IST Networks

Manama, Bahrain Founded: 2002 • Age: 24 yrs Acquired By Majorel
Natural language and call steering solutions
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About IST Networks

IST Networks is a company based in Manama (Bahrain) founded in 2002 was acquired by Majorel in March 2022.. IST Networks offers products and services including Cisco Webex Contact Center, Genesys Cloud CX, Verint WFO, and Nūn Live. IST Networks operates in a competitive market with competitors including Dialpad, Genesys, Zendesk, Freshworks and Twilio, among others.

  • Headquarter Manama, Bahrain
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Majorel

    (Mar 17, 2022)

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Products & Services of IST Networks

IST Networks offers a comprehensive portfolio of products and services, including Cisco Webex Contact Center, Genesys Cloud CX, Verint WFO, and Nūn Live. 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

Omnichannel platform for managing customer interactions and journeys.

Cloud-based system for omnichannel customer engagement and analytics.

Tools for monitoring and enhancing agent performance in contact centers.

AI-powered Arabic text-to-speech for improved customer communications.

People of IST Networks
Headcount 50-200
Employee Profiles 14
Employee Profiles
People
Mohamed Fahmy
CEO
People
Ibrahim Moustafa Badr
Sales Manager
People
Ahmed Kadry
Regional Sales Manager
People
Waleed Salem
Key Account Sales Manager

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Funding Insights of IST Networks

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 IST Networks

IST Networks has secured backing from 1 investor. Prominent investors backing the company include Majorel. 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
Investor Description Founded Year Domain Location
Customer experience services are provided by Majorel to global clients.
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 IST Networks

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

Financial Statements - IST Networks

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

Ist Networks Comparisons

Employees
+
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Competitors of IST Networks

IST Networks 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 Dialpad, Genesys, Zendesk, Freshworks and Twilio, 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 including voice and video are provided.
domain founded_year HQ Location
Cloud-based omnichannel customer experience and contact center solutions are delivered.
domain founded_year HQ Location
Cloud-based customer service platform is offered for business engagement.
domain founded_year HQ Location
Cloud-based business process management suite solutions are delivered.
domain founded_year HQ Location
Cloud-based omnichannel communication and customer engagement platform is utilized.
domain founded_year HQ Location
Cloud-based unified communication software is delivered for 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 Ist Networks

Frequently Asked Questions about IST Networks

When was IST Networks founded?

IST Networks was founded in 2002.

Where is IST Networks located?

IST Networks is headquartered in Manama, Bahrain.

What does IST Networks do?

IST Networks was founded in 2002 and is based in Manama, Bahrain. Operations focus on contact center systems integration within the telecommunications sector. Partnerships are maintained with companies such as Cisco, Avaya, eGain, Genesys, and Nuance. Call steering solutions are delivered via IVR to route callers to self-service applications efficiently. Unified agent desktops, virtual hold features, and workforce optimization tools are also offered.

Who are the top competitors of IST Networks?

IST Networks's top competitors include Twilio, Genesys and Freshworks.

What products or services does IST Networks offer?

IST Networks offers Cisco Webex Contact Center, Genesys Cloud CX, Verint WFO, and Nūn Live.

Who are IST Networks's investors?

IST Networks has 1 investor. Key investors include Majorel.

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