Type Public Predecessor MOSCOM Corporation Founder Albert J. Montevecchio | Traded as OTCQB: VERA Area served United States, Canada Founded January 1983 | |
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Industry Software and managed services for Telecom Expense Management Key people Tony Mazzullo, President and CEO Headquarters Rochester, New York, United States Profiles | ||
Veramark technologies
Veramark Technologies, Inc. provides services and software for Telecom Expense Management and call accounting. The company "specializes in controlling telecom expenses by managing a company's voice, data, and wireless services through a combination of auditing, consulting and software".
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Veramark, originally known as MOSCOM Corporation, was founded in 1983. Veramark is a publicly traded company under the stock symbol VERA.PK.
In 2001, the company sold all the rights for the VeraBill product line, a mediation, provisioning and billing solution for wireline and wireless mid-size carriers, to Mind CTI Ltd. for US$ $1 million.
The company acquired the enterprise TEM and consulting businesses of Source Loop LLC, a Georgia-based telecom service provider, in June 2010. In September 2010, the company moved into 23,000 feet of new office space at Eagle's Landing Business Park in Henrietta, New York.
In a September 2010 State of the Industry Report published by AOTMP, Veramark was ranked among the top 25 suppliers of TEM and Wireless Mobility Management solutions.