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
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for monitoring and optimizing network performance with real-time visibility.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $19.5M
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First Round
First Round
(09 Mar 2006)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2010 | Amount | Series C - Accedian | Valuation | Summit Partners | |
| Feb, 2008 | Amount | Series B - Accedian | Valuation | Rho Canada Partners | |
| Mar, 2006 | Amount | Series A - Accedian | Valuation | Skypoint Capital , Fonds de solidarite FTQ |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech startups are invested in by Rho Capital Partners.
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Early-stage equity funding is provided by Skypoint Capital Corporation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Accedian
Accedian has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Performance Vision. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of application and network performance monitoring tool
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Accedian
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accedian Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Unified IT management is delivered through a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud-based monitoring and tracing of hybrid application performance are provided.
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| domain | founded_year | HQ Location |
Cloud-based unified IT management software is offered for enterprise needs.
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| domain | founded_year | HQ Location |
Cloud-based visual tools for network performance management are provided.
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| domain | founded_year | HQ Location |
Full stack network and application performance monitoring solutions are provided.
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| domain | founded_year | HQ Location |
Cloud based platform offering IT management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accedian
Frequently Asked Questions about Accedian
When was Accedian founded?
Accedian was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Accedian located?
Accedian is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Accedian?
Dion Joannou is the current CEO of Accedian.
Is Accedian a funded company?
Accedian is a funded company, having raised a total of $31M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Mar 09, 2006.
How many employees does Accedian have?
As of Dec 31, 2022, the latest employee count at Accedian is 56.
What does Accedian do?
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.
Who are the top competitors of Accedian?
Accedian's top competitors include ServiceNow, SolarWinds and NinjaOne.
What products or services does Accedian offer?
Accedian offers Provider Connectivity Assurance.
How many acquisitions has Accedian made?
Accedian has made 1 acquisition, including Performance Vision.
Who are Accedian's investors?
Accedian has 7 investors. Key investors include Cisco, Rho Capital Partners, Summit Partners, Skypoint Capital Corporation, and Fonds de solidarite FTQ.
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