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
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Comverse Kenan India Private Limited
- Date of Incorporation 28 Jun, 2002
- Jurisdiction Gurgaon, Haryana, India
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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.
Provides messaging solutions for telecommunications networks.
Offers open vRAN and small cell solutions for network access.
Delivers network intelligence and analytics services.
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Funding Insights of Comverse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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.
| Investor | Description | Founded Year | Domain | Location |
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AI-powered customer experience automation solutions are provided by Verint.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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.
| 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 |
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Cloud-native software and network infrastructure solutions are provided for telecommunications.
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2007 | ||||
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RCS messaging and WebRTC technologies are provided to carriers.
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2006 | ||||
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Wireless Internet services are provided in New York.
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1998 |
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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 - Comverse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Comverse Comparisons
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 |
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IT solutions and services are provided to multiple industries.
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Product, order management, and network provisioning solutions are provided.
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SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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Network planning, assurance, analytics, and optimization solutions are provided.
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Real-time and predictive analytics are delivered to telecom providers.
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Billing and charging solutions are provided for telecommunications operators.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Comverse
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?
What products or services does Comverse offer?
Comverse offers MAVcore®, MAVair®, and MAVscale®.
How many acquisitions has Comverse made?
Who are Comverse's investors?
Comverse has 1 investor. Key investors include Verint.
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