Accedian

Montreal, Canada Founded: 2004 • Age: 22 yrs Acquired By Cisco
Cloud based platform offering unified IT management solutions

About Accedian

Accedian is a Technology company based in Montreal (Canada) founded in 2004, and was acquired by Cisco in June 2023. Cloud based platform offering unified IT management solutions. Accedian has raised $31 million across 3 funding rounds from investors including Cisco, Rho Capital Partners and Summit Partners. The company has 56 employees. Accedian has completed 1 acquisition, including Performance Vision. Its chief executive, as recorded, is Dion Joannou. Its Indian entity Accedian Networks India Private Limited reported revenue of ₹6.11 Cr. Accedian offers products and services including Provider Connectivity Assurance. Its focus areas include Enterprise Infrastructure, Enterprise Networking, Network Management and Performance Monitoring.

Company details

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.

Key Metrics
  • Indian entity revenue
    ₹6.11 Cr

    FY 2024 · -55% YoY

  • Indian entity net profit
    ₹18.7 Lakh

    FY 2024 · 3% margin

  • Indian entity EBITDA
    ₹40.2 Lakh

    FY 2024 · 7% margin

  • Total Equity Funding
    $31M (USD)

    in 3 rounds

  • Latest Funding Round
    $19.5M (USD), Series C

    Aug 2010

  • Investors
    Cisco

    & 6 more

  • Employee Count
    56
  • Investments & Acquisitions
  • Acquired by
    Cisco

    & 1 more

    (Jun 2023)

Products & Services of Accedian

Accedian offers a comprehensive portfolio of products and services, including Provider Connectivity Assurance.

Provider Connectivity Assurance
Networking Software

Software for monitoring and optimizing network performance with real-time visibility.

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 $31M
  • Total Rounds 3
  • Last Round Series C — $19.5M
  • First Round $4M

    (Mar 2006)

  • Investors Count 5

All 3 funding rounds of Accedian with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2010$19.5MSeries C–Summit Partners
Feb 2008$7.5MSeries B–Rho Canada Partners
Mar 2006$4MSeries A–Skypoint Capital, Fonds de solidarite FTQ
–
Valuation history

7 investors in total: 7 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage tech startups are invested in by Rho Capital Partners.
rho.comNew York, United States
Summit Partners is recognized as a growth equity investment firm.
summitpartners.comBoston, United States
Early-stage equity funding is provided by Skypoint Capital Corporation.
skypointcorp.comNepean, Canada
Rho is engaged in investing in innovative companies since 1981.
1981rhocanada.comNew York, United States
Offers savings plans, investments, and financing for businesses and individuals.
1983fondsftq.comMontreal, Canada
AI and saas based cloud security solutions
1984cisco.comSan Jose, United States
Bridge Growth Partners is engaged in technology business investments.
bridgegrowthpartners.comNew York, United States
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Investor details for Accedian

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Accedian Networks India Private Limited (Accedian)

Accedian Networks India Private Limited is the primary company behind Accedian. The board of Accedian Networks India Private Limited currently have 2 directors; the longest-serving is Navneet Hrishikesan, appointed in 2023. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Navneet Hrishikesan
DIN 07033342
Director29 Sep 20233 yrs 1 moAccedian Networks India Private Limited
Kittur Subrahmanya Sandeep
DIN 11106844
Director19 May 20251 yr 5 moAccedian Networks India Private Limited

People of Accedian

1005 people are tracked at Accedian (398 in leadership, 10 in board & advisors, 597 in team); the tracked headcount is 56.

NameRoleGroup
Dion Joannou
CEOLeadership
Girish Parekh
SVP, CFO Global Sales & MarketingLeadership
Oliver Tuszik
EVP, Global Sales and Chief Sales OfficerLeadership
Liz Centoni
EVP & Chief Customer OfficerLeadership
Joshua Merrill
Chief Technical ArchitectLeadership
Aman Singh
Senior Director, Supply ChainLeadership
Dejana Stankovic
Director, Web AI ExperiencesLeadership
Torunn Bækken
Business Development Manager/ Financial Sales Specialist/partner Account ManagerLeadership
Nirav P Shroff
Vice President, Business Development / Strategic PartnershipsLeadership
Alan Love
Vp, Global Revenue Operations LeaderLeadership
Zainab Mayungbe
Director Of Product ManagementLeadership
Joe Fenner
Director, Product MarketingLeadership
Ted Tsortos
Director, Sales Strategy & Planning (global Sales)Leadership
Scott Sprinkle
Senior Director, Solutions Engineering GES Central Area At Cisco SystemsLeadership
Phil Wolfenden
Vice President Customer ExperienceLeadership
Vukota Pekovic
General Manager Cisco Silicon One R&d Center SerbiaLeadership
Alice Qi
Director, Partner Sales & Business DevelopmentLeadership
Przemyslaw Kania
Vice President, Service Provider – EMEALeadership
Amy Quick
Partner Development & EnablementLeadership
Leo Lian
Senior Director, Business TransformationLeadership

985 more people are available in the full profile.

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Complete people profiles for Accedian

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Financials of Accedian

Figures of Accedian Networks India Private Limited, the primary company behind Accedian, for FY 2024. Revenue was ₹6.11 Cr (-55% year on year). Net profit was ₹18.7 Lakh (3% margin). EBITDA was ₹40.2 Lakh (7% margin). Revenue has grown at a compounded annual rate of +14% over three years and +1% over five years.

  • ₹6.11 CrRevenue · FY 2024 · -55% YoY
  • ₹18.7 LakhNet profit · 3% margin
  • ₹40.2 LakhEBITDA · 7% margin
  • ₹1 LakhPaid-up capital
  • +14%Revenue CAGR, 3 years
  • +1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Accedian Networks India Private Limited are on its company page.

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Detailed financial statements 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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of application and network performance monitoring tool
performancevision.comParis, France2004Feb 2018••••
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Complete acquisition details for Accedian

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Verified entity values are shown only after access is granted.

Timeline of Accedian

6 dated milestones of Accedian across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Accedian is founded.
  2. Funding First funding round of $4.0M.
  3. Funding Latest funding round, Series C, of $19.5M.
  4. Exit Acquired by Bridge Growth Partners.
  5. Acquisition Acquires Performance Vision.
  6. Exit Acquired by Cisco.

Web traffic of Accedian

Websites that share an audience with Accedian (accedian.com).

Similar websites

Websites whose visitors overlap most with Accedian. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
actelis.com
100%
6.2K#2,293,694View details
genband.com
82%
View details
metaswitch.com
82%
29.8K#1,140,115View details
ipaccess.com
82%
View details
spirent.com
82%
60.6K#519,725View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 26 similar websites and full traffic analytics for Accedian

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Related news about 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 CEO of Accedian, as recorded in our data.

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 2006.

Accedian has 56 employees.

The primary company behind Accedian, Accedian Networks India Private Limited, reported revenue of ₹6.11 Cr for FY 2024, down 55% year on year.

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 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.

Accedian operates through Accedian Networks India Private Limited.

Yes. Accedian was acquired by Cisco in June 2023.

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