BlueJeans Network

San Jose, United States Founded: 2009 • Age: 17 yrs Acquired By Verizon
Cloud-based video conferencing software is provided for user connections.
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About BlueJeans Network

BlueJeans Network is a company based in San Jose (United States) founded in 2009 was acquired by Verizon in April 2020.. BlueJeans Network has raised $169.5 million across 4 funding rounds from investors including Verizon, Accel and Norwest Venture Partners. The company has 184 employees as of April 03, 2024. BlueJeans Network operates in a competitive market with competitors including Dialpad, Fuze, Webex, Zoom and Skype, among others.

  • Headquarter San Jose, United States
  • Employees 184 as on 03 Apr, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blue Jeans Network India Private Limited
  • Date of Incorporation 11 Sep, 2012
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $7.32 M (USD)
    -39.57
    as on Mar 31, 2021
  • Net Profit
    $566.32 K (USD)
    -56.43
    as on Mar 31, 2021
  • EBITDA
    $1.12 M (USD)
    -27.45
    as on Mar 31, 2021
  • Total Equity Funding
    $169.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $76.5 M (USD), Series E

    Sep 23, 2015

  • Investors
    Verizon

    & 6 more

  • Employee Count
    184

    as on Apr 03, 2024

  • Acquired by
    Verizon

    (Apr 16, 2020)

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People of BlueJeans Network
Headcount 10000+
Employee Profiles 974
Board Members and Advisors 10
Employee Profiles
People
Aaron Silverberg
Associate Director, Brand Strategy
People
Mike Sarcone
Vice President - Verizon Value Brands
People
Gene Timmons
Principal - Experience Design
People
Jay Lockhart
Associate Director - Sales Operations & Enablement

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Board Members and Advisors
people
Roxanne S. Austin
Director
people
Shellye L. Archambeau
Director
people
Mark T. Bertolini
Director
people
Clarence Otis
Lead Director

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Funding Insights of BlueJeans Network

BlueJeans Network has successfully raised a total of $169.5M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $76.5 million completed in September 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 4
  • Last Round Series E — $76.5M
  • First Round

    (29 Jun 2011)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Series E - BlueJeans Network Valuation

investors

Sep, 2013 Amount Series D - BlueJeans Network Valuation

investors

Jun, 2012 Amount Series C - BlueJeans Network 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 BlueJeans Network

BlueJeans Network has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, Accel and Norwest Venture Partners. 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
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Accel is recognized as a leading venture capital firm.
Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
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 BlueJeans Network

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 - BlueJeans Network

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

Bluejeans Network Comparisons

Employees
+
Add Comparison
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Competitors of BlueJeans Network

BlueJeans Network 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 Dialpad, Fuze, Webex, Zoom and Skype, 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 unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
domain founded_year HQ Location
Solutions for virtual meetings and training sessions are provided.
domain founded_year HQ Location
Zoom is recognized for providing AI-first collaboration and communication solutions.
domain founded_year HQ Location
VoIP software for internet video chats and calls is offered.
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 Bluejeans Network

Frequently Asked Questions about BlueJeans Network

When was BlueJeans Network founded?

BlueJeans Network was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is BlueJeans Network located?

BlueJeans Network is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is BlueJeans Network a funded company?

BlueJeans Network is a funded company, having raised a total of $169.5M across 4 funding rounds to date. The company's 1st funding round was a Series C of $25M, raised on Jun 29, 2011.

How many employees does BlueJeans Network have?

As of Apr 03, 2024, the latest employee count at BlueJeans Network is 184.

What is the annual revenue of BlueJeans Network?

Annual revenue of BlueJeans Network is $7.32M as on Mar 31, 2021.

What does BlueJeans Network do?

BlueJeans Network was established in 2009 in San Jose, United States, within the cloud computing and telecommunications sector. Video conferencing capabilities are delivered through a software platform that supports connections from any device, location, or time. Operations encompass encrypted meeting scheduling, screen sharing functionalities, webinar hosting, and integrations with multiple tools. The service is utilized for business communications across various industries.

Who are the top competitors of BlueJeans Network?

BlueJeans Network's top competitors include Dialpad, Webex and Zoom.

Who are BlueJeans Network's investors?

BlueJeans Network has 7 investors. Key investors include Verizon, Accel, Norwest Venture Partners, NEA, and Battery Ventures.

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