Fonality, Top VoIP Company 2008: FierceVoIP, Fierce 15

Fonality 

Where it's based:  Los Angeles, Calif.
When it was founded: 2003
Website: www.fonality.com 

Why it's Fierce:   VoIP out of the City of Angels?  Founder Chris Lyman took Asterisk and put the pieces together for an affordable turn-key IP PBX solution for businesses based on off-the-shelf hardware and an variant of Asterisk. The company has continued to grow at a rapid clip once they started shipping PBXtra. Additional features rolled into Fonality's products include call/contact center support, auto-configuration of IP handsets across the LAN, some very cool dashboard/monitoring features, and the introduction of unified communication and mobility functions.

Fonality has grown at an average monthly rate of 10 percent, achieved profitability in 2006, and has been increasing call volumes at a rate of 400 percent per year for the past three years. And 16 successive quarters of record growth. Did we mention they established a partnership with Dell in early 2008 and locked up $12 million in venture money in September 2008?  Seriously, Fierce, ba-be!