About Ribbon
Ribbon is a company based in Petah Tikva (Israel) founded in 1961 was acquired by Ribbon in November 2019. It operates as a Managed Services, and Reseller / Distribution. The company has 585 employees as of April 05, 2024. Ribbon has completed 2 acquisitions, including Laurel Networks and Telegate. Ribbon offers products and services including IP Routing, Optical Networking, and MUSE™ Domain Orchestration. Ribbon operates in a competitive market with competitors including Calix, KPN, Hong Kong Broadband Network, Orange Polska and NEC, among others.
- Headquarter Petah Tikva, Israel
- Employees 585 as on 05 Apr, 2024
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Ribbon Communications
- Date of Incorporation 23 Dec, 2003
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$40.28 M (USD)20.23as on Mar 31, 2023
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Net Profit
$2.77 M (USD)-19.54as on Mar 31, 2023
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EBITDA
$2.64 M (USD)-42.95as on Mar 31, 2023
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Latest Funding Round
$30 M (USD), Debt – Venture
Mar 23, 2010
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Investors
Ribbon Communications
& 1 more
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Employee Count
585
as on Apr 05, 2024
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Investments & Acquisitions
Laurel Networks
& 1 more
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Acquired by
Ribbon
(Nov 14, 2019)
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Products & Services of Ribbon
Ribbon offers a comprehensive portfolio of products and services, including IP Routing, Optical Networking, and MUSE™ Domain Orchestration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
IP transport solutions are provided for 5G capabilities.
Optical platforms are offered for cost-effective network deployment.
Automated provisioning platform is used for network optimization.
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Software Development Team
380 people
Leadership Team
47 people
Senior Team
35 people
Sales and Marketing
33 people
Product Management Team
26 people
Legal and Compliance
16 people
Finance and Accounting
14 people
Network Team
12 people
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Funding Insights of Ribbon
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Venture — $30.0M
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First Round
First Round
(02 Dec 2001)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Debt – Venture - Ribbon | Valuation |
investors |
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| Dec, 2001 | Amount | Post-IPO - Ribbon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ribbon
Ribbon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ribbon Communications and Viola Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments in tech startups are managed by Viola Ventures.
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Founded Year | Domain | Location | |
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Cloud-based optical network solutions are provided to service providers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ribbon
Ribbon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Laurel Networks and Telegate. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IP/MPLS edge routers are provided to network operators.
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1999 | ||||
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Manufacturer of animal feed additives improving animal performance
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1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ribbon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ribbon Comparisons
Competitors of Ribbon
Ribbon 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 Calix, KPN, Hong Kong Broadband Network, Orange Polska and NEC, 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 |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ribbon
Frequently Asked Questions about Ribbon
When was Ribbon founded?
Ribbon was founded in 1961 and raised its 1st funding round 40 years after it was founded.
Where is Ribbon located?
Ribbon is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
Who is the current CEO of Ribbon?
Bruce McClelland is the current CEO of Ribbon.
How many employees does Ribbon have?
As of Apr 05, 2024, the latest employee count at Ribbon is 585.
What is the annual revenue of Ribbon?
Annual revenue of Ribbon is $40.28M as on Mar 31, 2023.
What does Ribbon do?
Ribbon Communications is involved in delivering IP and optical networking solutions to service providers and critical industries worldwide. The companys portfolio includes IP routing with 5G capabilities, optical transport platforms for secure and scalable networks, and automated service provisioning through MUSE Domain Orchestration. Solutions such as core networking, data center interconnect, and 5G mobile backhaul are designed to maximize bandwidth and ensure deterministic performance. Ribbon also offers expert services for network planning and optimization, supporting hundreds of millions of users globally across 70 countries.
What products or services does Ribbon offer?
Ribbon offers IP Routing, Optical Networking, and MUSE™ Domain Orchestration.
How many acquisitions has Ribbon made?
Ribbon has made 2 acquisitions, including Laurel Networks, and Telegate.
Who are Ribbon's investors?
Ribbon has 2 investors. Key investors include Ribbon Communications, and Viola Ventures.