BroadSoft

Gaithersburg, United States Founded: 1998 • Age: 28 yrs Listed Acquired By Cisco
Unified communication solutions are delivered for service providers and enterprises.

About BroadSoft

BroadSoft is a Telecommunications company based in Gaithersburg (United States) founded in 1998, and was acquired by Cisco in October 2017. Unified communication solutions are delivered for service providers and enterprises. It operates in the Telecommunications and Technology sectors. BroadSoft has raised $67 million across 5 funding rounds from investors including Cisco, Bessemer Venture Partners and Tekelec. The company has 198 employees. 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. Its focus areas include Telecom, Telecom Infrastructure Tech, Core Network and Software. Its legal entity in India is Broadsoft Technologies Private Limited (U72200TN2005PTC056756). Its competitors include Twilio, RingCentral and Genesys; 3 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Indian entity revenue
    ₹2,854

    FY 2022

  • Indian entity net loss
    -₹3.9 Lakh

    FY 2022 · -13731% margin

  • Indian entity EBITDA
    -₹3.9 Lakh

    FY 2022 · -13731% margin

  • Total Equity Funding
    $67M (USD)

    in 5 rounds

  • Investors
    Cisco

    & 10 more

  • Employee Count
    198
  • Investments & Acquisitions
    Casabi

    & 15 more

  • Acquired by
    Cisco

    (Oct 2017)

Products & Services of BroadSoft

BroadSoft offers a comprehensive portfolio of products and services, including Webex Suite, Webex Contact Center, and Cisco IP Phones.

Webex Suite
Collaboration Platform

Enables unified communications and teamwork for remote and hybrid work environments.

Webex Contact Center
Contact Center Solution

Delivers personalized omnichannel experiences for customer interactions.

Cisco IP Phones
Communication Devices

Provides voice and video tools for business conferencing and calls.

Apps and channels of BroadSoft

its YouTube channel Cisco has 39.4K subscribers and 30 videos.

Cisco
YouTube 39.4K subscribers 30 videos Science & Technology
Open channel

Videos from BroadSoft

The most watched videos on BroadSoft's YouTube channel, Cisco (39.4K subscribers). Click a video to play it here.

Talking network visibility, operational efficiency, and cybersecurity with Jorge Ramirez
174.8K views
Employee experience, AI-powered collaboration, and future-proofing workplaces with Snorre Kjesbu
98.7K views
Podcast: AI and Security
84.5K views
How Cisco Built an AI-Ready Data Center in 3 Months
33.8K views

More on Cisco.

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.

  • Total Funding $67M
  • Total Rounds 5
  • First Round $23M

    (Jun 2000)

  • Investors Count 10

All 5 funding rounds of BroadSoft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2014Post-IPO––
Nov 2009$1.5MSeries D––
–
Jul 2007$10MSeries D–Meritech
Sep 2002$32.5MSeries C–RRE Ventures, Grotech Ventures
Jun 2000$23MSeries B–Crescendo Ventures, Comdisco
–
Valuation history

11 investors in total: 11 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
nagrowth.com
Private equity investments are directed toward US-based companies.
meritechcapital.comPalo Alto, United States
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
1911bvp.comRedwood City, United States
CRV is recognized as a venture capital firm investing in technology startups.
crv.comPalo Alto, United States
US tech companies are funded across stages by Columbia Capital.
colcap.comAlexandria, United States
crescendoventures.com
Early-stage US tech startups are invested in by Grotech Ventures.
grotech.comArlington, United States
VC firm investing in seed and early stage companies in the US
rre.comNew York, United States
Mobile broadband solutions for subscriber data management are provided.
1971tekelec.comMorrisville, United States
IT software and hardware reselling services are provided by Comdisco.
1969comdisco.com
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Investor details for BroadSoft

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Broadsoft Technologies Private Limited (BroadSoft)

Broadsoft Technologies Private Limited is the primary company behind BroadSoft. The board of Broadsoft Technologies Private Limited currently have 2 directors; the longest-serving is Srihari Varanasi, appointed in 2018. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srihari Varanasi
DIN 07290039
Director11 Sep 20188 yrs 2 moBroadsoft Technologies Private Limited
Pradyumna Ghosh
DIN 06772609
Director09 Feb 20224 yrs 9 moBroadsoft Technologies Private Limited

People of BroadSoft

1004 people are tracked at BroadSoft (397 in leadership, 10 in board & advisors, 597 in team); the tracked headcount is 198.

NameRoleGroup
Girish Parekh
SVP, CFO Global Sales & MarketingLeadership
Oliver Tuszik
EVP, Global Sales and Chief Sales OfficerLeadership
Liz Centoni
EVP & Chief Customer OfficerLeadership
Joshua Merrill
Chief Technical ArchitectLeadership
Aman Singh
Senior Director, Supply ChainLeadership
Dejana Stankovic
Director, Web AI ExperiencesLeadership
Torunn Bækken
Business Development Manager/ Financial Sales Specialist/partner Account ManagerLeadership
Nirav P Shroff
Vice President, Business Development / Strategic PartnershipsLeadership
Alan Love
Vp, Global Revenue Operations LeaderLeadership
Zainab Mayungbe
Director Of Product ManagementLeadership
Joe Fenner
Director, Product MarketingLeadership
Ted Tsortos
Director, Sales Strategy & Planning (global Sales)Leadership
Scott Sprinkle
Senior Director, Solutions Engineering GES Central Area At Cisco SystemsLeadership
Phil Wolfenden
Vice President Customer ExperienceLeadership
Vukota Pekovic
General Manager Cisco Silicon One R&d Center SerbiaLeadership
Alice Qi
Director, Partner Sales & Business DevelopmentLeadership
Przemyslaw Kania
Vice President, Service Provider – EMEALeadership
Amy Quick
Partner Development & EnablementLeadership
Leo Lian
Senior Director, Business TransformationLeadership
Alexandra Lopez
SVP & Chief Procurement OfficerLeadership

984 more people are available in the full profile.

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Complete people profiles for BroadSoft

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of BroadSoft

Figures of Broadsoft Technologies Private Limited, the primary company behind BroadSoft, for FY 2022. Revenue was ₹2,854. Net loss was -₹3.9 Lakh (-13731% margin). EBITDA was -₹3.9 Lakh (-13731% margin). Revenue has grown at a compounded annual rate of -98% over three years and -90% over five years.

  • ₹2,854Revenue · FY 2022
  • -₹3.9 LakhNet loss · -13731% margin
  • -₹3.9 LakhEBITDA · -13731% margin
  • ₹2 LakhPaid-up capital
  • 198Employees (provident fund records)
  • -98%Revenue CAGR, 3 years
  • -90%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Broadsoft Technologies Private Limited are on its company page.

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Detailed financial statements for BroadSoft

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by BroadSoft

BroadSoft has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Casabi, Hipcom and Ilinc.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Hosted PBX platforms and managed VoIP services are provided.
voiplogic.comPittsfield, United States2003Oct 2016••••
Team communication and collaboration are managed via an integrated platform.
intellinote.netReston, United States2013May 2016••••
On-demand software for contact center communications and analytics is provided.
transerainc.comSunnyvale, United States2004Feb 2016••••
Broadband services are delivered to users across Japan.
pbxl.co.jpMinato, Japan2006Nov 2015••••
Mobile user experience
mportal.comMclean, United States2000Jun 2015••••
BSS/OSS solutions are provided for communications enterprises.
leonidsystems.comSan Francisco, United States2007Jan 2015••••
End-to-end property management solutions are provided to hospitality.
sddsystems.comGarland, United States1997Aug 2014••••
Cloud-based telephony and unified communications are provided to German SMEs.
placetel.deCologne, Germany2008Dec 2013$9M
Limited information available
hipcom.co.ukCrawley, United Kingdom2005Aug 2013••••
Limited information available
adpt-tech.com2006Aug 2012••••
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Complete acquisition details for BroadSoft

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of BroadSoft

15 dated milestones of BroadSoft across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded BroadSoft is founded.
  2. Funding First funding round of $23.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires adpt-tech.
  5. Acquisition Acquires Hipcom.
  6. Acquisition Acquires Placetel.
  7. Funding Latest funding round, Post-IPO,.
  8. Acquisition Acquires Sddsystems.
  9. Acquisition Acquires Leonid Systems.
  10. Acquisition Acquires mPortal.
  11. Acquisition Acquires PBXL.
  12. Acquisition Acquires Transera.
  13. Acquisition Acquires Intellinote.
  14. Acquisition Acquires VoIP Logic.
  15. Exit Acquired by Cisco.

Competitors of BroadSoft

BroadSoft has 3 listed competitors in our database, 3 of them funded. They include Twilio, RingCentral and Genesys.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
twilio.com2008San Francisco, United States$239.77M231
Cloud-based omnichannel communication and customer engagement platform is utilized.
ringcentral.com1999Belmont, United States$44M4,084
Cloud-based unified communication solutions are offered to diverse sectors.
genesys.com1990Daly, United States$2.98B651
Cloud-based omnichannel customer experience and contact center solutions are delivered.
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Detailed competitors of BroadSoft

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of BroadSoft

The website of BroadSoft (broadsoft.com) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▼ 69.9% vs previous month

Similar websites

Websites whose visitors overlap most with BroadSoft. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
genband.com
100%
View details
metaswitch.com
92%
29.8K#1,140,115View details
broadvox.com
91%
View details
sonusnet.com
sonusnet.com
85%
–
avaya.com
84%
432.4K#115,660View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 13 similar websites and full traffic analytics for BroadSoft

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 13 similar websites
  • Audience overlap
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  • Traffic by brand

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 BroadSoft (Telecom Infrastructure Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud networking solutions are delivered via AI and SaaS platforms.
2004Santa Clara, California, United StatesUSD 1.5 MUSD 7 B4,410
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Multi-access edge networking computing platform is provided for mobile services.
2005Richardson, Texas, United StatesUSD 105.36 M
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Related news about 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. The company's 1st funding round was a Series B of $23M, raised on Jun 2000.

BroadSoft has 198 employees.

The primary company behind BroadSoft, Broadsoft Technologies Private Limited, reported revenue of ₹2,854 for FY 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 RingCentral.

BroadSoft offers Webex Suite, Webex Contact Center, and Cisco IP Phones.

BroadSoft has made 16 acquisitions, including Casabi, Hipcom, and Ilinc.

BroadSoft has 11 investors. Key investors include Cisco, Bessemer Venture Partners, Tekelec, Comdisco, and New Amsterdam Growth Capital.

BroadSoft operates through Broadsoft Technologies Private Limited.

Yes. BroadSoft was acquired by Cisco in October 2017.

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