Rivermine

Fairfax, United States Founded: 1999 • Age: 27 yrs Acquired By Tangoe
Telecom expense management
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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
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rivermine Software Inc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28.7 M (USD)

    in 4 rounds

  • Latest Funding Round
    $5 M (USD), Series C

    Jan 27, 2009

  • Investors
    Tangoe

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Tangoe

    (May 07, 2015)

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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
  • Total Rounds 4
  • Last Round Series C — $5.0M
  • First Round

    (01 Jun 2003)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2009 Amount Series C - Rivermine Valuation SoftBank Capital
Jun, 2007 Amount Series C - Rivermine Valuation SoftBank Capital
May, 2005 Amount Series B - Rivermine Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech-focused VC firm investing in geographies such as the US
Founded Year Domain Location
Waiting list management and analyses services in the technology sector.
Founded Year Domain Location
US tech companies are funded across stages by Columbia Capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rivermine

Rivermine has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MBG Expense Management. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of financial services for investment industry
1990
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Rivermine

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rivermine Comparisons

Employees
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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. 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
Cloud-based IT expense life cycle management software is provided.
domain founded_year HQ Location
Enterprise mobility data is aggregated and managed via SaaS platform.
domain founded_year HQ Location
A platform for global telecom services is provided to businesses.
domain founded_year HQ Location
Platform for financial planning solutions for telecom companies
domain founded_year HQ Location
Telecom equipment retailer and TEM services provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rivermine

Rivermine Raises $5 Million - PE Hub
Pehub17 years ago
Rivermine Raises Series C - PE Hub
Pehub18 years ago

Frequently Asked Questions about Rivermine

When was Rivermine founded?

Rivermine was founded in 1999 and raised its 1st funding round 4 years after it was founded.

Where is Rivermine located?

Rivermine is headquartered in Fairfax, United States. It is registered at Fairfax, Virginia, United States.

Is Rivermine a funded company?

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 B of $10M, raised on Jun 01, 2003.

What does Rivermine do?

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.

Who are the top competitors of Rivermine?

Rivermine's top competitors include Gigs, Tangoe and Visage Mobile.

How many acquisitions has Rivermine made?

Rivermine has made 1 acquisition, including MBG Expense Management.

Who are Rivermine's investors?

Rivermine has 5 investors. Key investors include Tangoe, Valhalla Partners, Longworth, Columbia Capital, and SoftBank Ventures.

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