Alianza
- Frazier VC

- Jan 20
- 1 min read

Deal Snapshot
Website: alianza.com
Sector / Category: Cloud Communications / VoIP / UCaaS infrastructure for service providers
Headquarters: Pleasant Grove, Utah, USA
Investor: Frazier VC
Investment Vehicle: Fund IV
Deal Type: Primary
Company Overview
Alianza is a cloud communications platform built for communications service providers, offering carrier-grade cloud voice and related communication services. Alianza positions itself as a cloud-native platform enabling providers to modernize legacy voice networks and deliver business and residential communications products.
Public Funding / Capital Events
Oct 31, 2023 — $61M raised (equity + debt)Alianza announced it raised $61 million in new growth equity and debt financing. Debt financing was provided by Texas Capital Bank. The equity round investors were described as a syndicate of undisclosed institutional investors and strategic partners (not named publicly). alianza.com
Investment Summary
Frazier VC has invested in Alianza across multiple rounds, reflecting long-term conviction in the company’s business and growth trajectory. The Frazier family’s relationship with Alianza began in 2006, with the most recent investment made through Frazier Fund IV in 2025.
Why We Invested
Frazier VC invested in Alianza because we believe the company is well-positioned for long-term growth in cloud communications. Alianza’s platform is scalable and designed to expand efficiently as service providers continue modernizing their infrastructure. We also value the company’s differentiated offering and meaningful barriers to entry, including complex integrations and high switching costs. Finally, Alianza’s strong leadership team has demonstrated the ability to execute and build lasting value in a competitive market.
Other Investors
Realization Capital Partners
GlidePath Partners
Grayhawk Capital
Kickstart (US)


