About Forterra Systems
Forterra Systems is a company based in San Mateo (United States) founded in 1998 was acquired by SAIC in February 2010. Forterra Systems has raised $42.88 million across 12 funding rounds from investors including SAIC, Sutter Hill Ventures and JVP. Forterra Systems operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter San Mateo, United States
- SectorsTechnology
- Website forterrainc.com
- Acquired by SAIC (Feb 2010)
Funding Insights of Forterra Systems
Forterra Systems has successfully raised a total of $42.88M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $1.2 million completed in June 2009. 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 $42.88M
- Total Rounds 12
- Last Round Series E — $1.2M
- First Round $14M
(Aug 2004)
- Investors Count 3
Latest 10 of 12 funding rounds of Forterra Systems 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 |
|---|---|---|---|---|---|
| Jun 2009 | $1.2M | Series E | – | – | – |
| May 2009 | $1.18M | Series E | – | – | – |
| Feb 2009 | $10M | Series E | – | Sutter Hill Ventures, JVP | – |
| Aug 2008 | $4.5M | Series D | – | – | – |
| Aug 2008 | $3.1M | Debt – Conventional | – | – | – |
| Feb 2008 | $3M | Series D | – | – | – |
| Sep 2007 | – | Series C | – | – | |
| Jun 2007 | $2M | Series C | – | – | – |
| May 2007 | $1M | Series C | – | – | – |
| Dec 2006 | $3M | Series C | – | – | – |
4 investors in total: 4 institutional.
Investors in Forterra Systems
Forterra Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SAIC, Sutter Hill Ventures and JVP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in the US | – | shv.com | Palo Alto, United States | |
Early-stage venture capital investments are made by JVP in Israel. | – | jvpvc.com | Jerusalem, Israel | |
Venture capital firm | – | iqt.org | Washington, Dc, United States | |
IT consulting, digital transformation, and IoT services are provided. | 1969 | saic.com | United States |
Investor details for Forterra Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Forterra Systems
4 dated milestones of Forterra Systems across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Forterra Systems is founded.
- Funding First funding round of $14.0M.
- Funding Latest funding round, Series E, of $1.2M.
- Exit Acquired by SAIC.
Competitors of Forterra Systems
Forterra Systems 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, Fuze, Webex, Weave and Mitel, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ringcentral.com | 1999 | Belmont, United States | $44M | 4,084 | Cloud-based unified communication solutions are offered to diverse sectors. | |
| fuze.com | 2006 | Boston, United States | $542.81M | 771 | Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions. | |
| webex.com | 1995 | San Jose, United States | $25M | 26,200 | Solutions for virtual meetings and training sessions are provided. | |
| getweave.com | 2008 | Provo, United States | $156.09M | 922 | Omnichannel software is delivered for customer engagement in healthcare businesses. | |
| mitel.com | 1973 | Ottawa, Canada | $1.01M | 430 | Unified communication platforms are managed via cloud-based systems. | |
| lumapps.com | 2012 | – | $102M | – | Cloud-based employee communication platform is provided for internal collaboration. | |
| vonage.com | 2001 | Holmdel, United States | $642.33M | 1,089 | Provider of contact center business communication solutions | |
| bandwidth.com | 1999 | Raleigh, United States | $21.89M | 1,939 | VoIP communication management is facilitated via a cloud-based enterprise platform. | |
| loom.com | 1944 | San Francisco, United States | $214.23M | – | Video based communication solution | |
| goto.com | 1997 | Los Angeles, United States | $6M | – | Cloud-based platform for enterprise web conferencing and collaboration is offered. |
Detailed competitors of Forterra Systems
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Web traffic of Forterra Systems
Websites that share an audience with Forterra Systems (forterrainc.com).
Websites whose visitors overlap most with Forterra Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
activeworlds.com | activeworlds.com | 100% | – | #2,670,089 | – |
secondlifegrid.net | secondlifegrid.net | 83% | – | #678,536 | – |
virtrasystems.com | virtrasystems.com | 82% | – | – | – |
| viz-tek.com | 82% | – | – | View details | |
netspacecorp.com | netspacecorp.com | 82% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Forterra Systems
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- 25 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Forterra Systems
Complete news archive for Forterra Systems
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Forterra Systems
10 companies that operate in the same segment as Forterra Systems (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | – | 74 | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | Sydney, New South Wales, Australia | USD 210 M | USD 6.57 B | 13,810 | |
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.75 M | – | – | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 2,810 | |
Cloud-based software for enterprise collaboration and project management is provided. | 2013 | San Francisco, California, United States | USD 417.7 M | – | – | |
Cloud-based platform for project management and team tracking is offered. | 2012 | Tel Aviv, Israel | USD 234.7 M | USD 1.23 B | 2,510 | |
Integrated documents and spreadsheets are utilized for team project management. | 2014 | San Francisco, California, United States | USD 240 M | – | – | |
Cloud based suite solutions for enterprise project management | 2005 | Bellevue, Washington, United States | USD 120.59 M | – | – | |
Cloud-based file sharing and file transfer application | 2009 | Amsterdam, Netherlands | USD 63.81 M | – | – | |
Real-time communication and conversational AI solutions are provided by Agora. | 2014 | Guangzhou, Guangdong, China | USD 55 M | USD 141.43 M | 608 |
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Frequently Asked Questions about Forterra Systems
Forterra Systems was founded in 1998 and raised its 1st funding round 6 years after it was founded.
Forterra Systems is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Forterra Systems is a funded company, having raised a total of $42.88M across 12 funding rounds to date. The company's 1st funding round was a Series C of $3M, raised on Aug 2004.
Forterra Systems was founded in 1998 in San Mateo, United States, focusing on the virtual reality sector. Immersive 3D environments are provided through the OLIVE platform for corporate, government, and healthcare applications, including meetings, training, and events. These virtual worlds are utilized by clients such as Thomson Reuters, Lockheed Martin, and the US Army. Partnerships have been established with IBM, Accenture, and Autodesk to support operations.
Forterra Systems's top competitors include Webex, Bandwidth and RingCentral.
Forterra Systems has 4 investors. Key investors include SAIC, Sutter Hill Ventures, JVP, and In-Q-Tel.
Yes. Forterra Systems was acquired by SAIC in February 2010.