About Digium
Digium is a company based in Huntsville (United States) founded in 1999 was acquired by Sangoma in August 2018.. Digium has raised $13.8 million across 2 funding rounds from investors including Sangoma, Matrix and Advantage Capital. The company has 198 employees as of December 31, 2019. Digium operates in a competitive market with competitors including Bandwidth, AudioCodes, EaseMob, Voxeet and Serenova, among others.
- Headquarter Huntsville, United States
- Employees 198 as on 31 Dec, 2019
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Digium, Inc.
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Funding Insights of Digium
Digium has successfully raised a total of $13.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.8 million completed in August 2006. 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 Funding
- Total Rounds 2
- Last Round Series A — $13.8M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2006 | Amount | Series A - Digium | Valuation |
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| Jun, 2006 | Amount | Series A - Digium | Valuation |
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| 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 |
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Investors in Digium
Digium has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sangoma, Matrix and Advantage Capital. 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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Early-stage ventures are funded by the investment firm.
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Private equity investment firm
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Enterprise collaboration platform for unified communication solutions
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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 Digium
| 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 |
Financial Statements - Digium
| 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 |
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Digium Comparisons
Competitors of Digium
Digium 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 Bandwidth, AudioCodes, EaseMob, Voxeet and Serenova, 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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| domain | founded_year | HQ Location |
VoIP communication management is facilitated via a cloud-based enterprise platform.
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| domain | founded_year | HQ Location |
VoIP network management software is provided via a cloud-based platform.
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| domain | founded_year | HQ Location |
Messaging and calling APIs and SDKs are provided to developers.
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| domain | founded_year | HQ Location |
Audio conferencing solutions are offered by Voxeet with noise-eliminating technology.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel contact center software is delivered by Serenova.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Digium
Frequently Asked Questions about Digium
When was Digium founded?
Digium was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Where is Digium located?
Digium is headquartered in Huntsville, United States. It is registered at Huntsville, Alabama, United States.
Who is the current CEO of Digium?
Danny Windham is the current CEO of Digium.
Is Digium a funded company?
Digium is a funded company, having raised a total of $13.8M across 2 funding rounds to date.
How many employees does Digium have?
As of Dec 31, 2019, the latest employee count at Digium is 198.
What does Digium do?
Digium was founded in 1999 in Huntsville, United States, focusing on the telecommunications sector. Open-source communications software, including Asterisk, is developed alongside telephony hardware and Switchvox business phone systems. These solutions support enterprise-class unified communications for small and medium enterprises. A global community of over 80,000 developers and users operates in more than 170 countries, utilizing the software for VoIP applications.
Who are the top competitors of Digium?
Digium's top competitors include Bandwidth, EaseMob and AudioCodes.
Who are Digium's investors?
Digium has 3 investors. Key investors include Sangoma, Matrix, and Advantage Capital.
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