Atreus Systems

Ottawa, Canada Founded: 1999 • Age: 27 yrs Acquired By Ribbon
Atreus Systems is recognized as a leading supplier of provisioning software for VoIP and IP services.
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About Atreus Systems

Atreus Systems is a company based in Ottawa (Canada) founded in 1999 was acquired by Ribbon in April 2008. It operates as a SaaS (Software-as-a-Service). Atreus Systems has raised $18 million across 2 funding rounds from investors including TELUS, Ribbon Communications and BDC. Atreus Systems offers products and services including Provisioning Software and Customer Self-Management. Atreus Systems operates in a competitive market with competitors including Sandvine, NetScout, Neusoft, Synchronoss and AsiaInfo, among others.

  • Headquarter Ottawa, Canada
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Software & Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5 M (USD), Series C

    Jan 06, 2006

  • Investors
    TELUS

    & 7 more

  • Employee Count
    Employee Count
  • Acquired by
    Ribbon

    (Apr 21, 2008)

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Products & Services of Atreus Systems

Atreus Systems offers a comprehensive portfolio of products and services, including Provisioning Software and Customer Self-Management. 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.

Primary

Software for provisioning VoIP and IP services is provided.

Tools for self-management of IP services are offered.

Funding Insights of Atreus Systems

Atreus Systems has successfully raised a total of $18M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $5 million completed in January 2006. 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 Series C — $5.0M
  • First Round

    (11 Sep 2003)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2006 Amount Series C - Atreus Systems Valuation

investors

Sep, 2003 Amount Series C - Atreus Systems 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 Atreus Systems

Atreus Systems has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include TELUS, Ribbon Communications and BDC. 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
-
Founded Year Domain Location
-
Founded Year Domain Location
Early-stage equity funding is provided by Skypoint Capital Corporation.
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 Atreus Systems

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

Financial Statements - Atreus Systems

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

Atreus Systems Comparisons

Employees
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Competitors of Atreus Systems

Atreus Systems 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 Sandvine, NetScout, Neusoft, Synchronoss and AsiaInfo, 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
Network policy control products are provided for broadband service providers.
domain founded_year HQ Location
Cloud-based visual tools for network performance management are provided.
domain founded_year HQ Location
IT solutions and services are provided to multiple industries.
domain founded_year HQ Location
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
domain founded_year HQ Location
OSS/BSS and IT services are provided to the telecommunications sector.
domain founded_year HQ Location
Cloud-based OSS and BSS solutions are provided to communications providers.
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 Atreus Systems

Frequently Asked Questions about Atreus Systems

When was Atreus Systems founded?

Atreus Systems was founded in 1999 and raised its 1st funding round 4 years after it was founded.

Where is Atreus Systems located?

Atreus Systems is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Who is the current CEO of Atreus Systems?

Andrea Baptiste is the current CEO of Atreus Systems.

Is Atreus Systems a funded company?

Atreus Systems is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a Series C of $13M, raised on Sep 11, 2003.

What does Atreus Systems do?

Atreus Systems is established as a key provider of provisioning, activation, and customer self-management software for converged IP services. Solutions are offered for VoIP, mobile, messaging, IP TV, IMS, and collaboration services. The company is focused on both business and consumer VoIP markets, alongside business applications. Integration with Sonus Networks is noted as part of its corporate development.

Who are the top competitors of Atreus Systems?

Atreus Systems's top competitors include Sandvine, Iconectiv and NetScout.

What products or services does Atreus Systems offer?

Atreus Systems offers Provisioning Software and Customer Self-Management.

Who are Atreus Systems's investors?

Atreus Systems has 8 investors. Key investors include TELUS, Ribbon Communications, BDC, Meritage Funds, and Mobius Venture Capital.

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