Comverse

New York, United States Founded: 1984 • Age: 42 yrs Acquired By Verint
Software and systems for telecom value-added services are provided.
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About Comverse

Comverse is a company based in New York (United States) founded in 1984 was acquired by Verint in August 2012.. Comverse has completed 3 acquisitions, including Acision, EXaLink and Solaiemes. Comverse offers products and services including MAVcore®, MAVair®, and MAVscale®. Comverse operates in a competitive market with competitors including Neusoft, Sigma Systems, Synchronoss, TEOCO and Mobileum, among others.

  • Headquarter New York, United States
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Comverse Kenan India Private Limited
  • Date of Incorporation 28 Jun, 2002
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Telecommunications → Telecommunications Software & Platforms
Key Metrics
  • Annual Revenue
    $477.31 M
    -27
    as on Jan 31, 2015
  • Net Profit
    $-22.14 M
    -218
    as on Jan 31, 2015
  • EBITDA
    $-15.84 M
    -142
    as on Jan 31, 2015
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Acision

    & 2 more

  • Acquired by
    Verint

    (Aug 13, 2012)

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Products & Services of Comverse

Comverse offers a comprehensive portfolio of products and services, including MAVcore®, MAVair®, and MAVscale®. 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.

Primary

Provides messaging solutions for telecommunications networks.

Offers open vRAN and small cell solutions for network access.

Delivers network intelligence and analytics services.

People of Comverse
Headcount 1000-5000
Employee Profiles 14
Board Members and Advisors 11
Employee Profiles
People
Terry Hungle
EVP, CFO
People
Sachin Karkala
SVP & GM RAN Business Unit
People
BJ Jalalizadeh
EVP, Global Sales & Strategic Marketing
People
Ashok Khuntia
President, Core Networks

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Funding Insights of Comverse

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Comverse

Comverse has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Verint. 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.

All
Institutional
Investor Description Founded Year Domain Location
AI-powered customer experience automation solutions are provided by Verint.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Comverse

Comverse has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Acision, EXaLink and Solaiemes. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-native software and network infrastructure solutions are provided for telecommunications.
2007
RCS messaging and WebRTC technologies are provided to carriers.
2006
Wireless Internet services are provided in New York.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Comverse

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Comverse Comparisons

Employees
+
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Competitors of Comverse

Comverse 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 Neusoft, Sigma Systems, Synchronoss, TEOCO and Mobileum, 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
domain founded_year HQ Location
IT solutions and services are provided to multiple industries.
domain founded_year HQ Location
Product, order management, and network provisioning solutions are provided.
domain founded_year HQ Location
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
domain founded_year HQ Location
Network planning, assurance, analytics, and optimization solutions are provided.
domain founded_year HQ Location
Real-time and predictive analytics are delivered to telecom providers.
domain founded_year HQ Location
Billing and charging solutions are provided for telecommunications operators.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Comverse

When was Comverse founded?

Comverse was founded in 1984.

Where is Comverse located?

Comverse is headquartered in New York, United States. It is registered at New York, New York, United States.

What is the annual revenue of Comverse?

Annual revenue of Comverse is $477.31M as on Jan 31, 2015.

What does Comverse do?

Comverse was founded in Israel and is a provider of software and systems enabling value added services to telecommunication providers. The company initially focussed on centralized hardwaresoftware systems for voice and fax messaging. Later they diversified into network-based messaging and content services, converged billing and IP communications. Comverses solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse was spun off from Comverse Technology Inc., which was sold to Verint Systems Inc. in early 2013.The two independent companies that carry on its most well-known product lines are Xura and Verint Systems.

Who are the top competitors of Comverse?

Comverse's top competitors include Matrixx, Neusoft and AsiaInfo.

What products or services does Comverse offer?

Comverse offers MAVcore®, MAVair®, and MAVscale®.

How many acquisitions has Comverse made?

Comverse has made 3 acquisitions, including Acision, EXaLink, and Solaiemes.

Who are Comverse's investors?

Comverse has 1 investor. Key investors include Verint.

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