About C1
C1 is a company based in Minneapolis (United States) founded in 1988 was acquired by Converge One in October 2014. It operates as a SaaS (Software-as-a-Service), and Managed Services. C1 has raised $12 million across 1 funding round from investors including Converge One, Split Rock Partners and BlueStream Ventures. The company has 84 employees as of December 31, 2022. C1 has completed 1 acquisition, including Calabrio. C1 offers products and services including C1 Elly, Contact Center as a Service (CCaaS), Unified Communications as a Service (UCaaS), and AI-Powered Security. C1 operates in a competitive market with competitors including Dialpad, Genesys, Zendesk, Freshworks and Twilio, among others.
- Headquarter Minneapolis, United States
- Employees 84 as on 31 Dec, 2022
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Spanlink Communications, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 1 rounds
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Latest Funding Round
$12 M (USD), Series A
Jul 11, 2005
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Investors
Converge One
& 2 more
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Employee Count
84
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Converge One
(Oct 03, 2014)
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Products & Services of C1
C1 offers a comprehensive portfolio of products and services, including C1 Elly, Contact Center as a Service (CCaaS), Unified Communications as a Service (UCaaS), and AI-Powered Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Generative AI platform is managed for enterprise solutions.
AI-powered contact center solution is fully managed by C1.
Unified communication service is provided for enterprise collaboration.
Security solutions are enhanced with AI-powered threat detection.
Funding Insights of C1
C1 has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series A round of $12 million completed in July 2005. 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 Funding
- Total Rounds 1
- Last Round Series A — $12.0M
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First Round
First Round
(11 Jul 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2005 | Amount | Series A - C1 | Valuation | Split Rock Partners , BlueStream Ventures |
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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 C1
C1 has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Converge One, Split Rock Partners and BlueStream Ventures. 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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US venture capital investments are made across all stages.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Cloud and networking services are delivered to enterprises.
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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 C1
C1 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Calabrio. 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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Workforce optimization software for contact centers is developed and provided.
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2007 |
| 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 - C1
| 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 |
C1 Comparisons
Competitors of C1
C1 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, Genesys, Zendesk, Freshworks and Twilio, 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 |
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel customer experience and contact center solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based customer service platform is offered for business engagement.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel communication and customer engagement platform is utilized.
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| domain | founded_year | HQ Location |
Cloud-based unified communication software is delivered for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 C1
Frequently Asked Questions about C1
When was C1 founded?
C1 was founded in 1988 and raised its 1st funding round 17 years after it was founded.
Where is C1 located?
C1 is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is C1 a funded company?
C1 is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series A of $12M, raised on Jul 11, 2005.
How many employees does C1 have?
As of Dec 31, 2022, the latest employee count at C1 is 84.
What does C1 do?
C1 is engaged in providing advanced technology solutions across communications, infrastructure, and security sectors. Services are offered in areas such as Contact Center as a Service (CCaaS), Unified Communications as a Service (UCaaS), and AI-driven platforms like C1 Elly for enterprise automation and collaboration. Security solutions are enhanced with AI-powered threat detection, compliance, and risk management. Infrastructure services are designed to support scalable, high-performance enterprise networks. The company serves diverse industries including education, healthcare, financial services, and government with advisory, professional, and managed services to optimize customer experiences and operational continuity.
Who are the top competitors of C1?
C1's top competitors include Twilio, Genesys and Freshworks.
What products or services does C1 offer?
C1 offers C1 Elly, Contact Center as a Service (CCaaS), Unified Communications as a Service (UCaaS), and AI-Powered Security.
How many acquisitions has C1 made?
C1 has made 1 acquisition, including Calabrio.
Who are C1's investors?
C1 has 3 investors. Key investors include Converge One, Split Rock Partners, and BlueStream Ventures.
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