PacketFront Software

Stockholm, Sweden Founded: 2001 • Age: 25 yrs Acquired By Virtual1
Multi-vendor network automation and customer management solutions are provided.
Annual revenue - Latest available
Total funding $75.5M 6 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About PacketFront Software

PacketFront Software is a company based in Stockholm (Sweden) founded in 2001 was acquired by Virtual1 in July 2020. It operates as a SaaS (Software-as-a-Service) and Managed Services. PacketFront Software has raised $75.54 million across 6 funding rounds from investors including Vinnova, NetNordic and Amadeus Capital Partners. PacketFront Software has completed 1 acquisition, including 42Networks. PacketFront Software offers products and services including BECS, BBE, and PacketWiz. PacketFront Software operates in a competitive market with competitors including Neusoft, Sigma Systems, Synchronoss, TEOCO and Mobileum, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Packetfront Software Solutions Ab
Operational Areas
Telecommunications → Telecommunications Software & Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $75.54 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Vinnova

    & 5 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Virtual1

    & 1 more

    (Jul 06, 2020)

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Products & Services of PacketFront Software

PacketFront Software offers a comprehensive portfolio of products and services, including BECS, BBE, and PacketWiz.

Product name locked
Category locked
Primary

Network automation is provided for multi-vendor IP networks.

Product name locked
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Subscriber management is facilitated through business support systems.

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Cost savings are calculated for network automation solutions.

People of PacketFront Software

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Jonas Ohlsson
CTO
People
Johanna Bergström
Chief Financial Officer
People
Babu Kothandaraman
Senior Solutions Architect
People
Joanna Pudełko
Frontend Developer

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Funding Insights of PacketFront Software

PacketFront Software has successfully raised a total of $75.54M across 6 strategic funding rounds. 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 PacketFront Software

PacketFront Software has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Vinnova, NetNordic and Amadeus Capital Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital funding is provided to Swedish companies across sectors.
Locked Locked Locked
Early-stage deep technology investments are made by Amadeus Capital.
Locked Locked Locked
Investment in life sciences companies is facilitated by EEP.
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Investor details for PacketFront Software

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by PacketFront Software

PacketFront Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 42Networks.

Investments
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Investment portfolio details for PacketFront Software

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
VoIP, broadband telephony, and FTTP solutions are provided to operators.
Locked Locked 1999 Locked
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Complete acquisition details for PacketFront Software

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - PacketFront Software

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Detailed financials for PacketFront Software

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  • Profit trends
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Packetfront Software Comparisons

PacketFront Software Primary company
Description
Multi-vendor network automation and customer management solu...
Location
Stockholm, Sweden
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for PacketFront Software

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Competitors of PacketFront Software

PacketFront Software 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 Neusoft, Sigma Systems, Synchronoss, TEOCO and Mobileum, among others.

Company Name Domain Founded year HQ Location Description
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IT solutions and services are provided to multiple industries.
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Product, order management, and network provisioning solutions are provided.
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SaaS-based platform providing subscriber analytics, network asset management, and cloud services
Locked Locked Locked
Network planning, assurance, analytics, and optimization solutions are provided.
Locked Locked Locked
Real-time and predictive analytics are delivered to telecom providers.
Locked Locked Locked
OSS/BSS and IT services are provided to the telecommunications sector.
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Detailed competitors of PacketFront Software

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Latest news on Packetfront Software

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Complete news archive for PacketFront Software

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Frequently Asked Questions about PacketFront Software

PacketFront Software was founded in 2001.

PacketFront Software is headquartered in Stockholm, Sweden.

Jonny Wetterborn is the current CEO of PacketFront Software.

PacketFront Software is a funded company, having raised a total of $75.54M across 6 funding rounds to date.

Network orchestration and automation solutions are delivered by PacketFront Software for telecom operators, city carriers, and enterprises across more than 20 countries. Multi-vendor network management is simplified through their OSS software, BECS, which enables zero-touch configuration and automated service provisioning for IP networks. Additionally, their BSS software, BBE, supports subscriber and product management. Compliance with UK TSA and EU NIS2 cybersecurity regulations is also facilitated. The company focuses on reducing operational costs and streamlining management processes in the telecommunications sector.

PacketFront Software's top competitors include Iconectiv, Neusoft and Amdocs.

PacketFront Software offers BECS, BBE, and PacketWiz.

PacketFront Software has made 1 acquisition, including 42Networks.

PacketFront Software has 6 investors. Key investors include Vinnova, NetNordic, Amadeus Capital Partners, European Equity Partners, and TLcom Capital Partners.

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