About M247
M247 is a company based in Manchester (United Kingdom) founded in 2000 was acquired by Metronet in October 2016.. M247 offers products and services including 247Cloud™ Public Cloud, Leased Lines, and Managed Firewall Services. M247 operates in a competitive market with competitors including 1&1 IONOS, BlueCat, Vonage, Arkadin and Viatel, among others.
- Headquarter Manchester, United Kingdom
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name M247 Uk Limited
- Date of Incorporation 25 Nov, 2003
- Jurisdiction MANCHESTER
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Metronet
(Oct 12, 2016)
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Products & Services of M247
M247 offers a comprehensive portfolio of products and services, including 247Cloud™ Public Cloud, Leased Lines, and Managed Firewall Services. 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.
Offers scalable cloud infrastructure for data storage and applications.
Provides high-bandwidth fibre connections for business networks.
Delivers protection against cyber threats for enterprise systems.
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Funding Insights of M247
| 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 |
investors |
Investors in M247
M247 has secured backing from 1 investor. Prominent investors backing the company include Metronet UK. 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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Wireless ISP and network services are provided in the UK.
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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 M247
| 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 - M247
| 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 |
M247 Comparisons
Competitors of M247
M247 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 1&1 IONOS, BlueCat, Vonage, Arkadin and Viatel, 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 infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are provided.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Global audio, web, and video conferencing solutions are provided.
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| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
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| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
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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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| 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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Latest news on M247
Frequently Asked Questions about M247
When was M247 founded?
M247 was founded in 2000.
Where is M247 located?
M247 is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Who is the current CEO of M247?
Jenny Davies is the current CEO of M247.
What does M247 do?
M24Seven (trade name of M247 Metronet UK) is a telecom service provider which caters to business customers in the UK. Its services include M-Connect (offers wirelessfiber-opticADSL broadband internet access, metro Ethernet, long-haul Ethernet, leased lines, data center backhaul, etc), M-Host (provides hosting services including co-location, web hosting, dedicated servers, managed servers, data center services, etc), M-Secure (provides managed firewalls, managed DDoS protection, data backup, content filtering, etc), and M-Communicate (enables local and long distance VoIP telephony with hosted PBX, SIP trunking, etc). It provides these services through its own network. It also provides installation and support services.
What products or services does M247 offer?
M247 offers 247Cloud™ Public Cloud, Leased Lines, and Managed Firewall Services.
Who are M247's investors?
M247 has 1 investor. Key investors include Metronet UK.