CounterPath

Vancouver, Canada Founded: 2002 • Age: 24 yrs Acquired By Alianza
Cloud-based unified communication management software is provided for enterprises.
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About CounterPath

CounterPath is a company based in Vancouver (Canada) founded in 2002 was acquired by Alianza in December 2020.. CounterPath has raised $13 million across 12 funding rounds from investors including Alianza, Wesley Clover and Skypoint Capital Corporation. CounterPath has completed 1 acquisition, including BridgePort Networks. CounterPath offers products and services including Bria Solo, Bria Teams, and Bria Enterprise. CounterPath operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Metaswitch, among others.

  • Headquarter Vancouver, Canada
  • Stage Public
  • Sectors
    Technology
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Counterpath Corp
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Telecommunications → Telecommunications Infrastructure & Services
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13 M (USD)

    in 12 rounds

  • Latest Funding Round
    $1 M (USD), Post-IPO

    Jun 09, 2020

  • Investors
    Alianza

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Alianza

    (Dec 06, 2020)

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Products & Services of CounterPath

CounterPath offers a comprehensive portfolio of products and services, including Bria Solo, Bria Teams, and Bria Enterprise. 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

Application for individual voice and video communications.

Platform for group messaging and collaboration tools.

Solution for enterprise-level voice and integration services.

People of CounterPath
Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Clint Peck
Chief Technology Officer
People
Justin Cooper
VP, Customer Success & Product
People
Kevin Dundon
EVP, Sales & Marketing
People
Nemer D. Abourizk
General Counsel

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Funding Insights of CounterPath

CounterPath has successfully raised a total of $13M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1 million completed in June 2020. 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 Rounds 12
  • Last Round Post-IPO — $1.0M
  • First Round

    (20 Apr 2005)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Post-IPO - CounterPath Valuation

investors

Jan, 2018 Amount Post-IPO - CounterPath Valuation

investors

Oct, 2017 Amount Post-IPO - CounterPath Valuation

investors

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 CounterPath

CounterPath has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Alianza, Wesley Clover and Skypoint Capital Corporation. 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
Venture Fund
Investor Description Founded Year Domain Location
Investment management firm investing in startups and established companies
Founded Year Domain Location
Early-stage equity funding is provided by Skypoint Capital Corporation.
Founded Year Domain Location
White-label cloud VoIP platform
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 CounterPath

CounterPath has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BridgePort Networks. 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
Mobile VoIP applications and solutions provider
2002
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 - CounterPath

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

Counterpath Comparisons

Employees
+
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Competitors of CounterPath

CounterPath 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 RingCentral, Dialpad, Fuze, Webex and Metaswitch, 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
Cloud-based unified communication solutions are offered to diverse sectors.
domain founded_year HQ Location
Cloud-based unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
domain founded_year HQ Location
Solutions for virtual meetings and training sessions are provided.
domain founded_year HQ Location
SoftSwitch and VOIP solutions are provided for cloud-based communication networks.
domain founded_year HQ Location
Omnichannel software is delivered for customer engagement in healthcare businesses.
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.

Latest news on Counterpath

Frequently Asked Questions about CounterPath

When was CounterPath founded?

CounterPath was founded in 2002 and raised its 1st funding round 3 years after it was founded.

Where is CounterPath located?

CounterPath is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Is CounterPath a funded company?

CounterPath is a funded company, having raised a total of $13M across 12 funding rounds to date. The company's 1st funding round was a Post-IPO of $33.32K, raised on Apr 20, 2005.

What does CounterPath do?

Counterpath is a cloud-based unified communication management software provider. The core product portfolio includes server applications, SIP-based softphones, and fixed-mobile convergence(FMC) solutions that enable enterprises and telecommunication service providers to deliver a unified communications experience across voice, media, and chat platforms. The flagship product of the company is Bria, which is the most advanced softphone client application which enables the users to do VOIP calls, instant messaging and video conferencing via desktop, mobile, and tablets. It also offers SDKs and APIs to its clients for creating customized solutions. Its clientele includes BT, Avaya, Rogers, Comcast, etc.

Who are the top competitors of CounterPath?

CounterPath's top competitors include Dialpad, Webex and RingCentral.

What products or services does CounterPath offer?

CounterPath offers Bria Solo, Bria Teams, and Bria Enterprise.

How many acquisitions has CounterPath made?

CounterPath has made 1 acquisition, including BridgePort Networks.

Who are CounterPath's investors?

CounterPath has 3 investors. Key investors include Alianza, Wesley Clover, and Skypoint Capital Corporation.

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