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NEW YORK, Nov. 10, 2017 (GLOBE NEWSWIRE) — Bandwidth Inc. (Nasdaq:BAND), a leading cloud-based communications platform for enterprises in the United States, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ea317e59-c081-4ce8-9a9a-1215bca627e2.Bandwidth’s solutions include a broad range of software application programming interfaces (“APIs”) for voice and text functionality and their owned and managed, purpose-built Internet protocol (“IP”) voice network, which is one of the largest in the nation. Their sophisticated and easy-to-use software APIs allow enterprises to enhance their products and services by incorporating advanced voice and text capabilities. They are the only CPaaS provider in the industry with their own nationwide IP voice network, which is capital-efficient and custom-built to support the applications and experiences that make a difference in the way enterprises communicate.“Today represents a huge milestone for Bandwidth, and we are honored to be associated with and listed on Nasdaq,” said David Morken, Co-Founder, Chairman and CEO. “Over the years, Bandwidth has broken down the walls of the centuries-old telecommunications marketplace to change and usher in a new modern era of voice communications. Today, we celebrate a new phase in our story as a publicly traded company.”“As technologies evolve, firms must adapt to these changes, and Bandwidth is shaping the future of how enterprises connect,” said Nelson Griggs, President of the Nasdaq Stock Exchange. “They have pioneered the communications platform-as-a-service space through innovation-rich culture, and we are proud to welcome Bandwidth as they continue their journey, joining other world class technology companies listed on Nasdaq.”The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.About NasdaqNasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com– NDAQG-