About Accedian
Accedian is a company based in Montreal (Canada) founded in 2004 was acquired by Cisco in June 2023. Accedian has raised $31 million across 3 funding rounds from investors including Cisco, Rho Capital Partners and Summit Partners. The company has 56 employees as of December 31, 2022. Accedian has completed 1 acquisition, including Performance Vision. Accedian offers products and services including Provider Connectivity Assurance. Accedian operates in a competitive market with competitors including ServiceNow, SolarWinds, BMC Software, NetScout and AppNeta, among others.
- Headquarter Montreal, Canada
- Employees 56 as on 31 Dec, 2022
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Sectors
Technology
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$31 M (USD)
in 3 rounds
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Latest Funding Round
$19.5 M (USD), Series C
Aug 03, 2010
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Investors
Cisco
& 6 more
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Employee Count
56
as on Dec 31, 2022
- Investments & Acquisitions
- Acquired by
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Products & Services of Accedian
Accedian offers a comprehensive portfolio of products and services, including Provider Connectivity Assurance.
Software for monitoring and optimizing network performance with real-time visibility.
People of Accedian
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Software Development Team
247 people
Sales and Marketing
174 people
Leadership Team
138 people
Product Management Team
77 people
Operations Team
57 people
Human Resources and Administration
40 people
Finance and Accounting
24 people
Unknown Team
20 people
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Funding Insights of Accedian
Accedian has successfully raised a total of $31M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $19.5 million completed in August 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Accedian
Accedian has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Rho Capital Partners and Summit Partners.
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Early-stage tech startups are invested in by Rho Capital Partners.
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Summit Partners is recognized as a growth equity investment firm.
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Early-stage equity funding is provided by Skypoint Capital Corporation.
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Investor details for Accedian
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Investments & Acquisitions by Accedian
Accedian has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Performance Vision.
Investment portfolio details for Accedian
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of application and network performance monitoring tool
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Complete acquisition details for Accedian
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- Acquired stakes
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Financial Statements - Accedian
Detailed financials for Accedian
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Accedian Comparisons
Peer comparison for Accedian
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Competitors of Accedian
Accedian operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ServiceNow, SolarWinds, BMC Software, NetScout and AppNeta, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Unified IT management is delivered through a cloud-based platform.
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Cloud-based monitoring and tracing of hybrid application performance are provided.
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Cloud-based unified IT management software is offered for enterprise needs.
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Cloud-based visual tools for network performance management are provided.
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Full stack network and application performance monitoring solutions are provided.
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Cloud based platform offering IT management solutions
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Detailed competitors of Accedian
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Latest news on Accedian
Complete news archive for Accedian
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Frequently Asked Questions about Accedian
Accedian was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Accedian is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Dion Joannou is the current CEO of Accedian.
Accedian is a funded company, having raised a total of $31M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Accedian is 56.
Accedian was founded in 2004 and is headquartered in Montreal, Canada. Operations focus on the IT sector, where a cloud-based platform is utilized for unified management solutions. Performance monitoring is assured for mobile networks and enterprise-to-data-center connectivity. Services encompass orchestration, testing, and activity monitoring to support deployment and granular oversight. Clients served include CGI, Telefónica, Jio, Cox Communications, T-Mobile, and Thomson Reuters.
Accedian's top competitors include ServiceNow, SolarWinds and NinjaOne.
Accedian offers Provider Connectivity Assurance.
Accedian has made 1 acquisition, including Performance Vision.
Accedian has 7 investors. Key investors include Cisco, Rho Capital Partners, Summit Partners, Skypoint Capital Corporation, and Fonds de solidarite FTQ.