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.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2000 | $30M | Series C | β | β | |
| Nov 1999 | $25M | Series B | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in the US | shv.com | Palo Alto, United States | ||
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
| hightechvc.com | ||||
Enterprise infrastructure and application solutions are provided by BEA Systems. | 1995 | bea.com | San Jose, United States | |
PC components and gaming peripherals are manufactured by Antec. | 1986 | antec.com | Fremont, United States | |
Contact center services are provided for multiple industries. | 1998 | convergys.com | Cincinnati, United States |
Investor details for Ceon
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People of Ceon
1 people are tracked at Ceon (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ceon Ceon | Managing Director | Leadership |
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.
- Founded Ceon is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Series C, of $30.0M.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| synchronoss.com | 2000 | Bridgewater, United States | $34M | 1,391 | SaaS-based platform providing subscriber analytics, network asset management, and cloud services | |
| amdocs.com | 1982 | Chesterfield, United States | 3,070 | Cloud-based OSS and BSS solutions are provided to communications providers. | ||
| iconectiv.com | 1983 | Bridgewater, United States | $200M | 844 | Interconnection technology and clearinghouse solutions for telecom carriers are provided. |
Detailed competitors of Ceon
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Web traffic of Ceon
Websites that share an audience with Ceon (ceon.com).
Websites whose visitors overlap most with Ceon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ceon.utep.edu | ceon.utep.edu | 100% | β | ||
| linkedin.com | 96% | 1.9B | #18 | View details | |
intervoice.com | intervoice.com | 71% | β |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | |||
Cloud-based subscription billing and management solutions for businesses | 2003 | San Francisco, California, United States | USD 175 M | 127 | ||
Cloud-based network orchestration and management software is provided. | 2000 | Hanover, New Hampshire, United States | USD 97.58 M | 1,844 |
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Related news about 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.

