Bandwidth - About the company
Bandwidth is a public company based in Raleigh (United States), founded in 1999 by Henry Kaestner and . It operates as a Cloud-based enterprise collaboration platform for VoIP communication management. Bandwidth has raised $21.9M in funding from Carmichael Partners. The company has 1575 active competitors, including 203 funded and 189 that have exited. Its top competitors include companies like RingCentral, Agora and Webex.
Company Details
Cloud-based enterprise collaboration platform for VoIP communication management. The platform offers products like SIP, voice and messaging applications, VoIP, and 911 services. Products comprise direct inbound dialling, SMS, and MMS for nonwireless telephone numbers, SMS and MMS with voice services, routes VoIP E911 calls directly to the nation 911 infrastructure, provisions for toll-free numbers, and SIP trunking. It is the tool available on the subscription-based pricing model.
- Website
- Social
- Registered Address
- Raleigh, North Carolina
Key Metrics
Founded Year
1999
Location
Raleigh, United States
Stage
Public
Total Funding
in 3 rounds
Latest Funding Round
Investors
Ranked
5th among
Annual Revenue
as on Dec 31, 2023
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Bandwidth
Bandwidth is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 1514416 United States, Deadpooled | Mar 08, 2011 | $601M (as on Dec 31, 2023) | - | - |
CIN: 562242657 United States, Active | Dec 31, 1999 | - | 839 (as on Dec 31, 2022) | - |
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Bandwidth's funding and investors
Bandwidth has raised a total funding of $21.9M over 3 rounds. Its first funding round was on Apr 05, 2011.
Bandwidth has 7 institutional investors including Carmichael Partners, and .
Here is the list of recent funding rounds of Bandwidth:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Mar 11, 2021 | $300M | Post IPO | 4151139 | 7452578 | - |
Jun 19, 2018 | Undisclosed | Post IPO | 1226350 | 7925635 | |
Apr 05, 2011 | $21.9M | Series B | 7925865 | 4770791 |
View details of Bandwidth's funding rounds and investors
Bandwidth's founders and board of directors
The founders of Bandwidth are Henry Kaestner and .
Here are the details of Bandwidth's key team members:
- Henry Kaestner: Former Co-Founder, CEO & Chairman of Bandwidth and founder of 2 other companies, Kaleo Ventures and Sovereign's Capital. They are also an angel investor in 1 startup.Contact Info:
- : Co-Founder & CEO of Bandwidth and founder of , and Republic Wireless. Contact Info:
View details of
Bandwidth's employee count trend
Bandwidth has 1,939 employees as of Dec 22. The total employee count is 3.0% more than what it was in Dec 21. Here is Bandwidth's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Bandwidth's Competitors and alternates
Top competitors of Bandwidth include RingCentral, Agora and Webex. Here is the list of Top 10 competitors of Bandwidth, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | RingCentral 1999, Belmont (United States), Public | Cloud based platform offering unified communication solutions | $44M | DAG Ventures, TriplePoint CapitalÌý&²¹³¾±è;Ìý | 82/100 |
2nd | Cloud based customer engagement platform | $55M | HTIF, Access IndustriesÌý&²¹³¾±è;Ìý | 78/100 | |
3rd | Webex 1995, San Jose (United States), Acquired | Provider of solutions for virtual meetings and training sessions | $25M | Summit Partners, New Enterprise AssociatesÌý&²¹³¾±è;Ìý | 76/100 |
4th | ![]() Weave 2008, Provo (United States), Public | Omnichannel customer engagement software for businesses | $156M | Lead Edge Capital, Bessemer Venture PartnersÌý&²¹³¾±è;Ìý | 73/100 |
5th | Bandwidth 1999, Raleigh (United States), Public | Cloud-based enterprise collaboration platform for VoIP communication management | $21.9M | Herald Investment Management, De Anda CapitalÌý&²¹³¾±è;Ìý | 72/100 |
6th | ![]() Vonage 2001, Holmdel (United States), Acquired | Provider of contact center business communication solutions | $645M | , IVPÌý&²¹³¾±è;Ìý | 72/100 |
7th | Cloud based employee communication platform provider | $102M | Goldman Sachs, Idinvest PartnersÌý&²¹³¾±è;Ìý | 71/100 | |
8th | Cloud based platform for unified communication management | $1.01M | Francisco Partners, August CapitalÌý&²¹³¾±è;Ìý | 71/100 | |
9th | Route Mobile 2004, Mumbai (India), Acquired | Cloud based CPaas solutions for customer engagement | $23M | Goldman Sachs, Societe GeneraleÌý&²¹³¾±è;Ìý | 71/100 |
10th | SaaS based call center software solution | $226M | Draper Esprit, Kreos CapitalÌý&²¹³¾±è;Ìý | 70/100 |
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Bandwidth's Investments and acquisitions
Bandwidth has acquired 3 companies including Pathfindr, and . Bandwidth has not made any investments as of now. Here is the list of its $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Jan 05, 2024 | Acquisition | 2016 | Norwich, United Kingdom | |
Oct 12, 2020 | Acquisition | 2005 | Brussels, | |
Aug 20, 2015 | Acquisition | 2005 | Brussels, |
Reports related to Bandwidth
Here is the latest report on Bandwidth's sector:
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News related to Bandwidth
Media has covered Bandwidth for a total of 15 events in the last 1 year, 5 of them have been about company updates and 2 about people movement.
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Seeking Alpha•May 07, 2025•Bandwidth
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PR Newswire•Mar 17, 2025•Bandwidth
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Seeking Alpha•Feb 20, 2025•Bandwidth
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PR Newswire•Feb 20, 2025•Bandwidth
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PR Newswire•Feb 11, 2025•Bandwidth
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Seeking Alpha•Jan 02, 2025•Bandwidth
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PR Newswire•Oct 31, 2024•Bandwidth
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