About Rivermine
Rivermine is a company based in Fairfax (United States) founded in 1999 was acquired by Tangoe in May 2015. Rivermine has raised $28.7 million across 4 funding rounds from investors including Tangoe, Valhalla Partners and Longworth. Rivermine has completed 1 acquisition, including MBG Expense Management. Rivermine operates in a competitive market with competitors including Tangoe, Visage Mobile, Gigs, WidePoint and LetsTalk.com, among others.
- Headquarter Fairfax, United States
- SectorsTechnology
- Website rivermine.com
- Social LinkedIn X
- Acquired by Tangoe (May 2015)
- Legal Name Rivermine Software Inc
Funding Insights of Rivermine
Rivermine has successfully raised a total of $28.7M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $5 million completed in January 2009. 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 $28.7M
- Total Rounds 4
- Last Round Series C — $5M
- First Round $5M
(Jun 2003)
- Investors Count 4
All 4 funding rounds of Rivermine 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 2009 | $5M | Series C | – | SoftBank Capital | |
| Jun 2007 | $8.7M | Series C | – | SoftBank Capital | |
| May 2005 | $10M | Series B | – | – | |
| Jun 2003 | $5M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Rivermine
Rivermine has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Tangoe, Valhalla Partners and Longworth.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-focused VC firm investing in geographies such as the US | – | valhallapartners.com | Vienna, United States | |
Waiting list management and analyses services in the technology sector. | – | longworth.com | - | |
US tech companies are funded across stages by Columbia Capital. | – | colcap.com | Alexandria, United States | |
Early-stage investments in tech companies are made globally. | – | softbankvc.com | New York, United States | |
Cloud-based IT expense life cycle management software is provided. | 2000 | tangoe.com | Boulevard, United States |
Investor details for Rivermine
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Investments & Acquisitions by Rivermine
Rivermine has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MBG Expense Management.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of financial services for investment industry | mbg-inc.com | New York, United States | 1990 | Dec 2009 | •••• |
Complete acquisition details for Rivermine
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Rivermine
5 dated milestones of Rivermine across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Rivermine is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series C, of $5.0M.
- Acquisition Acquires MBG Expense Management.
- Exit Acquired by Tangoe.
Competitors of Rivermine
Rivermine 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 Tangoe, Visage Mobile, Gigs, WidePoint and LetsTalk.com, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tangoe.com | 2000 | Boulevard, United States | $34.16M | 768 | Cloud-based IT expense life cycle management software is provided. | |
| visagemobile.com | 2001 | Larkspur, United States | $102.86M | 27 | Enterprise mobility data is aggregated and managed via SaaS platform. | |
| gigs.com | 2020 | San Francisco, United States | $93.13M | – | A platform for global telecom services is provided to businesses. | |
| widepoint.com | 1996 | Mclean, United States | – | 211 | Platform for financial planning solutions for telecom companies | |
| letstalk.com | 1999 | San Francisco, United States | – | 1,804 | Telecom equipment retailer and TEM services provider | |
| xigo.com | 2000 | Manassas, United States | $22M | – | Cloud-based telecom expense management solutions are provided by Xigo. | |
| profitline.com | 1992 | San Diego, United States | $32M | – | TEM and MDM solutions are provided to enterprise customers. | |
| isi-info.com | 1977 | Chicago, United States | – | 53 | Converged telecommunication management and analysis solutions provider |
Detailed competitors of Rivermine
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- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of Rivermine
Websites that share an audience with Rivermine (rivermine.com).
Websites whose visitors overlap most with Rivermine. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| profitline.com | 30% | – | – | View details |
Latest news on Rivermine
Complete news archive for Rivermine
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
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Similar companies to Rivermine
10 companies that operate in the same segment as Rivermine (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Rivermine
Rivermine was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Rivermine is headquartered in Fairfax, United States. It is registered at Fairfax, Virginia, United States.
Rivermine is a funded company, having raised a total of $28.7M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2003.
Rivermine Software was established in 1999 in Fairfax, United States, within the telecom sector. Automation is applied to the full lifecycle of voice, data, and wireless expenses. Processes such as contract sourcing, ordering, invoice processing, auditing, inventory and asset management, network optimization, analytics, and reporting are handled through these solutions. The company was formerly known as Telco Exchange.
Rivermine's top competitors include Gigs, Tangoe and Visage Mobile.
Rivermine has made 1 acquisition, including MBG Expense Management.
Rivermine has 5 investors. Key investors include Tangoe, Valhalla Partners, Longworth, Columbia Capital, and SoftBank Ventures.
Rivermine operates through Rivermine Software Inc.
Yes. Rivermine was acquired by Tangoe in May 2015.