About BroadSoft
BroadSoft is a company based in Gaithersburg (United States) founded in 1998 was acquired by Cisco in October 2017. BroadSoft has raised $67 million across 5 funding rounds from investors including Cisco, Bessemer Venture Partners and Tekelec. The company has 198 employees as of March 28, 2024. BroadSoft has completed 16 acquisitions, including Casabi, Hipcom and Ilinc. BroadSoft offers products and services including Webex Suite, Webex Contact Center, and Cisco IP Phones. BroadSoft operates in a competitive market with competitors including Twilio, RingCentral, Genesys, Freshworks and Dialpad, among others.
- Headquarter Gaithersburg, United States
- Employees 198 as on 28 Mar, 2024
- Stage Public
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Sectors
TelecommunicationsTechnology
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Phone
Locked
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Website
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Social
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- Legal Name Broadsoft Technologies Private Limited
- Date of Incorporation 29 Jun, 2005
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$34.53 (USD)0as on Mar 31, 2022
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Net Profit
-$4.74 K (USD)96.2as on Mar 31, 2022
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EBITDA
-$3.6 K (USD)82.69as on Mar 31, 2022
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Total Equity Funding
$67 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Cisco
& 10 more
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Employee Count
198
as on Mar 28, 2024
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Investments & Acquisitions
Casabi
& 15 more
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Acquired by
Cisco
(Oct 23, 2017)
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Products & Services of BroadSoft
BroadSoft offers a comprehensive portfolio of products and services, including Webex Suite, Webex Contact Center, and Cisco IP Phones.
Enables unified communications and teamwork for remote and hybrid work environments.
Delivers personalized omnichannel experiences for customer interactions.
Provides voice and video tools for business conferencing and calls.
People of BroadSoft
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Software Development Team
247 people
Sales and Marketing
174 people
Leadership Team
138 people
Product Management Team
77 people
Operations Team
57 people
Human Resources and Administration
40 people
Finance and Accounting
24 people
Unknown Team
20 people
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Funding Insights of BroadSoft
BroadSoft has successfully raised a total of $67M across 5 strategic funding rounds. 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.
Investors in BroadSoft
BroadSoft has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Bessemer Venture Partners and Tekelec.
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Private equity investments are directed toward US-based companies.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for BroadSoft
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Investments & Acquisitions by BroadSoft
BroadSoft has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Casabi, Hipcom and Ilinc.
Investment portfolio details for BroadSoft
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Team communication and collaboration are managed via an integrated platform.
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Cloud-based telephony and unified communications are provided to German SMEs.
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BSS/OSS solutions are provided for communications enterprises.
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Complete acquisition details for BroadSoft
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Financial Statements - BroadSoft
Detailed financials for BroadSoft
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Broadsoft Comparisons
Peer comparison for BroadSoft
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Competitors of BroadSoft
BroadSoft 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 Twilio, RingCentral, Genesys, Freshworks and Dialpad, among others.
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Cloud-based omnichannel communication and customer engagement platform is utilized.
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Cloud-based unified communication solutions are offered to diverse sectors.
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Cloud-based omnichannel customer experience and contact center solutions are delivered.
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Cloud-based business process management suite solutions are delivered.
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Cloud-based unified communication solutions including voice and video are provided.
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Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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Detailed competitors of BroadSoft
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Latest news on Broadsoft
Complete news archive for BroadSoft
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Frequently Asked Questions about BroadSoft
BroadSoft was founded in 1998 and raised its 1st funding round 2 years after it was founded.
BroadSoft is headquartered in Gaithersburg, United States. It is registered at Gaithersburg, Maryland, United States.
BroadSoft is a funded company, having raised a total of $67M across 5 funding rounds to date.
As of Mar 28, 2024, the latest employee count at BroadSoft is 198.
Annual revenue of BroadSoft is $34.53 as on Mar 31, 2022.
Enable mobile, fixed-line and cable service providers to deliver hosted, cloud-based Unified Communications over IP based networks. Its UC solution includes HD voice and video calling, audio conferencing, IMP, desktop sharing and collaboration and call center capabilities accessed through desk phones, smartphones, tablets, laptops and PCs. It offers BroadWorks in which service provider is responsible for the development and implementation of the overall solution. Second deployment option is BroadCloud SaaS offering which includes UC-One and other BroadWorks capabilities within their own data centers and provide operations capabilities covering sales and order management, service delivery, device provisioning, customer service and billing. Has made 8 acquisitions since 2008.
BroadSoft's top competitors include Twilio, Genesys and Freshworks.
BroadSoft offers Webex Suite, Webex Contact Center, and Cisco IP Phones.
BroadSoft has 11 investors. Key investors include Cisco, Bessemer Venture Partners, Tekelec, Comdisco, and New Amsterdam Growth Capital.