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[IEDC] Telecom Company Expands in Marion County
Start Date: 5/10/2013Start Time: 12:00 AM
End Date: 5/10/2013End Time: 11:59 PM
Entry Description

INDIANAPOLIS (May 10, 2013) - Weeks Communications d/b/a Fathom Voice, a cloud-based phone service provider, announced plans today to expand its headquarters here, creating up to 183 new jobs by 2017.

The homegrown-Hoosier company will invest $4,114,600 to lease and expand 4,900 square feet of office space in Indianapolis. Fathom Voice moved from Anderson to its new Indianapolis location at 6311 Westfield Blvd., Suite 201 in March. Fathom Voice has already begun hiring technical support, sales and account management, marketing and development associates.

"Entrepreneurial companies like Fathom Voice continue to bolster Indiana's high-growth tech industry," said Eric Doden, president of the Indiana Economic Development Corporation. "Businesses large and small continue to discover that our world-class universities, talented workforce and pro-growth climate make Indiana a state that works for innovators."

Founded in 2007 in Lafayette, Ind., Fathom Voice is a cloud communications company that builds cloud-based applications for computers and phones. Named a 2013 TechPoint Mira Award finalist, the company serves customers throughout the United States as well as several other countries through its cloud-based infrastructure. This is a service that uses the internet to make phone calls instead of traditional copper wire.

"Our talented staff has played key roles in Fathom's progression and development, putting us in a prime position to accommodate for future growth," said Cameron Weeks, chief executive officer of Fathom Voice. "Over the next several months, we're happy to announce we'll be looking to triple our team, working to solidify the Fathom name as a staple in both U.S. and global markets. We appreciate the business-friendly climate in Indiana and are proud to call Indianapolis home for Fathom's headquarters."

The Indiana Economic Development Corporation offered Weeks Communications up to $2,400,000 in conditional tax credits and up to $80,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis also supports the project.

"Indianapolis is a hotbed for thriving tech-based startups. We are proud to support the growth of this homegrown company and will continue to promote and encourage this type of forward-thinking business that has put our city on the map," said Indianapolis Mayor Greg Ballard.
 
Fathom Voice joins a growing list of high-tech companies, including BidPal, Appirio, ExactTarget, Interactive Intelligence, Aprimo, Brightpoint and Raidious, that call the Hoosier State home. In total, Indiana's high-tech sector employs more than 75,000 Hoosiers at 6,200 high-tech establishments. Hoosier institutions of higher education produce more than 8,000 engineering and information technology graduates each year.

About Fathom Voice
Based in Indianapolis, Ind., Fathom Voice is a cloud-based PBX provider specializing in providing business class VoIP phone service. The Madison County 2012 Emerging Business of the Year award winner and a 2013 MIRA Award finalist for Emerging Technology Company of the Year, Fathom provides industry-leading technology along with a secure and redundant network topology.

About IEDC
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
 

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Media Contacts:
Hannah Shaner (Fathom Voice) - 317.296.7450 x119 or hannah@fathomvoice.com
Katelyn Hancock (IEDC) - 317.234.2294 or kahancock@iedc.in.gov

Contact Information:
Name: Katelyn Hancock
Phone: 3172342294
Email: KaHancock@iedc.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • About Indiana
  • Agency Name
    Economic Development Corporation, Indiana

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