Acision

Reading, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By Comverse Technology
Cloud-native software and network infrastructure solutions are provided for telecommunications.
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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
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 2 rounds

  • Latest Funding Round
    $160 M (USD), Debt – Conventional

    Feb 04, 2015

  • Investors
    Comverse

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Comverse Technology

    (Aug 06, 2015)

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People of Acision
Headcount 5000-10000
Employee Profiles 277
Board Members and Advisors 4
Employee Profiles
People
BG Kumar
President Core Products
People
Ilia Abramov
VP, GM, Security Business Unit
People
Sandeep Singh
SVP, GM, Digital Business Enablement
People
Patrik Jakobson
VP - Business Development And Sales, EMEA

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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.

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $160.0M
  • First Round

    (05 Oct 2010)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2015 Amount Debt – Conventional - Acision Valuation

investors

Oct, 2010 Amount Private Equity Round - Acision Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment and holding company controlled by Len Blavatnik
Founded Year Domain Location
-
Founded Year Domain Location
Atlantic Bridge is focused on growth equity investments in technology.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acision

Acision has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Crocodile RCS and MindMatics AG. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Complete telecommunication infrastructure services are provided by Crocodile RCS.
2010
Mobile messaging and payment solutions are provided by the company.
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Acision

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acision Comparisons

Employees
+
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Competitors of Acision

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acision

Frequently Asked Questions about Acision

When was Acision founded?

Acision was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Acision located?

Acision is headquartered in Reading, United Kingdom.

Is Acision a funded company?

Acision is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Oct 05, 2010.

What does Acision do?

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.

How many acquisitions has Acision made?

Acision has made 2 acquisitions, including Crocodile RCS, and MindMatics AG.

Who are Acision's investors?

Acision has 4 investors. Key investors include Comverse, Access Industries, IIU, and Atlantic Bridge.

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