About GTT Communications
GTT Communications is a company based in London (United Kingdom) founded in 1998.. GTT Communications has raised $15 million across 17 funding rounds from investors including Crescent Capital BDC and Bia Digital Partners. GTT Communications has completed 17 acquisitions, including Accelerated Connections, Access Point and EasyNet.
- Headquarter London, United Kingdom
- 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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Annual Revenue
$1.73 B16as on Dec 31, 2019
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Net Profit
$-105.9 M56as on Dec 31, 2019
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EBITDA
$372.1 M48as on Dec 31, 2019
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Total Equity Funding
$15 M (USD)
in 17 rounds
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Latest Funding Round
$4.17 M (USD), Post-IPO
Dec 31, 2018
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Investors
Crescent Capital BDC
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Accelerated Connections
& 16 more
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Sales and Marketing
79 people
Software Development Team
74 people
Leadership Team
74 people
Customer Team
34 people
Senior Team
24 people
Human Resources and Administration
19 people
Operations Team
18 people
Project Team
17 people
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Funding Insights of GTT Communications
GTT Communications has successfully raised a total of $15M across 17 strategic funding rounds. The most recent funding activity was a Post-IPO round of $4.17 million completed in December 2018. 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 17
- Last Round Post-IPO — $4.2M
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First Round
First Round
(30 Nov 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Post-IPO - GTT Communications | Valuation |
investors |
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| May, 2018 | Amount | Post-IPO - GTT Communications | Valuation |
investors |
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| Mar, 2018 | Amount | Post-IPO - GTT Communications | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in GTT Communications
GTT Communications has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Crescent Capital BDC and Bia Digital Partners. 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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PE firm investing in the US
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Founded Year | Domain | Location | |
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Business development and investment management services are provided.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GTT Communications
GTT Communications has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Accelerated Connections, Access Point and EasyNet. 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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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High-speed global networks, colocation, and trading technologies are provided.
|
2010 | ||||
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Telecommunications services are provided by Perseus Telecom since 2009.
|
2009 | ||||
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Provider of fiber route selection, network planning, equipment procurement, and other services
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - GTT Communications
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Gtt Communications Comparisons
Competitors of GTT Communications
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about GTT Communications
When was GTT Communications founded?
GTT Communications was founded in 1998 and raised its 1st funding round 9 years after it was founded.
Where is GTT Communications located?
GTT Communications is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of GTT Communications?
Ernie Ortega is the current CEO of GTT Communications.
Is GTT Communications a funded company?
GTT Communications is a funded company, having raised a total of $15M across 17 funding rounds to date. The company's 1st funding round was a Post-IPO of $3.86M, raised on Nov 30, 2007.
What is the annual revenue of GTT Communications?
Annual revenue of GTT Communications is $1.73B as on Dec 31, 2019.
What does GTT Communications do?
GTT Communications was founded in 1998 and is headquartered in London, United Kingdom. Operations focus on the telecommunications sector, where IP network solutions are delivered to wholesale customers alongside VoIP telephony and related services. Coverage extends across global markets, supporting enterprise connectivity and data transport needs through established infrastructure. Leadership is provided by CEO Ernie Ortega.
How many acquisitions has GTT Communications made?
GTT Communications has made 17 acquisitions, including Accelerated Connections, Access Point, and EasyNet.
Who are GTT Communications's investors?
GTT Communications has 2 investors. Key investors include Crescent Capital BDC, and Bia Digital Partners.