Frontiir Communications

Yangon, Myanmar Founded: 2013 • Age: 13 yrs
Internet connectivity and managed networking services are provided in Myanmar.
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About Frontiir Communications

Frontiir Communications is a company based in Yangon (Myanmar) founded in 2013.. Frontiir Communications has raised $62.91 million across 10 funding rounds from investors including Norfund, British International Investment and IFU. Frontiir Communications has completed 1 acquisition, including Termaxia. Frontiir Communications operates in a competitive market with competitors including Protocol Labs, ST Engineering iDirect, Network Techlab India, Aepona and Bastion, among others.

  • Headquarter Yangon, Myanmar
  • Sectors
    Telecommunications
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Frontiir Pte. Ltd.
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $62.91 M (USD)

    in 10 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Jun 06, 2022

  • Investors
    Norfund

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Frontiir Communications
Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Aung Zay Yar Lwin
Principal Engineer
People
Allen Miu
Co-Founder & Chief Technology Officer
People
Kyaw Saw Shein
Senior Software Engineer

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Funding Insights of Frontiir Communications

Frontiir Communications has successfully raised a total of $62.91M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in June 2022. 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 10
  • Last Round Series B — $5.0M
  • First Round

    (05 Jan 2013)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series B - Frontiir Communications Valuation

investors

Jun, 2020 Amount Series B - Frontiir Communications Valuation Ascent Capital Partners
Sep, 2019 Amount Series B - Frontiir Communications Valuation IFU , Norfund
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 Frontiir Communications

Frontiir Communications has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Norfund, British International Investment and IFU. 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
-
Founded Year Domain Location
-
Founded Year Domain Location
-
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 Frontiir Communications

Frontiir Communications has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Termaxia. 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 storage solution
2015
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 - Frontiir Communications

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

Frontiir Communications Comparisons

Employees
+
Add Comparison
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Competitors of Frontiir Communications

Frontiir Communications 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 Protocol Labs, ST Engineering iDirect, Network Techlab India, Aepona and Bastion, 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
Protocol Labs is recognized as an innovation network driving computing breakthroughs.
domain founded_year HQ Location
Satellite communications deployment services are provided worldwide.
domain founded_year HQ Location
Offers IT infrastructure, cyber security, data center, and energy services in multiple locations.
domain founded_year HQ Location
Managed networking services are provided by Aepona to telecom clients.
domain founded_year HQ Location
Network design, planning, and infrastructure services are offered.
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 Frontiir Communications

Frequently Asked Questions about Frontiir Communications

When was Frontiir Communications founded?

Frontiir Communications was founded in 2013.

Where is Frontiir Communications located?

Frontiir Communications is headquartered in Yangon, Myanmar. It is registered at Yangon, Yangon Region, Myanmar.

Is Frontiir Communications a funded company?

Frontiir Communications is a funded company, having raised a total of $62.91M across 10 funding rounds to date.

What does Frontiir Communications do?

Frontiir Communications was founded in 2013 and is headquartered in Yangon, Myanmar, where telecommunications services are offered to business customers. Internet connectivity options, including dedicated access via DSL, fiber-optic, and wireless methods, as well as domestic private leased circuits and VPNs, are provided. Managed IT services encompass ERP and software planning, implementation, and installation. Managed networking involves deployment, monitoring, and maintenance activities.

Who are the top competitors of Frontiir Communications?

Frontiir Communications's top competitors include Protocol Labs, ST Engineering iDirect and Bastion.

How many acquisitions has Frontiir Communications made?

Frontiir Communications has made 1 acquisition, including Termaxia.

Who are Frontiir Communications's investors?

Frontiir Communications has 6 investors. Key investors include Norfund, British International Investment, IFU, Alliance Asia Holdings, and Ascent Capital Partners.

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