About Mitel
Mitel is a Technology company based in Ottawa (Canada) founded in 1973, and was acquired by Searchlight Capital in April 2018. Unified communication platforms are managed via cloud-based systems. Mitel has raised $1.01 million across 8 funding rounds from investors including Francisco Partners and Searchlight Capital. The company has 430 employees. Mitel has completed 9 acquisitions, including E-smith.com, Mavenir and OAISYS. Its website mitel.com draws about 214 thousand monthly visits. Its focus areas include Enterprise Applications, Enterprise Collaboration, Communication and UCaaS.
Company details
The company was founded in 1973 in Ottawa, Canada, and focuses on unified communications within sectors such as healthcare, hospitality, government, and education. Cloud-based platforms are provided for IP telephony, appliances, and desktop devices, alongside applications that integrate voice, video, and data with business tools. Services encompass video conferencing, messaging, team chat, voice response, automatic call distribution, workforce optimization, and omnichannel management.
- Headquarters Ottawa, Canada
- Employees 430
- Stage Acquired
- SectorsTechnology
- Website mitel.com
- Social LinkedIn X
- Acquired by Searchlight Capital (Apr 2018)
- Annual Revenue$1.06 B (USD)7as on Dec 31, 2017
- Net Profit-$49.7 M (USD)77as on Dec 31, 2017
- EBITDA-$31.8 M (USD)-164as on Dec 31, 2017
- Total Equity Funding$1.01M (USD)
in 8 rounds
- Latest Funding Round$1.48B (USD), Debt – Conventional
Dec 2018
- InvestorsFrancisco Partners
& 1 more
- Employee Count430
- Investments & AcquisitionsE-smith.com
& 8 more
- Acquired bySearchlight Capital
(Apr 2018)
Associated legal entities of Mitel
Mitel is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mitel Communications Private Limited CIN U74999KA2017FTC100858 | Active | 27 Feb 2017 | Bangalore, Karnataka | ₹146 Cr | 350 | 3 | View details |
| Mitel Cloud Communications Private Limited CIN U74900KA2011FTC094407 | Amalgamated | 12 Dec 2011 | Nagawara, Karnataka | ₹57.8 Cr | 62 | 3 | View details |
Funding Insights of Mitel
Mitel has successfully raised a total of $1.01M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.48 billion 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 $1.01M
- Total Rounds 8
- Last Round Debt – Conventional — $1.48B
- First Round $893,636
(Apr 2002)
- Investors Count 1
All 8 funding rounds of Mitel 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 |
|---|---|---|---|---|---|
| Dec 2018 | $1.48B | Debt – Conventional | – | – | – |
| May 2018 | $25M | Debt – Conventional | – | – | – |
| Jun 2017 | $500M | Debt – Conventional | – | – | |
| Jun 2017 | $300M | Debt – Conventional | – | – | |
| Jun 2007 | Private Equity Round | – | – | ||
| Dec 2004 | $113,956 | Series A | – | – | – |
| Aug 2002 | $9.76M | Debt – Conventional | – | – | – |
| Apr 2002 | $893,636 | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Mitel
Mitel has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners and Searchlight Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm focused on technology sector | 1999 | franciscopartners.com | San Francisco, United States | |
Private equity firm focused on multiple sectors | searchlightcap.com | New York, United States |
Investor details for Mitel
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Board of directors of Mitel
The boards of the 2 registered companies of Mitel currently have 4 directors; the longest-serving is Gregory J Hiscock, appointed in 2017. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gregory J Hiscock DIN 07286147 | Director | 05 Oct 2017 | 9 yrs 1 mo | Mitel Cloud Communications Private Limited, Mitel Communications Private Limited |
| Sriram Krishnamachari DIN 03210328 | Director | 16 Feb 2018 | 8 yrs 8 mo | Mitel Cloud Communications Private Limited, Mitel Communications Private Limited |
| Patrick Peisker DIN 08735057 | Whole-time director | 22 Apr 2020 | 6 yrs 6 mo | Mitel Cloud Communications Private Limited |
| Rachit Trivedi DIN 10848257 | Director | 25 Nov 2024 | 1 yr 11 mo | Mitel Communications Private Limited |
People of Mitel
497 people are tracked at Mitel (146 in leadership, 2 in board & advisors, 349 in team); the tracked headcount is 430.
| Name | Role | Group |
|---|---|---|
Muge Aydin | Regional Head-sales, Türkiye & Africa | Leadership |
Rene Maslovaric | Head Of Sales And Business Development Unify | Leadership |
Ken Evans | VP Revenue Marketing | Leadership |
Paul Theriault | Senior Director, Cloudlink Research And Development | Leadership |
Drazen-Ivan Andjelic | Head Of Channel DACH | Leadership |
Ferdi Schulte | Group Director - Business Intelligence And Customer Master Data | Leadership |
Chris Tyer | Global Partner Program Manager | Leadership |
Virve Virtanen | VP, Analyst Relations & Competitive Intelligence | Leadership |
Bill Dunnion | Chief Information Security Officer | Leadership |
Michael Robinson | CEO and Director | Leadership |
Robert Granata | HW Director Operations Eng | Leadership |
Margarita Christofilopoulou | Head Of Mobile Development | Leadership |
Cheryl Denault Cpa | Vice President Finance | Leadership |
Fabio Pettinari | Executive Director Sales & Business Development | Leadership |
Jens Diekhoff | Director Sales Engineers D/a/ch | Leadership |
Boris Wogatzki | Director Global After Sales Operations | Leadership |
Carlo Pavan | Director, Global Partner Support | Leadership |
Marko Verbovsek | Sales Director | Leadership |
Luiz Domingos | CTO & Head of Large Enterprise R&D | Leadership |
Vijay Kumar | Director Of Engineering | Leadership |
477 more people are available in the full profile.
Complete people profiles for Mitel
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Financials of Mitel
Figures of Mitel Cloud Communications Private Limited, the primary company behind Mitel, for FY 2023. Revenue was ₹57.79 Cr (-3% year on year). Net profit was ₹5.60 Cr (10% margin). EBITDA was ₹10.57 Cr (18% margin). Revenue has grown at a compounded annual rate of +5% over three years and 0% over five years.
- ₹57.79 CrRevenue · FY 2023 · -3% YoY
- ₹5.60 CrNet profit · 10% margin
- ₹10.57 CrEBITDA · 18% margin
- ₹1.1 LakhPaid-up capital
- 62Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mitel Cloud Communications Private Limited are on its company page.
Detailed financial statements for Mitel
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Mitel
Mitel has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include E-smith.com, Mavenir and OAISYS.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Unified communications software is developed and deployed for enterprises. | unify.com | Munich, Germany | 2008 | Oct 2023 | •••• | |
IP phone systems and unified communications solutions | shoretel.com | Sunnyvale, United States | 1996 | Jul 2017 | $530M | |
Cloud-based telephony services are provided to business sectors. | tigertms.com | Ringwood, United Kingdom | 2009 | Jun 2015 | •••• | |
Multi-access edge networking computing platform is provided for mobile services. | mavenir.com | Richardson, United States | 2005 | Mar 2015 | $560M | |
Call recording and contact center management solutions | oaisys.com | Tempe, United States | 1996 | Mar 2014 | •••• | |
Customer experience services are provided by PrairieFyre to various clients. | prairiefyre.com | Canada | 1988 | Jun 2013 | $20M | |
Books across multiple categories are published by E-smith.com. | e-smith.com | 2013 | Jul 2001 | •••• | ||
Limited information available | vertex-technologies.com | Tulsa, United States | 0 | Jun 2000 | $250M | |
Plessey is focused on developing advanced microLED display solutions. | plesseysemiconductors.com | Plymouth, United Kingdom | 1917 | Feb 1998 | •••• |
Complete acquisition details for Mitel
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Timeline of Mitel
14 dated milestones of Mitel across 50 years, from founding to its latest funding, stage changes and deals.
- Founded Mitel is founded.
- Acquisition Acquires Plessey.
- Acquisition Acquires Vertex Technologies.
- Acquisition Acquires E-smith.com.
- Funding First funding round of $894K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires PrairieFyre.
- Acquisition Acquires OAISYS.
- Acquisition Acquires Mavenir.
- Acquisition Acquires TigerTMS.
- Acquisition Acquires ShoreTel.
- Exit Acquired by Searchlight Capital.
- Funding Latest funding round, Debt – Conventional, of $1.5B.
- Acquisition Acquires Unify.
Web traffic of Mitel
The website of Mitel (mitel.com) receives about 213.9K visits a month.
- Monthly visits213.9K
Websites whose visitors overlap most with Mitel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cisco.com | 100% | 14.5M | #3,521 | View details | |
| lucent.com | 94% | View details | |||
| avaya.com | 79% | 432.4K | #115,660 | View details | |
| nortel.com | 78% | View details | |||
| shoretel.com | 77% | 7.6K | #2,254,279 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Mitel
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Frequently Asked Questions about Mitel
Mitel was founded in 1973 and raised its 1st funding round 29 years after it was founded.
Mitel is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Mitel is a funded company, having raised a total of $1.01M across 8 funding rounds to date. The company's 1st funding round was a Series A of $893.64K, raised on Apr 2002.
Mitel has 430 employees.
Annual revenue of Mitel is $1.06B as on Dec 31, 2017.
The company was founded in 1973 in Ottawa, Canada, and focuses on unified communications within sectors such as healthcare, hospitality, government, and education. Cloud-based platforms are provided for IP telephony, appliances, and desktop devices, alongside applications that integrate voice, video, and data with business tools. Services encompass video conferencing, messaging, team chat, voice response, automatic call distribution, workforce optimization, and omnichannel management.
Mitel has made 9 acquisitions, including E-smith.com, Mavenir, and OAISYS.
Mitel has 2 investors. Key investors include Francisco Partners, and Searchlight Capital.
Mitel is associated with 2 legal entities: Mitel Cloud Communications Private Limited, Mitel Communications Private Limited.
Yes. Mitel was acquired by Searchlight Capital in April 2018.
The legal entities of Mitel currently have 5 directors, including Patrick Peisker, Gregory J Hiscock, Sriram Krishnamachari and others.
The website of Mitel receives about 214 thousand visits a month.