About Beanfield
Beanfield is a company based in Toronto (Canada) founded in 1988 by Dan Armstrong was acquired by DigitalBridge in November 2019.. Beanfield has completed 4 acquisitions, including Beanfield, FibreStream and OpenFace. Beanfield operates in a competitive market with competitors including Ciena, Everstream, Broadcom, BizLink and Xtera, among others.
- Headquarter Toronto, Canada
- Founders Dan Armstrong
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
DigitalBridge
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Beanfield
& 3 more
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Acquired by
DigitalBridge
(Nov 12, 2019)
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Funding Insights of Beanfield
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Unspecified - Beanfield | Valuation | OMERS Infrastructure |
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| Oct, 2019 | Amount | Private Equity Round - Beanfield | Valuation | DigitalBridge |
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| 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 |
Investors in Beanfield
Beanfield has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DigitalBridge and OMERS Infrastructure. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on clean energy investments
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Founded Year | Domain | Location | |
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Digital infrastructure and real estate investments are managed by DigitalBridge.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beanfield
Beanfield has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Beanfield, FibreStream and OpenFace. 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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Internet services are provided to customers in Ottawa, Canada.
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2009 | ||||
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Business phone systems and VoIP solutions are provided by Epik.
|
2001 | ||||
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Business communication, hosting, and data center colocation provider
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1996 |
| 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 - Beanfield
| 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 |
Beanfield Comparisons
Competitors of Beanfield
Beanfield 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 Ciena, Everstream, Broadcom, BizLink and Xtera, 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 |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Heads-up displays for augmented reality are designed and manufactured.
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| domain | founded_year | HQ Location |
Data center fiber optic networks and connectivity solutions are provided.
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| domain | founded_year | HQ Location |
Optical and electronics equipment manufacturer
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| domain | founded_year | HQ Location |
Optical transport solutions are provided for high-capacity networking.
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| domain | founded_year | HQ Location |
Fiber communication infrastructure and connectivity solutions are provided by Zayo.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Beanfield
Frequently Asked Questions about Beanfield
When was Beanfield founded?
Beanfield was founded in 1988 and raised its 1st funding round 31 years after it was founded.
Where is Beanfield located?
Beanfield is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Beanfield?
Dan Armstrong is the current CEO of Beanfield. They have also founded this company.
What does Beanfield do?
Beanfield Metroconnect (tradename of Beanfield Technologies) is a telecom and TV services provider which caters to residential and business customers in Canada. It offers fiber-optic broadband internet access with data speeds up to 10 Gbps, Ethernet, multiple speed based internet plans, dedicated internet access, local and long distance telephony (with custom calling features including call transfer, voicemail, 3-way calling, caller ID, etc), multiple calling plans, dark fiber, colocation, TV services, leased lines, installation, maintenance, and support services. It provides these services through its own data center and fiber-optic network infrastructure. It also provides cloud connectivity services through the partnership with Google, Aws, Azure, Oracle, Megaport, Salesforce, etc.
Who are the top competitors of Beanfield?
Beanfield's top competitors include Ciena, Broadcom and Everstream.
How many acquisitions has Beanfield made?
Beanfield has made 4 acquisitions, including Beanfield, FibreStream, and OpenFace.
Who are Beanfield's investors?
Beanfield has 2 investors. Key investors include DigitalBridge, and OMERS Infrastructure.
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