Asset Black
Asset Black is a US-based managed network services provider, acquired by Momentum Telecom in 2024, specializing in SDN-powered private connectivity, Layer 2 internet, cloud voice, and compliance-ready networking for banks, credit unions, and other regulated enterprises.
- Company typePrivate
- Founded2005
- HeadquartersSavannah, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Asset Black does
Asset Black is a US-based telecommunications company founded in 2005 and headquartered in Savannah, Georgia, specializing in managed wide-area networking, internet connectivity, voice, and security services for financial institutions. The company was acquired by Momentum Telecom in 2024 and now operates as a Momentum subsidiary. Its core platform is a software-defined networking (SDN) architecture that delivers private site-to-site connectivity via encrypted primary routes to Tier 3 and Tier 4 colocation carrier suites, with automatic geographic failover and 24/7/365 network monitoring. Asset Black's solutions are specifically certified to support the three dominant US core banking platforms — FISERV, FIS, and Jack Henry — and the company maintains SOC 1, SOC 2 Type 2, HIPAA, and PCI DSS compliance.
The product portfolio spans SDN-powered data routing, Layer 2 business internet, network management with continuous KPIs, cloud voice (via Microsoft Operator Connect and Teams), cloud security, IoT infrastructure, and private encrypted site-to-site connectivity. This bundle is sold primarily through enterprise field sales targeting banks and credit unions, with pricing structured as recurring managed services contracts; pricing is not publicly disclosed. The company's go-to-market has historically centered on consultative direct engagement with regulated financial buyers, complemented by content marketing, case studies, and partner co-marketing with Microsoft.
Asset Black's revenue mechanics are subscription- and managed services-based, combining recurring connectivity fees with monitoring, failover, and compliance documentation support. Following the Momentum acquisition, Asset Black's customer base — which spans financial institutions, healthcare, professional sports franchises, hospitality, and nonprofits such as Kitsap Credit Union, Cleveland Browns, Columbus Crew, Smile Doctors, and Ronald McDonald House Charities — is now served through Momentum's broader enterprise sales channel. Asset Black no longer operates as a standalone entity; its future growth is driven by Momentum's global reach, the Microsoft Teams collaboration channel, and cross-sell into adjacent verticals beyond the core financial institution base.
Asset Black firmographics
Firmographics- Name
- Asset Black
- Website
- https://assetblack.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Asset Black is a US-based managed network services provider, acquired by Momentum Telecom in 2024, specializing in SDN-powered private connectivity, Layer 2 internet, cloud voice, and compliance-ready networking for banks, credit unions, and other regulated enterprises.
- Ownership category
- akta.pro rank
Where Asset Black is headquartered
LocationHeadquarters
- HQ city
- Savannah
- HQ country
- United States
- HQ region
- North America
Markets served
Asset Black business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Managed Network Services: Recurring managed services revenue from providing secure data networking solutions including SDN, internet connectivity, network management, and cloud voice to financial institutions. Services are delivered through private site-to-site connectivity with dedicated primary routes.
- Network Connectivity Infrastructure: Revenue from providing encrypted primary routes, backup geo failovers, and connectivity solutions for financial institution networks. Core services support FISERV, FIS, Jack Henry and other financial technology providers.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Asset Black product offering
Product offeringCore offering
Asset Black provides managed wide-area networking, business internet connectivity, cloud voice, and network security services targeted primarily at banks, credit unions, and other financial institutions. Solutions are delivered through SDN-powered private site-to-site connectivity with encrypted primary routes, automatic geographic failover, and 24/7/365 network monitoring, and are fully compatible with core banking platforms including FISERV, FIS, and Jack Henry.
Product overview
Asset Black (now a Momentum company) provides a comprehensive suite of business data solutions for banks and credit unions. The portfolio centers on private, secure site-to-site connectivity delivered through SDN-powered networking, complemented by Layer 2 internet connectivity, network management with 24/7 monitoring, cloud voice with SIP trunking, cloud security, and IoT infrastructure. Core banking services from FISERV, FIS, and Jack Henry are fully supported. The solutions are designed to maximize uptime, ensure compliance (SOC 1, SOC 2, HIPAA, PCI), and provide geographic redundancy with automatic failover across financial institution networks.
Differentiator
Problem solved
Functional benefit
Products and services
- SDN (Software-Defined Networking) Software-defined networking service enabling fast deployment, automatic failover, nationwide service coverage, redundancy, and integrated billing for financial institution networks. Targeted at banks, credit unions, and enterprises requiring resilient multi-site connectivity.
- Business Internet Connectivity Layer 2 transport service that reduces latency and boosts reliability for data, networks, and core banking systems. Aimed at banks, credit unions, and enterprise customers needing high-quality backbone connectivity.
- Network Management Comprehensive network monitoring, authentication services, and specialized network solutions providing 24/7/365 monitoring and network-specific KPIs. For financial institutions and enterprises needing visibility into network health and traffic.
- Cloud Voice Voice service using dedicated SIP trunks with failover capabilities and hosted phone systems (now provided through Momentum), maximizing uptime and security for voice communications. For financial institutions and other enterprise customers.
- Private Site-to-Site Connectivity Encrypted primary routes to carrier suites providing geographic redundancy and failover for every site, supporting SOC compliance and maximizing uptime. Targeted at banks, credit unions, and multi-site enterprises.
- Cloud Security Security service enabling secure connectivity to applications from any device or location without additional hardware. For financial institutions and enterprises requiring hardware-free secure access.
Quantifiable outcome
- 10,000+ locations globally served with reliable connectivity
- +2 more outcomes
Companies that use Asset Black
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles1 record
Asset Black technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
Asset Black partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- FISERVcoreStrategic partnership ensuring 100% support for FISERV core banking services within Asset Black's network solutions for financial institutions.
- FIScoreStrategic partnership ensuring 100% support for FIS core banking services within Asset Black's network solutions for financial institutions.
- Jack HenrycoreStrategic partnership ensuring 100% support for Jack Henry core banking services within Asset Black's network solutions for financial institutions.
- Microsoft Operator ConnectcoreAsset Black, through Momentum, is a Microsoft Operator Connect provider enabling Teams Phone and collaboration solutions for financial institution customers.
- MomentumflagshipAsset Black was acquired by Momentum, combining the company's financial institution networking expertise with Momentum's solution portfolio and global reach.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Asset Black competitors and assessment
Company assessmentRegional players
- Cox Business: Division of Cox Communications selling managed networking, internet, and cloud voice to mid-market and enterprise customers, including financial institutions, primarily across U.S. cable footprint. Comparable managed-network-plus-cloud-voice stack to Asset Black.
Direct peers
- Fusion Connect: Provider of managed SD-WAN, cloud voice, and cybersecurity to distributed enterprises. Closely comparable managed-networking and UCaaS stack and target buyer, particularly for financial and multi-site customers.
- Windstream Enterprise: Provides managed SD-WAN, network security, and unified communications to mid-market and enterprise customers including financial institutions. Directly comparable in offering mix (managed networking + cloud voice) and target buyer profile.
- TPx Communications: U.S. managed services provider offering SD-WAN, UCaaS, and managed security to mid-market and enterprise customers, including banks and credit unions. Directly comparable managed-network-plus-voice offering and customer profile.
- Hughes Network Systems (EchoStar): Provides managed broadband, SD-WAN, and network security to multi-site enterprises, including financial branches and ATMs. Comparable in managed multi-site connectivity and backup/failover for distributed retail-like footprints.
Emerging players
- Cato Networks: Cloud-native SD-WAN and SASE platform providing managed networking and security services globally. Highly comparable in SDN-style delivery model and managed-service go-to-market, overlapping in regulated verticals.
- Aryaka Networks: Managed SD-WAN and SASE provider focused on global enterprises. Directly comparable in SD-WAN-based private connectivity, though typically serving larger enterprises than Asset Black's mid-market bank/credit union focus.
Broad incumbents
- Comcast Business: Large incumbent offering enterprise SD-WAN, managed networks, voice, and security to mid-market and enterprise customers including financial institutions. Competes with Asset Black's private site-to-site and connectivity offerings.
- Momentum Telecom: Asset Black's parent company following the 2024 acquisition. Momentum provides global connectivity, managed networks, cloud voice, and business data solutions to enterprises; it is the most comparable network of services into which Asset Black has been integrated.
- Lumen Technologies: Large incumbent carrier offering enterprise networking, SD-WAN, UCaaS, and managed security globally. Overlaps with Asset Black's private site-to-site connectivity and Layer 2 transport for large bank/credit union networks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights7 records
Customer concentration
Asset Black social profiles
Digital presenceAsset Black compliance and trust
Trust signalCompliance4 records
Asset Black financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asset Black leadership team
Management profileNumber of profiles
Asset Black funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asset Black M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asset Black
What does Asset Black do?
Asset Black provides managed wide-area networking, business internet connectivity, cloud voice, and network security services targeted primarily at banks, credit unions, and other financial institutions. Solutions are delivered through SDN-powered private site-to-site connectivity with encrypted primary routes, automatic geographic failover, and 24/7/365 network monitoring, and are fully compatible with core banking platforms including FISERV, FIS, and Jack Henry.
Is Asset Black a public or private company?
Asset Black is a private company. It is classified as corporate owned and is currently acquired.
When was Asset Black founded?
Asset Black was founded in 2005. It employs 11 to 50 people.
Where is Asset Black based?
Asset Black is headquartered in Savannah, United States, in the North America region.
How does Asset Black make money?
Two revenue lines are on record. Managed Network Services are the primary driver. The others are network Connectivity Infrastructure.
Who are Asset Black's main competitors?
Cox Business is listed as a regional player. Direct peers are Fusion Connect, Windstream Enterprise, TPx Communications and Hughes Network Systems (EchoStar). Emerging players are Cato Networks and Aryaka Networks. Broad incumbents are Comcast Business, Momentum Telecom and Lumen Technologies.
Does Asset Black have an API?
No public API is recorded for Asset Black.