About BridgePort Networks
BridgePort Networks is a Telecommunications company based in Chicago (United States) founded in 2002, and was acquired by CounterPath in February 2008. BridgePort Networks has raised $38 million across 2 funding rounds from investors including BCE, CounterPath and Birch Hill Equity Partners. The company was acqui-hired. Its focus areas include Telecom, Telecom Infrastructure Tech, Core Network and Software. Its competitors include Dialpad, RingCentral and Fuze; 3 of its 3 listed competitors have raised funding.
Company details
Mobile VoIP applications and solutions provider. The platform offers solutions to telecom operators, enterprise sectors, and other service providers. Its core product portfolio includes NomadicONE - extends identity phone number services over multiple access networks, including mobile, cable, DSL, Wi-Fi, and other broadband networks with multiple features including powerful or mobile convergence capabilities, serving or mobile switching center, presence server, and more, NomadicONE IMS Convergence Server - builds on NomadicONE Network Convergence Gateway architecture and integrates new functionality interfaces required to operate in emerging IMS networks with multiple features include low-risk evolution to IMS based risk architecture, IMS functionality, and IMS-compliant features. It offers Dual-mode Handover, mobile business, mobile IP-Centrex, and mobile IP-PBX applications, which are designed to be used and integrated with users applications for communications.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsTelecommunications
- Website bridgeport-networks.com
- Social LinkedIn
- Acquired by CounterPath (Feb 2008)
- Total Equity Funding$38M (USD)
in 2 rounds
- Latest Funding Round$13M (USD), Series B
Nov 2006
- InvestorsBCE
& 4 more
- Acquired byCounterPath
(Feb 2008)
Funding Insights of BridgePort Networks
BridgePort Networks has successfully raised a total of $38M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13 million completed in November 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 $38M
- Total Rounds 2
- Last Round Series B — $13M
- First Round $25M
(Sep 2004)
- Investors Count 4
All 2 funding rounds of BridgePort Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2006 | $13M | Series B | – | – | |
| Sep 2004 | $25M | Series B | – | Birch Hill Equity Partners |
5 investors in total: 5 institutional.
Investors in BridgePort Networks
BridgePort Networks has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include BCE, CounterPath and Birch Hill Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused venture capital firm | polarispartners.com | Boston, United States | ||
Private equity investments are directed toward growth-stage companies across sectors. | 1994 | birchhillequity.com | Toronto, Canada | |
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Broadband communications and content services are delivered to diverse customers. | 1880 | bce.ca | Montreal, Canada | |
Cloud-based unified communication management software is provided for enterprises. | 2002 | counterpath.com | Vancouver, Canada |
Investor details for BridgePort Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of BridgePort Networks
4 dated milestones of BridgePort Networks across 6 years, from founding to its latest funding, stage changes and deals.
- Founded BridgePort Networks is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Series B, of $13.0M.
- Exit Acquired by CounterPath.
Competitors of BridgePort Networks
BridgePort Networks has 3 listed competitors in our database, 3 of them funded. They include Dialpad, RingCentral and Fuze.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dialpad.com | 2011 | San Ramon, United States | $475.91M | 119 | Cloud-based unified communication solutions including voice and video are provided. | |
| ringcentral.com | 1999 | Belmont, United States | $44M | 4,084 | Cloud-based unified communication solutions are offered to diverse sectors. | |
| fuze.com | 2006 | Boston, United States | $542.81M | 771 | Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions. |
Detailed competitors of BridgePort Networks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Telecom Infrastructure Tech
3 companies that operate in the same segment as BridgePort Networks (Telecom Infrastructure Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud networking solutions are delivered via AI and SaaS platforms. | 2004 | Santa Clara, California, United States | USD 1.5 M | USD 7 B | 4,410 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Multi-access edge networking computing platform is provided for mobile services. | 2005 | Richardson, Texas, United States | USD 105.36 M |
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Frequently Asked Questions about BridgePort Networks
BridgePort Networks was founded in 2002 and raised its 1st funding round 2 years after it was founded.
BridgePort Networks is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
BridgePort Networks is a funded company, having raised a total of $38M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Sep 2004.
Mobile VoIP applications and solutions provider. The platform offers solutions to telecom operators, enterprise sectors, and other service providers. Its core product portfolio includes NomadicONE - extends identity phone number services over multiple access networks, including mobile, cable, DSL, Wi-Fi, and other broadband networks with multiple features including powerful or mobile convergence capabilities, serving or mobile switching center, presence server, and more, NomadicONE IMS Convergence Server - builds on NomadicONE Network Convergence Gateway architecture and integrates new functionality interfaces required to operate in emerging IMS networks with multiple features include low-risk evolution to IMS based risk architecture, IMS functionality, and IMS-compliant features. It offers Dual-mode Handover, mobile business, mobile IP-Centrex, and mobile IP-PBX applications, which are designed to be used and integrated with users applications for communications.
BridgePort Networks's top competitors include Dialpad, RingCentral and Fuze.
BridgePort Networks has 5 investors. Key investors include BCE, CounterPath, Birch Hill Equity Partners, Polaris Partners, and General Catalyst.
Yes. BridgePort Networks was acquired by CounterPath in February 2008.