About Openet
Openet is a company based in Dublin (Ireland) founded in 1999 was acquired by Amdocs in July 2020. Openet has raised $61.5 million across 5 funding rounds from investors including Amdocs, Orange and Enterprise Ireland. Openet operates in a competitive market with competitors including LotusFlare, Intense Technologies, Ready, UXP Systems and Kinimovil, among others.
- Headquarter Dublin, Ireland
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Telecommunications
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Funding Insights of Openet
Openet has successfully raised a total of $61.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $16 million completed in June 2012. 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.
Investors in Openet
Openet has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Amdocs, Orange and Enterprise Ireland.
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Investments are made in early to mid-stage US companies.
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Venture debt is provided to growth-stage companies across multiple sectors.
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Investor details for Openet
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Investments & Acquisitions by Openet
Investment portfolio details for Openet
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Financial Statements - Openet
Detailed financials for Openet
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Openet Comparisons
Peer comparison for Openet
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Competitors of Openet
Openet 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 LotusFlare, Intense Technologies, Ready, UXP Systems and Kinimovil, among others.
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End-to-end OSS BSS solutions for MNOs MVNOs
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Customer-centric processes are digitalized via UniServe platform enhancements.
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A utility intelligence platform is provided for infrastructure management.
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Digital user lifecycle management solutions are provided to service providers.
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Offers carrier billing and mobile content monetization through operator partnerships.
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Detailed competitors of Openet
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Latest news on Openet
Complete news archive for Openet
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Frequently Asked Questions about Openet
Openet was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Openet is headquartered in Dublin, Ireland.
Openet is a funded company, having raised a total of $61.5M across 5 funding rounds to date.
Openet was founded in 1999 in Dublin, Ireland, and operates within the telecommunications sector. Cloud-based platforms are offered to service providers, enabling control and monetization of network resources and services. The portfolio includes digital OSSBSS solutions, 5G technology, real-time data management via data fabric, and policy, charging, and mediation tools. Consulting services are also provided to clients such as BT, Orange, Telia, and Bell across various regions.
Openet's top competitors include LotusFlare, Intense Technologies and Ready.
Openet has 9 investors. Key investors include Amdocs, Orange, Enterprise Ireland, Kreos Capital, and Balderton Capital.