Ceon

Redwood City, United States Founded: 1982 • Age: 44 yrs Acquired By Convergys
Product management software and services

About Ceon

Ceon is a Telecommunications company based in Redwood City (United States) founded in 1982, and was acquired by Convergys in October 2008. Product management software and services. Ceon has raised $55 million across 2 funding rounds from investors including Accel, Antec and BEA Systems. Its focus areas include Telecom, OSS & BSS and Business Support System (BSS). Its competitors include Synchronoss, Amdocs and Iconectiv; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 1982 in Redwood City, United States, Ceon Corporation developed software systems for service providers. These systems enabled the construction and management of product catalogs, the handling of orders for broadband and IP-based services, and the activation of services through dedicated servers and modules for high-speed data, VoIP, and IP-TV. Support, installation, and testing services were also delivered. The company was previously known as FirstTel Systems Corporation.

  • Headquarters Redwood City, United States
  • Stage Acquired
  • Sectors
    Telecommunications
  • Website ceon.com
  • Acquired by Convergys (Oct 2008)
Operational Areas
Key Metrics
  • Total Equity Funding
    $55M (USD)

    in 2 rounds

  • Latest Funding Round
    $30M (USD), Series C

    Jul 2000

  • Investors
    Accel

    & 6 more

  • Acquired by
    Convergys

    (Oct 2008)

Funding Insights of Ceon

Ceon has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in July 2000. 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 $55M
  • Total Rounds 2
  • Last Round Series C β€” $30M
  • First Round $25M

    (Nov 1999)

  • Investors Count 6

All 2 funding rounds of Ceon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2000$30MSeries C––
Nov 1999$25MSeries B––
Valuation history

7 investors in total: 7 institutional.

Investors in Ceon

Ceon has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Antec and BEA Systems.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
VC firm investing in the US
shv.comPalo Alto, United States
Venture capital is invested in global technology companies by TCV.
tcv.comMenlo Park, United States
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
hightechvc.com
Enterprise infrastructure and application solutions are provided by BEA Systems.
1995bea.comSan Jose, United States
PC components and gaming peripherals are manufactured by Antec.
1986antec.comFremont, United States
Contact center services are provided for multiple industries.
1998convergys.comCincinnati, United States
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Investor details for Ceon

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  • Round participation
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People of Ceon

1 people are tracked at Ceon (1 in leadership).

NameRoleGroup
Ceon Ceon
Managing DirectorLeadership
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Complete people profiles for Ceon

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Timeline of Ceon

4 dated milestones of Ceon across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ceon is founded.
  2. Funding First funding round of $25.0M.
  3. Funding Latest funding round, Series C, of $30.0M.
  4. Exit Acquired by Convergys.

Competitors of Ceon

Ceon has 3 listed competitors in our database, 2 of them funded. They include Synchronoss, Amdocs and Iconectiv.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
synchronoss.com2000Bridgewater, United States$34M1,391
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
amdocs.com1982Chesterfield, United States3,070
Cloud-based OSS and BSS solutions are provided to communications providers.
iconectiv.com1983Bridgewater, United States$200M844
Interconnection technology and clearinghouse solutions for telecom carriers are provided.
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Detailed competitors of Ceon

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Web traffic of Ceon

Websites that share an audience with Ceon (ceon.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ceon.utep.edu
ceon.utep.edu
100%
–
linkedin.com
96%
1.9B#18View details
intervoice.com
intervoice.com
71%
–

Top companies in OSS & BSS

3 companies that operate in the same segment as Ceon (OSS & BSS) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M
Cloud-based subscription billing and management solutions for businesses
2003San Francisco, California, United StatesUSD 175 M127
Cloud-based network orchestration and management software is provided.
2000Hanover, New Hampshire, United StatesUSD 97.58 M1,844
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Related news about Ceon

Antec, Others Cough Up $30M in Ceon Placement
Multichannel News β€’ 26 years ago
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Complete news archive for Ceon

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Frequently Asked Questions about Ceon

Ceon was founded in 1982 and raised its 1st funding round 17 years after it was founded.

Ceon is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Ceon is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Nov 1999.

Founded in 1982 in Redwood City, United States, Ceon Corporation developed software systems for service providers. These systems enabled the construction and management of product catalogs, the handling of orders for broadband and IP-based services, and the activation of services through dedicated servers and modules for high-speed data, VoIP, and IP-TV. Support, installation, and testing services were also delivered. The company was previously known as FirstTel Systems Corporation.

Ceon's top competitors include Iconectiv, Amdocs and Synchronoss.

Ceon has 7 investors. Key investors include Accel, Antec, BEA Systems, Convergys, and Sutter Hill Ventures.

Yes. Ceon was acquired by Convergys in October 2008.

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