About Sigma Systems
Sigma Systems is a Telecommunications company based in Toronto (Canada) founded in 1996, and was acquired by Hansen Technologies in May 2019. Product, order management, and network provisioning solutions are provided. It operates in the Telecommunications and Technology sectors. Sigma Systems has raised $21 million across 3 funding rounds from investors including Morgan Stanley, Kleiner Perkins and Hansen Technologies. The company has 379 employees. Sigma Systems has completed 1 acquisition, including Tribold. Its Indian entity Hansen Systems Private Limited reported revenue of ₹107 Cr. Its focus areas include Enterprise Applications, Sales Force Automation, Configure Price Quote and Suite.
Company details
Offers a channel sales management solution for media and tech enterprises. Module include Sigma Catalog (allows enterprises to managing creating entire product portfolio), Sigma CPQ (allows enterprises to configure, price and quote complex orders in real-time), Sigma Order management (allows enterprise to manage orders across multiple channels) and Sigma Cloud Broker service (allows enterprise to deliver personalized business bundles to customers). Also offers network provisioning and analytics solutions for the service providers. Customers include Vodafone, Telenor, Viasat, and TeliaSonera.
- Headquarters Toronto, Canada
- Employees 379
- Stage Acquired
- SectorsTelecommunicationsTechnology
- Website sigma-systems.com
- Social LinkedIn X
- Acquired by Hansen Technologies (May 2019)
- Legal Name Hansen Systems Private Limited
- Date of Incorporation 17 Jun, 2015
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹107 Cr
FY 2025 · +7% YoY
- Indian entity net profit₹10.13 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹15.59 Cr
FY 2025 · 15% margin
- Total Equity Funding$21M (USD)
in 3 rounds
- InvestorsMorgan Stanley
& 6 more
- Employee Count379
- Investments & Acquisitions
- Acquired by
Associated legal entities of Sigma Systems
Sigma Systems operates through Hansen Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hansen Systems Private Limited CIN U72502PN2015PTC166405 | Active | 17 Jun 2015 | Pune, Maharashtra | ₹107 Cr | 379 | 3 | View details |
Funding Insights of Sigma Systems
Sigma Systems has successfully raised a total of $21M across 3 strategic funding rounds. 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 $21M
- Total Rounds 3
- First Round $21M
(Aug 2000)
- Investors Count 5
All 3 funding rounds of Sigma Systems 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 |
|---|---|---|---|---|---|
| May 2015 | Series C | – | – | ||
| Feb 2001 | Series B | – | – | ||
| Aug 2000 | $21M | Series A | – | – |
7 investors in total: 7 institutional.
Investors in Sigma Systems
Sigma Systems has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Kleiner Perkins and Hansen Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Private equity investments are directed toward growth-stage companies across sectors. | 1994 | birchhillequity.com | Toronto, Canada | |
Provides comprehensive e-commerce support services for businesses. | redwood-ventures.com | Maryland Heights, United States | ||
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Provider of software and services for energy and communications industries. It offers solutions for customer relationship management, meter data management, billing, and other critical revenue management processes. The company's software suite enables clients to create and deliver new products and services, engage with customers effectively, and manage essential business operations. Its services include cloud hosting, managed services, and data protection. The focus is on helping clients in these sectors become more digitally driven. | 1971 | hansencx.com | Doncaster East, Australia | |
Patient education videos are generated at point-of-care via iOS app. | 1995 | liberate.com | Montclair, United States |
Investor details for Sigma Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Hansen Systems Private Limited (Sigma Systems)
Hansen Systems Private Limited is the primary company behind Sigma Systems. The board of Hansen Systems Private Limited currently have 3 directors; the longest-serving is Andrew Alexander Hansen, appointed in 2019. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Andrew Alexander Hansen DIN 03036012 | Director | 10 Dec 2019 | 6 yrs 10 mo | Hansen Systems Private Limited |
| Richard Anthony Dillon English DIN 10665645 | Director | 13 Jun 2024 | 2 yrs 4 mo | Hansen Systems Private Limited |
| Richa Pranav Shah DIN 11410330 | Additional Director | 08 Dec 2025 | 10 mo | Hansen Systems Private Limited |
Financials of Sigma Systems
Figures of Hansen Systems Private Limited, the primary company behind Sigma Systems, for FY 2025. Revenue was ₹107 Cr (+7% year on year). Net profit was ₹10.13 Cr (10% margin). EBITDA was ₹15.59 Cr (15% margin). Revenue has grown at a compounded annual rate of +11% over three years and +20% over five years.
- ₹107 CrRevenue · FY 2025 · +7% YoY
- ₹10.13 CrNet profit · 10% margin
- ₹15.59 CrEBITDA · 15% margin
- ₹70.9 LakhPaid-up capital
- 379Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hansen Systems Private Limited are on its company page.
Detailed financial statements for Sigma Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sigma Systems
Sigma Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tribold.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Enterprise product management software is provided for communication service providers. | tribold.com | London, United Kingdom | 2003 | Jul 2013 | •••• |
Complete acquisition details for Sigma Systems
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Timeline of Sigma Systems
6 dated milestones of Sigma Systems across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Sigma Systems is founded.
- Funding First funding round of $21.0M.
- Exit Acquired by Liberate Health.
- Acquisition Acquires Tribold.
- Funding Latest funding round, Series C,.
- Exit Acquired by Hansen Technologies.
Web traffic of Sigma Systems
Websites that share an audience with Sigma Systems (sigma-systems.com).
Websites whose visitors overlap most with Sigma Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alcatel-lucent.com | 100% | 44.3K | #657,260 | View details | |
| telcordia.com | 92% | View details | |||
| amdocs.com | 86% | 334.6K | #108,945 | View details | |
| mtsint.com | 86% | View details | |||
| veramark.com | 86% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Sigma Systems
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Related news about Sigma Systems
Complete news archive for Sigma Systems
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Frequently Asked Questions about Sigma Systems
Sigma Systems was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Sigma Systems is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Sigma Systems is a funded company, having raised a total of $21M across 3 funding rounds to date. The company's 1st funding round was a Series A of $21M, raised on Aug 2000.
Sigma Systems has 379 employees.
The primary company behind Sigma Systems, Hansen Systems Private Limited, reported revenue of ₹107 Cr for FY 2025, up 7% year on year.
Offers a channel sales management solution for media and tech enterprises. Module include Sigma Catalog (allows enterprises to managing creating entire product portfolio), Sigma CPQ (allows enterprises to configure, price and quote complex orders in real-time), Sigma Order management (allows enterprise to manage orders across multiple channels) and Sigma Cloud Broker service (allows enterprise to deliver personalized business bundles to customers). Also offers network provisioning and analytics solutions for the service providers. Customers include Vodafone, Telenor, Viasat, and TeliaSonera.
Sigma Systems has made 1 acquisition, including Tribold.
Sigma Systems has 7 investors. Key investors include Morgan Stanley, Kleiner Perkins, Hansen Technologies, Birch Hill Equity Partners, and Cisco Investments.
Sigma Systems operates through Hansen Systems Private Limited.
Yes. Sigma Systems was acquired by Hansen Technologies in May 2019.
The legal entities of Sigma Systems currently have 3 directors, including Andrew Alexander Hansen, Richard Anthony Dillon English, Richa Pranav Shah.