About Openreach
Openreach is a company based in London (United Kingdom) founded in 1997. Openreach has raised $37 million across 2 funding rounds from investors including Polaris Partners, Clarity Partners and Lehman Brothers. The company has 36,276 employees. Openreach offers products and services including Full Fibre Broadband, Ethernet Services, and Copper Broadband. Openreach operates in a competitive market with competitors including KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, among others.
- Headquarter London, United Kingdom
- Employees 36,276
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Website openreach.com
- Social LinkedIn X Facebook Instagram
- Legal Name Openreach Limited
- Date of Incorporation 24 Mar, 2017
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$2.35 B (USD)3as on Mar 31, 2021
- Total Equity Funding$37M (USD)
in 2 rounds
- Latest Funding Round$31M (USD), Series C
Jan 2002
- InvestorsPolaris Partners
& 4 more
- Employee Count36,276
Products & Services of Openreach
Openreach offers a comprehensive portfolio of products and services, including Full Fibre Broadband, Ethernet Services, and Copper Broadband.
Delivers high-speed internet using fibre optics for reliable connectivity
Provides high-capacity network solutions for enterprise data transfer
Offers traditional internet via copper lines for basic connectivity
Funding Insights of Openreach
Openreach has successfully raised a total of $37M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $31 million completed in January 2002. 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 $37M
- Total Rounds 2
- Last Round Series C — $31M
- First Round $6M
(Jul 2000)
- Investors Count 5
All 2 funding rounds of Openreach 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 |
|---|---|---|---|---|---|
| Jan 2002 | $31M | Series C | – | Lehman Brothers, Sofinnova Investments | |
| Jul 2000 | $6M | Series B | – | Clarity Partners | – |
5 investors in total: 5 institutional.
Investors in Openreach
Openreach has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Polaris Partners, Clarity Partners and Lehman Brothers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused venture capital firm | – | polarispartners.com | Boston, United States | |
- | – | claritypartners.net | - | |
Biotech funding, drug development support, and investment in life sciences. | – | sofinnova.com | - | |
Tech focused Venture Capital firm investing globally | – | idgventures.com | San Francisco, United States | |
Global financial advisory services are provided by the firm. | – | lehman.com | New York, United States |
Investor details for Openreach
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Openreach
16 people are tracked at Openreach (7 in leadership, 6 in board & advisors, 3 in team); the tracked headcount is 36,276.
| Name | Role | Group |
|---|---|---|
Clive Selley | CEO | Leadership |
Katie Milligan | Chief Commercial Officer | Leadership |
Kevin Brady | HR Director | Leadership |
Matt Davies | CFO | Leadership |
Colin Lees | Chief Technology & Information Officer | Leadership |
Andy Whale | Chief Engineer | Leadership |
James Tappenden | Director of Fibre First & Shared Services | Leadership |
Edward Astle | Non-executive Board Member | Board & advisors |
Andrew Barron | Non-executive Board Member | Board & advisors |
Jon Furmston | Secretary to the Board | Board & advisors |
Simon Lowth | BT Group Nominee | Board & advisors |
Mike McTighe | Chairman | Board & advisors |
Natalie Ceeney | Independent Director | Board & advisors |
Catherine Colloms | MD Corporate Affairs & Brand | Team |
Richard Allwood | CSO | Team |
Belinda Bagge | General Counsel | Team |
Complete people profiles for Openreach
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Openreach
3 dated milestones of Openreach across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Openreach is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series C, of $31.0M.
Competitors of Openreach
Openreach 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 KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kpn.com | 1989 | The Hague, Netherlands | – | 13,275 | Mobile and fixed-line telecommunication services are provided across Europe. | |
| orange.pl | 1991 | Warsaw, Poland | $2.46B | – | Telephony, internet, and data transmission services are provided in Poland. | |
| ciena.com | 1992 | Hanover, United States | – | 412 | Cloud-based network management software is provided for infrastructure planning. | |
| hkbn.net | 1999 | Hong Kong, China | $200M | – | Provider of fibre optic broadband internet services | |
| fpt.vn | 1997 | Hanoi, Vietnam | $36.5M | – | Broadband internet, IPTV, and data services are offered in Vietnam. | |
| bezeq.co.il | 1984 | Tel Aviv, Israel | – | – | Telecom services provider in Israel | |
| viasat.com | 1986 | Carlsbad, United States | – | 6,800 | Satellite-based communication services are provided to diverse business sectors. | |
| earthlink.net | 1994 | Atlanta, United States | – | – | Internet service provider | |
| centurylink.com | 1930 | Monroe, United States | – | 25,928 | Datacenter colocation, communication technology, and managed services are provided. |
Detailed competitors of Openreach
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Openreach
The website of Openreach (openreach.com) receives about 733.8K visits a month and ranks #79,437 among all websites worldwide, #9,362 in Telecommunications.
- Monthly visits733.8K
▲ 13.8% vs previous month
- Unique visitors281.9K
per month
- Global rank#79,437
among all websites
- Category rank#9,362
Computers Electronics and Technology · Telecommunications
- Bounce rate44%
- Pages per visit2.8
- Average visit1 min 21 sec
- DevicesDesktop 25% · Mobile 75%
Websites whose visitors overlap most with Openreach. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cityfibre.com | 100% | 206.1K | #203,521 | View details | |
| hyperoptic.com | 89% | 1.1M | #44,980 | View details | |
| virginmedia.com | 89% | 15.4M | #3,401 | View details | |
| bt.com | 88% | 17.2M | #2,458 | View details | |
| vodafone.co.uk | 87% | 14.3M | #4,269 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Openreach
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Openreach
Complete news archive for Openreach
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Openreach
10 companies that operate in the same segment as Openreach (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | – | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Frequently Asked Questions about Openreach
Openreach was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Openreach is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Clive Selley is the current CEO of Openreach.
Openreach is a funded company, having raised a total of $37M across 2 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Jul 2000.
Openreach has 36,276 employees.
Annual revenue of Openreach is $2.35B as on Mar 31, 2021.
Openreach was established in 1997 in London, United Kingdom, within the telecommunications sector. Fiber broadband, copper access, ethernet solutions, and optical DWDM systems are delivered, alongside ethernet backhaul and cabling for internal and external networks. Bespoke network design, new site development, and project management consultancy services are also offered to support infrastructure operations across the region.
Openreach's top competitors include KPN, Ciena and Orange Polska.
Openreach offers Full Fibre Broadband, Ethernet Services, and Copper Broadband.
Openreach has 5 investors. Key investors include Polaris Partners, Clarity Partners, Lehman Brothers, Sofinnova, and IDG Ventures.
Openreach operates through Openreach Limited.
The website of Openreach receives about 734 thousand visits a month and ranks #79,437 among all websites worldwide.