OpenFace

Montreal, Canada Founded: 1996 • Age: 30 yrs Acquired By Beanfield
Business communication, hosting, and data center colocation provider
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About OpenFace

OpenFace is a company based in Montreal (Canada) founded in 1996 was acquired by Beanfield in February 2020.. OpenFace has completed 1 acquisition, including Zero Fail. OpenFace operates in a competitive market with competitors including Equinix, DataBank, Interxion, eStruxture and ViaWest, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Beanfield

    (Feb 03, 2020)

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Funding Insights of OpenFace

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 OpenFace

OpenFace has secured backing from 1 investor. Prominent investors backing the company include Beanfield. 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
Fiber optic telecom and TV services provider
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 OpenFace

OpenFace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zero Fail. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Collectible animal figurines and playsets are manufactured.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - OpenFace

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

Openface Comparisons

Employees
+
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Competitors of OpenFace

OpenFace 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 Equinix, DataBank, Interxion, eStruxture and ViaWest, 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
Provider of colocation data center services
domain founded_year HQ Location
Data center colocation solutions are offered by DataBank.
domain founded_year HQ Location
Platform offering data center colocation solution
domain founded_year HQ Location
Data center colocation and managed services are provided for enterprises.
domain founded_year HQ Location
Hybrid IT infrastructure, colocation, and cloud services are provided.
domain founded_year HQ Location
Data center colocation services are operated across 14 US locations.
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 Openface

Beanfield buys Openface
Pehub5 years ago

Frequently Asked Questions about OpenFace

When was OpenFace founded?

OpenFace was founded in 1996.

Where is OpenFace located?

OpenFace is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

What does OpenFace do?

Openface provides fiber optic internet connectivity, VoIP telephony, hosting, and data center colocation services. Connectivity services include private networks, traditional internet connections, fiber optic internet connections, SIP trunking and hosted PBX. Data center services include colocation, hosting, managed services and private cloud. It also provides software services for content management systems, digital marketing, technical consulting, software as a service, learning management systems and e-commerce solutions. Some of its customers include CBI ICRA, Fuller Landau, Burger King, Manchu Wok, Tim Hortons etc.

Who are the top competitors of OpenFace?

OpenFace's top competitors include Equinix, DataBank and 365 Data Centers.

How many acquisitions has OpenFace made?

OpenFace has made 1 acquisition, including Zero Fail.

Who are OpenFace's investors?

OpenFace has 1 investor. Key investors include Beanfield.

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