About Sangoma
Sangoma is a company based in Markham (Canada) founded in 1984.. The company has 671 employees as of June 30, 2024. Sangoma has completed 9 acquisitions, including Converged Communication Systems, Digium and NetFortris. Sangoma offers products and services including Communications Platform, Cloud UCaaS, Managed Security, and SIP Trunking. Sangoma operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Weave, among others.
- Headquarter Markham, Canada
- Employees 671 as on 30 Jun, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Sangoma Technologies Corporation
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Annual Revenue
$232.89 M (USD)-0.95as on Jun 30, 2024
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Net Profit
$-8.15 M (USD)69.82as on Jun 30, 2024
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EBITDA
$41.53 M (USD)5.74as on Jun 30, 2024
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Latest Funding Round
$60 M (USD), Post-IPO
Jul 23, 2020
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Investors
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Employee Count
671
as on Jun 30, 2024
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Investments & Acquisitions
Converged Communication Systems
& 8 more
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IPO & Listings of Sangoma
Sangoma is a publicly listed company on the TSX with ticker symbol STC in Canada, operating in the Electronic technology 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 Sangoma
Sangoma offers a comprehensive portfolio of products and services, including Communications Platform, Cloud UCaaS, Managed Security, and SIP Trunking. 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.
Platform for voice and video collaboration in businesses.
Cloud-based system for business communications and networking.
Provides firewall and threat protection for enterprises.
Service for scalable phone systems and call management.
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Funding Insights of Sangoma
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $60.0M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Post-IPO - Sangoma | Valuation |
investors |
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| Jul, 2019 | Amount | Post-IPO - Sangoma | Valuation |
investors |
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| Jun, 2006 | Amount | Post-IPO - Sangoma | 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 |
Investments & Acquisitions by Sangoma
Sangoma has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Converged Communication Systems, Digium and NetFortris. 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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Provider of tools for unified communication
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2018 | ||||
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Wholesale SIP trunking and VoIP communication APIs are provided.
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2007 | ||||
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Unified communications software suite
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2006 |
| 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 - Sangoma
| 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 |
Sangoma Comparisons
Competitors of Sangoma
Sangoma 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 RingCentral, Dialpad, Fuze, Webex and Weave, 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 unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
An AI platform is utilized for connecting employees across organizations.
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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 Sangoma
Frequently Asked Questions about Sangoma
When was Sangoma founded?
Sangoma was founded in 1984 and raised its 1st funding round 22 years after it was founded.
Where is Sangoma located?
Sangoma is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.
How many employees does Sangoma have?
As of Jun 30, 2024, the latest employee count at Sangoma is 671.
What is the annual revenue of Sangoma?
Annual revenue of Sangoma is $232.89M as on Jun 30, 2024.
What does Sangoma do?
Founded in 1984 and based in Markham, Canada, Sangoma operates in the telecommunications sector. Hardware and software for IP communications, including voice, data, and video, are provided. Key products encompass session border controllers, IP phones, PBX platforms, VoIP gateways, fax services, and telephony cards. Services target industries such as automotive, finance, and education, with offerings structured on a subscription pricing model.
Who are the top competitors of Sangoma?
Sangoma's top competitors include Dialpad, Webex and RingCentral.
What products or services does Sangoma offer?
Sangoma offers Communications Platform, Cloud UCaaS, Managed Security, and SIP Trunking.
Is Sangoma publicly traded?
Yes, Sangoma is publicly traded on TSX under the ticker symbol STC.
How many acquisitions has Sangoma made?
Sangoma has made 9 acquisitions, including Converged Communication Systems, Digium, and NetFortris.
What is Sangoma's ticker symbol?
The ticker symbol of Sangoma is STC on TSX.
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