About Olive Communications
Olive Communications is a Technology company based in High Wycombe (United Kingdom) founded in 2002, and was acquired by Onecom in February 2021. Cloud-based unified communication management solutions are provided globally. Olive Communications has raised $14.17 million across 2 funding rounds from investors including Barclays, Onecom and BGF. Olive Communications has completed 1 acquisition, including Safetybank. Its focus areas include Enterprise Applications, Enterprise Collaboration, Communication and UCaaS. Its legal entity is OLIVE COMMUNICATIONS SOLUTIONS LIMITED.
Company details
Founded in 2002 and based in High Wycombe, United Kingdom, Olive Communications operates in the telecommunications sector. Strategic partnerships are maintained with network operators, carriers, IT vendors, and infrastructure providers. Current setups are audited to identify inefficiencies, after which tailored solutions and products are recommended and installed. Services encompass mobility, unified communications, connectivity, and contact centers, all delivered via cloud-based platforms.
- Headquarters High Wycombe, United Kingdom
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website olive.co.uk/404.html
- Social LinkedIn X Facebook
- Acquired by Onecom (Feb 2021)
- Legal Name Olive Communications Solutions Limited
- Date of Incorporation 23 Aug, 2011
- Jurisdiction FAREHAM, HAMPSHIRE, ENGLAND
Funding Insights of Olive Communications
Olive Communications has successfully raised a total of $14.17M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14.17 million completed in January 2016. 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 $14.17M
- Total Rounds 2
- Last Round Series B — $14.17M
- First Round $7.44M
(Jan 2016)
- Investors Count 2
All 2 funding rounds of Olive Communications with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Olive Communications
Olive Communications has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, Onecom and BGF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland | bgf.co.uk | Belfast, United Kingdom | ||
Commercial banking services are provided by Barclays worldwide. | 1690 | barclays.co.uk | London, United Kingdom | |
Telecom services for businesses in the UK are provided. | 2002 | onecom.co.uk | Fareham, United Kingdom |
Investor details for Olive Communications
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Investments & Acquisitions by Olive Communications
Olive Communications has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Safetybank.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web-based health & safety management tool | safetybank.co.uk | Wooburn Green, United Kingdom | 2010 | Jun 2014 | $13.62M |
Complete acquisition details for Olive Communications
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Timeline of Olive Communications
4 dated milestones of Olive Communications across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Olive Communications is founded.
- Acquisition Acquires Safetybank.
- Funding First funding round of $7.4M.
- Exit Acquired by Onecom.
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Frequently Asked Questions about Olive Communications
Olive Communications was founded in 2002 and raised its 1st funding round 14 years after it was founded.
Olive Communications is headquartered in High Wycombe, United Kingdom. It is registered at High Wycombe, Buckinghamshire, United Kingdom.
Olive Communications is a funded company, having raised a total of $14.17M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $7.44M, raised on Jan 2016.
Annual revenue of Olive Communications is $37.8M as on Jan 31, 2017.
Founded in 2002 and based in High Wycombe, United Kingdom, Olive Communications operates in the telecommunications sector. Strategic partnerships are maintained with network operators, carriers, IT vendors, and infrastructure providers. Current setups are audited to identify inefficiencies, after which tailored solutions and products are recommended and installed. Services encompass mobility, unified communications, connectivity, and contact centers, all delivered via cloud-based platforms.
Olive Communications has made 1 acquisition, including Safetybank.
Olive Communications operates through Olive Communications Solutions Limited.
Yes. Olive Communications was acquired by Onecom in February 2021.