About Acision
Acision is a company based in Reading (United Kingdom) founded in 2007 was acquired by Comverse Technology in August 2015. Acision has raised $100 million across 2 funding rounds from investors including Comverse, Access Industries and IIU. Acision has completed 2 acquisitions, including Crocodile RCS and MindMatics AG.
- Headquarter Reading, United Kingdom
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$100 M (USD)
in 2 rounds
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Latest Funding Round
$160 M (USD), Debt – Conventional
Feb 04, 2015
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Investors
Comverse
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
Crocodile RCS
& 1 more
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Acquired by
Comverse Technology
(Aug 06, 2015)
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People of Acision
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Software Development Team
79 people
Leadership Team
62 people
Sales and Marketing
49 people
Operations Team
22 people
Senior Team
14 people
Product Management Team
12 people
Finance and Accounting
5 people
Legal and Compliance
3 people
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Funding Insights of Acision
Acision has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $160 million completed in February 2015. 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 Acision
Acision has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Comverse, Access Industries and IIU.
| Investor | Description | Founded Year | Domain | Location |
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Investment and holding company controlled by Len Blavatnik
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Atlantic Bridge is focused on growth equity investments in technology.
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Locked | Locked | Locked |
Investor details for Acision
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Investments & Acquisitions by Acision
Acision has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Crocodile RCS and MindMatics AG.
Investment portfolio details for Acision
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Complete telecommunication infrastructure services are provided by Crocodile RCS.
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Mobile messaging and payment solutions are provided by the company.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for Acision
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Financial Statements - Acision
Detailed financials for Acision
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Acision Comparisons
Peer comparison for Acision
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Competitors of Acision
Detailed competitors of Acision
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Latest news on Acision
Complete news archive for Acision
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Frequently Asked Questions about Acision
Acision was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Acision is headquartered in Reading, United Kingdom.
Acision is a funded company, having raised a total of $100M across 2 funding rounds to date.
Acision was founded in 2007 and is headquartered in Reading, United Kingdom. Solutions in cloud-native software and network infrastructure are offered to telecommunications providers, focusing on 5G evolution, network automation, and IoT platforms. Radio access, core networks, and digital enablement are encompassed in the product suite. Maintenance, support, and professional services are also provided to aid network modernization and operational efficiency.
Acision has made 2 acquisitions, including Crocodile RCS, and MindMatics AG.
Acision has 4 investors. Key investors include Comverse, Access Industries, IIU, and Atlantic Bridge.