The company primarily focuses on enhancing communication solutions for homes, hotels, and businesses in the region.

BroadRiver Communications

Venture Round in 2010
BroadRiver Communications is a Georgia-based competitive local exchange carrier (CLEC) that specializes in providing comprehensive IT solutions, including cloud services, voice and data communications, internet connectivity, hosting, colocation, and managed services. With its corporate offices located in Midtown Atlanta, the company has a two-decade history of integrating IT infrastructure and telecommunications for small to medium-sized businesses as well as larger enterprises. BroadRiver aims to simplify the management of diverse business communication services by offering tailored solutions that eliminate the challenges associated with multiple vendors. The company focuses on delivering high-quality services at competitive prices, ensuring clients receive the right combination of data and voice services to meet their specific needs.

Motion Computing

Debt Financing in 2010
Motion Computing, based in Austin, Texas, specializes in the development of slate tablet PCs tailored for mobile professionals across various sectors, including healthcare, government, and field force automation. The company is recognized as a leader in mobile computing and wireless communications, focusing on delivering innovative solutions that enhance productivity for users on the move. Motion's product line includes advanced tablet PCs and accessories designed for security, power, and versatility, catering to the unique needs of its clientele. By integrating cutting-edge technologies into its offerings, Motion aims to provide comprehensive computing solutions that support the evolving demands of mobile professionals.

Broadband iTV

Series A in 2009
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Broadband iTV

Debt Financing in 2009
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Broadband iTV

Series C in 2009
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Broadband iTV

Series C in 2008
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Arc Solutions

Venture Round in 2007
Arc is a software development company that produces unified communications applications exclusively for enterprises that are utilizing Cisco technology for their communications. Part of the Mettoni group (an Enghouse Systems Limited company), Arc is a Cisco Technology Developer and OEM Partner, providing the large range of fully certified applications through a network of Cisco Business Partners around the world. Solutions include call handling and communications management tools which are designed to improve person to person communications within the enterprise. Arc provides a complete service to customers and business partners, from implementation and project management through to complex corporate directory integration services. By combining product expertise with local support and training services, Arc helps clients increase business efficiency, responsiveness and competitiveness, whilst improving customer service and reducing costs throughout their organization.

Arc Solutions

Venture Round in 2006
Arc is a software development company that produces unified communications applications exclusively for enterprises that are utilizing Cisco technology for their communications. Part of the Mettoni group (an Enghouse Systems Limited company), Arc is a Cisco Technology Developer and OEM Partner, providing the large range of fully certified applications through a network of Cisco Business Partners around the world. Solutions include call handling and communications management tools which are designed to improve person to person communications within the enterprise. Arc provides a complete service to customers and business partners, from implementation and project management through to complex corporate directory integration services. By combining product expertise with local support and training services, Arc helps clients increase business efficiency, responsiveness and competitiveness, whilst improving customer service and reducing costs throughout their organization.

Digium

Series A in 2006
Digium, Inc. is a company that specializes in developing software and telephony hardware to create unified communications solutions for businesses of various sizes. Known for its open source telephony platform, Asterisk, Digium offers a range of products including business phone systems, IP phones, telephony cards, SIP trunking products, and VoIP gateways. The company also provides hosted and on-premises Switchvox business phone systems that deliver enterprise-class unified communications and UC-as-a-Service solutions. In addition to its hardware and software offerings, Digium offers training services and certifications related to the installation and maintenance of Asterisk systems. The company serves a diverse array of industries, including education, government, healthcare, and professional services, distributing its products through resellers and online partners worldwide. Founded in 1999 and based in Huntsville, Alabama, Digium became a subsidiary of Sangoma Technologies US Inc. in 2018.

Broadband iTV

Series B in 2006
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Digium

Debt Financing in 2006
Digium, Inc. is a company that specializes in developing software and telephony hardware to create unified communications solutions for businesses of various sizes. Known for its open source telephony platform, Asterisk, Digium offers a range of products including business phone systems, IP phones, telephony cards, SIP trunking products, and VoIP gateways. The company also provides hosted and on-premises Switchvox business phone systems that deliver enterprise-class unified communications and UC-as-a-Service solutions. In addition to its hardware and software offerings, Digium offers training services and certifications related to the installation and maintenance of Asterisk systems. The company serves a diverse array of industries, including education, government, healthcare, and professional services, distributing its products through resellers and online partners worldwide. Founded in 1999 and based in Huntsville, Alabama, Digium became a subsidiary of Sangoma Technologies US Inc. in 2018.

Commerciant, LP

Venture Round in 2005
Commerciant, LP, founded in 2000 and based in Houston, Texas, specializes in designing and developing wireless and handheld payment processing solutions. The company offers Mobilescape, a comprehensive solution for wireless credit card and check payment processing, which encompasses hardware, software, integration services, wireless connectivity, transaction processing, and customer support. In addition to Mobilescape, Commerciant provides wireless handheld terminals and a nationwide wireless network, along with services for credit card and check processing, business applications, online access, and security. The company serves a diverse range of industries, including restaurants, residential and home repair services, airlines, delivery services, direct sales, events, retail, and health care. Commerciant, LP was acquired by BServ, Inc. in 2009.

InSciTek Microsystems

Venture Round in 2005
InSciTek is an established, profitable company managed by seasoned executives from Fortune 500 companies. The InSciTek Board of Directors has several members who have led significant companies in the telecommunications industry. InSciTek’s consulting business continues to grow as large companies seek ways to reduce their product development costs. Today, InSciTek has a staff of 23 highly experienced engineers and managers proficient in each of the technologies utilized by the future Allworx 10x product platform. Not only do the three founders have world-class engineering credentials and directly-related experience, but also they have worked together since 1993. They have excelled in their careers at quick and efficient product commercialization. Further, InSciTek’s Executive VP of Marketing and Sales has over 30 years of direct management experience in marketing and selling software, services, and equipment for a Fortune 500 company. InSciTek is now executing its product phase with the Allworx TeleNetwork product family. To date, extensive market research, technology investigation, and business planning have been accomplished. We are now ready to launch the product and will be installing customer units in the fourth quarter (2002).

Allworx

Series A in 2005
Allworx is a company focused on developing and selling Voice Over IP (VoIP) phone systems tailored for small businesses with 3 to 150 users at each location. It aims to equip modern small enterprises with advanced communication technologies that are typically available to larger corporations. Allworx offers a comprehensive suite of products that combines PBX and key phone functionalities with essential network services. These products encompass secured Internet access, remote office capabilities, group collaboration tools, and messaging software, including email, voicemail, unified messaging, follow-me calling, and group calendaring. The company operates through two main divisions: Product, which is responsible for the design, manufacture, marketing, and sale of its communication systems, and Consulting, which provides engineering services for software and digital hardware development.

Alfalight

Series A in 2000
Alfalight is a designer and manufacturer of high-power diode lasers, serving the industrial, defense, and telecommunications sectors. The company specializes in a range of laser and electro-optical systems, including precision lasers that operate in the short-wave infrared, near infrared, and visible spectra. Alfalight's technology is distinguished by its innovative aluminum-free active region (ALFA) laser structures, which allow for the production of laser diodes that exhibit exceptional reliability and efficiency, positioning the company as a leader in the laser technology market.

StreamSearch.LIVE

Venture Round in 1999
StreamSearch.LIVE is a media platform focused on leveraging live internet video transmissions to redefine the emerging industry of live streaming. Originally founded in 1999, the company has relaunched with a fresh approach, combining its historical expertise with innovative strategies. StreamSearch.LIVE specializes in producing original live video content, including programs, series, and segments, while offering media and telecommunications companies a comprehensive suite of tools for creating, discovering, and redistributing live video offerings. The company aims to establish the .LIVE domain as a prominent alternative to the traditional .com, emphasizing the dynamic nature of live content with the slogan, "If It Moves, It’s .LIVE." With a seasoned team and a commitment to innovation, StreamSearch.LIVE is positioned to become a significant player in the rapidly evolving landscape of live video media.

Fortress Technologies

Venture Round in 1999
With over 65,000 systems currently deployed and serving as the infrastructure backbone of the largest Department of Defense (DoD) wireless mesh network, Fortress Technologies is the established leader in secure tactical wireless communications. Fortress delivers the most advanced solutions for deployable secure wireless mesh networks, designed specifically for highly mobile and rugged outdoor, tactical military and secure government environments. Leveraging a self forming, self healing, path-optimizing meshing protocol, Fortress' products incorporate government grade security algorithms and meet stringent environmental standards. Based on standard wireless technology uniquely enhanced for DoD requirements, Fortress' COTS+ solutions are purpose built for inclusion into standard or tailored in-theater communications systems. Fortress' secure wireless networking products and embedded solutions for government markets are intended for easy integration and technical insertion, enabling partners and customers to meet their most challenging wireless communications needs.

Thumbs Up Marketing

Debt Financing in 1998
Thumbs Up Marketing is a telemarketing and contact centre service. They create and promote mutually rewarding relationships between clients and their audience. Their services include business-to-business, non-profit, business-to-consumer, cultivation, and inbound support.

Athena International

Venture Round in 1996
Athena International engages in providing telephone voice and data communications services. It was founded in the year 1994 and is located in New Orleans, Louisiana, United States.

Interface Systems

Debt Financing in 1995
Interface Systems is a prominent managed service provider specializing in business security, managed networks, unified communications as a service (UCaaS), and business intelligence solutions tailored for distributed enterprises. The company serves various sectors, including retail, hospitality, and finance, by enhancing security, optimizing operations, and streamlining connectivity while reducing IT costs. Interface Systems offers a comprehensive range of managed services, such as SD-WAN implementation, wireless WAN, cloud-based enterprise communications, remote video monitoring, managed access control, and video analytics. By consolidating multiple services into a single monthly invoice, Interface simplifies vendor management for its clients, thereby eliminating hidden costs and complexities. With a commitment to transparency and a focus on customer success, the company operates world-class command and control centers, providing clients with a competitive advantage in security and operational efficiency.

Petroleum Communications

Venture Round in 1995
Petroleum Communications develops telecommunication network solutions. It provides voice and data communication services for the offshore oil and gas industry. Petroleum Communications was founded in 1983.

Wireless One Network

Debt Financing in 1995
Wireless One Network LP, doing business as Cellular One of Southwest Florida.

Wireless One Network

Venture Round in 1995
Wireless One Network LP, doing business as Cellular One of Southwest Florida.

Athena International

Debt Financing in 1994
Athena International engages in providing telephone voice and data communications services. It was founded in the year 1994 and is located in New Orleans, Louisiana, United States.
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