About Ribbon Communications
Ribbon Communications is a company based in Westford (United States) founded in 1997. It operates as a SaaS (Software-as-a-Service), and Managed Services. Ribbon Communications has raised $41 million across 4 funding rounds from investors including Bessemer Venture Partners, JPMorgan Chase and Neuberger Berman. The company has 3,050 employees as of December 31, 2024. Ribbon Communications has completed 8 acquisitions, including Anova Data, Atreus Systems and Edgewater Networks. Ribbon Communications offers products and services including Session Border Controllers (SBCs), IP Optical Networking, and Ribbon Analytics. Ribbon Communications operates in a competitive market with competitors including Tejas Networks, Calix, VMware, Infinera and Mavenir, among others.
- Headquarter Westford, United States
- Employees 3050 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyTelecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ribbon Communications Inc.
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Annual Revenue
$833.88 M0.91as on Dec 31, 2024
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Net Profit
$-54.23 M18.08as on Dec 31, 2024
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EBITDA
$66.54 M70.15as on Dec 31, 2024
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Total Equity Funding
$41 M (USD)
in 4 rounds
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Latest Funding Round
$52.07 M (USD), Post-IPO
Aug 12, 2022
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Investors
Bessemer Venture Partners
& 12 more
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Employee Count
3050
as on Dec 31, 2024
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Investments & Acquisitions
Anova Data
& 7 more
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IPO & Listings of Ribbon Communications
Ribbon Communications is a publicly listed company on the NASDAQ with ticker symbol RBBN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Ribbon Communications
Ribbon Communications offers a comprehensive portfolio of products and services, including Session Border Controllers (SBCs), IP Optical Networking, and Ribbon Analytics. 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.
Secure communication solutions are provided for contact centers.
High-speed optical transport solutions are offered for networks.
Real-time data insights are delivered across network services.
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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 Communications
Ribbon Communications has successfully raised a total of $41M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $52.07 million completed in August 2022. 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 Total Funding
- Total Rounds 4
- Last Round Post-IPO — $52.1M
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First Round
First Round
(01 Aug 1997)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Post-IPO - Ribbon Communications | Valuation |
investors |
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| Jan, 2009 | Amount | Series A - Ribbon Communications | Valuation | Legatum |
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| Dec, 1999 | Amount | Unspecified - Ribbon Communications | Valuation |
investors |
| 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 Communications
Ribbon Communications has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, JPMorgan Chase and Neuberger Berman. 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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Secondary market fund focused on LP and direct secondary transactions
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Investments are directed toward retail, real estate, and manufacturing sectors.
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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 Communications
Ribbon Communications has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Anova Data, Atreus Systems and Edgewater Networks. 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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SDN solutions for voice, video, and unified communications are provided.
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2014 | ||||
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Real time intelligence at the radio edge
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2013 | ||||
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IP-based network devices and orchestration solutions are provided.
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2002 |
| 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 Communications
| 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 Communications Comparisons
Competitors of Ribbon Communications
Ribbon Communications 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 Tejas Networks, Calix, VMware, Infinera and Mavenir, 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 |
Telecom and broadband network solutions are provided by the company.
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| domain | founded_year | HQ Location |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Cloud orchestration solutions are provided for multi-cloud and device applications.
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| domain | founded_year | HQ Location |
Cloud-based optical network automation and transmission solutions are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Communications
Frequently Asked Questions about Ribbon Communications
When was Ribbon Communications founded?
Ribbon Communications was founded in 1997.
Where is Ribbon Communications located?
Ribbon Communications is headquartered in Westford, United States. It is registered at Westford, Massachusetts, United States.
Who is the current CEO of Ribbon Communications?
Franklin Hobbs is the current CEO of Ribbon Communications.
Is Ribbon Communications a funded company?
Ribbon Communications is a funded company, having raised a total of $41M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $23M, raised on Aug 01, 1997.
How many employees does Ribbon Communications have?
As of Dec 31, 2024, the latest employee count at Ribbon Communications is 3,050.
What is the annual revenue of Ribbon Communications?
Annual revenue of Ribbon Communications is $833.88M as on Dec 31, 2024.
What does Ribbon Communications do?
Ribbon Communications is involved in delivering advanced IP optical networking and secure cloud communication solutions. Services are provided to service providers, enterprises, and critical infrastructure sectors including defense, utilities, and rail. Solutions encompass high-speed optical transport, session border controllers, and network analytics. Operations span across mobile network operators, financial institutions, healthcare, and contact centers. Comprehensive support is offered for cloud-native IMS, data center interconnects, and 5G xHAUL. The focus remains on network transformation, security, and scalability for global clients.
Who are the top competitors of Ribbon Communications?
Ribbon Communications's top competitors include VMware, Tejas Networks and Mavenir.
What products or services does Ribbon Communications offer?
Ribbon Communications offers Session Border Controllers (SBCs), IP Optical Networking, and Ribbon Analytics.
Is Ribbon Communications publicly traded?
Yes, Ribbon Communications is publicly traded on NASDAQ under the ticker symbol RBBN.
How many acquisitions has Ribbon Communications made?
Ribbon Communications has made 8 acquisitions, including Anova Data, Atreus Systems, and Edgewater Networks.
Who are Ribbon Communications's investors?
Ribbon Communications has 13 investors. Key investors include Bessemer Venture Partners, JPMorgan Chase, Neuberger Berman, Heights Capital Management, and Legatum.
What is Ribbon Communications's ticker symbol?
The ticker symbol of Ribbon Communications is RBBN on NASDAQ.
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