About AudioCodes
AudioCodes is a company based in Lod (Israel) founded in 1994.. The company has 946 employees as of December 31, 2024. AudioCodes has completed 4 acquisitions, including Active Communications, Callverso and Netrake Corporation. AudioCodes operates in a competitive market with competitors including RingCentral, Fuze, Cisco, Hewlett Packard Enterprise and Weave, among others.
- Headquarter Lod, Israel
- Employees 946 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Audiocodes Ltd.
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Annual Revenue
$242.18 M-0.9as on Dec 31, 2024
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Net Profit
$15.31 M74.38as on Dec 31, 2024
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EBITDA
$21.07 M23.82as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
946
as on Dec 31, 2024
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Investments & Acquisitions
Active Communications
& 3 more
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IPO & Listings of AudioCodes
AudioCodes is a publicly listed company on the NASDAQ with ticker symbol AUDC in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Sales and Marketing
96 people
Software Development Team
51 people
Leadership Team
30 people
Project Team
8 people
Human Resources and Administration
7 people
Field Team
7 people
Professional Team
6 people
Senior Team
6 people
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Funding Insights of AudioCodes
| 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 |
Investments & Acquisitions by AudioCodes
AudioCodes has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Active Communications, Callverso and Netrake Corporation. 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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Software development, AI, data-driven, and integration services are offered.
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2009 | ||||
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AI-based speech recognition solutions are provided by Callverso.
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2008 | ||||
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Limited information available
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2000 |
| 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 - AudioCodes
| 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 |
Audiocodes Comparisons
Competitors of AudioCodes
AudioCodes 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 RingCentral, Fuze, Cisco, Hewlett Packard Enterprise and Weave, 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 |
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
AI and saas based cloud security solutions
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| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
VoIP communication management is facilitated via a cloud-based enterprise platform.
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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 Audiocodes
Frequently Asked Questions about AudioCodes
When was AudioCodes founded?
AudioCodes was founded in 1994.
Where is AudioCodes located?
AudioCodes is headquartered in Lod, Israel. It is registered at Lod, Central District, Israel.
How many employees does AudioCodes have?
As of Dec 31, 2024, the latest employee count at AudioCodes is 946.
What is the annual revenue of AudioCodes?
Annual revenue of AudioCodes is $242.18M as on Dec 31, 2024.
What does AudioCodes do?
AudioCodes was founded in 1994 in Lod, Israel, and operates in the communications sector. A cloud-based platform is offered for VoIP network management, with converged VoIP and network elements developed alongside applications. Media servers, gateways, routers, session border controllers, IP phones, and solutions for Microsoft UC and Lync are supplied. Additional applications include SmartTAP Recording Solution, SIP Phone Support, Fax Server, and Auto Attendant.
Who are the top competitors of AudioCodes?
AudioCodes's top competitors include Bandwidth, RingCentral and Weave.
Is AudioCodes publicly traded?
Yes, AudioCodes is publicly traded on NASDAQ under the ticker symbol AUDC.
How many acquisitions has AudioCodes made?
AudioCodes has made 4 acquisitions, including Active Communications, Callverso, and Netrake Corporation.
What is AudioCodes's ticker symbol?
The ticker symbol of AudioCodes is AUDC on NASDAQ.
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