About SoundBite
SoundBite is a company based in Bedford (United States) founded in 2000 was acquired by Genesys in May 2013.. SoundBite has raised $26.75 million across 4 funding rounds from investors including Genesys, Commonwealth Capital Ventures and North Bridge Venture Partners. SoundBite has completed 1 acquisition, including SmartReply.
- Headquarter Bedford, United States
- Stage Public
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Phone
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Website
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Funding Insights of SoundBite
SoundBite has successfully raised a total of $26.75M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $8.5 million completed in June 2005. 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 Series D — $8.5M
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First Round
First Round
(01 Apr 2002)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2005 | Amount | Series D - SoundBite | Valuation | Commonwealth Capital Ventures | |
| Feb, 2004 | Amount | Series C - SoundBite | Valuation |
investors |
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| Mar, 2003 | Amount | Series B - SoundBite | 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 |
Investors in SoundBite
SoundBite has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Genesys, Commonwealth Capital Ventures and North Bridge Venture Partners. 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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Tech & offline focused VC firm investing in early & growth stage startups in the US
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Founded Year | Domain | Location | |
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US focused seed to growth stage VC firm
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Founded Year | Domain | Location | |
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Early-stage investments in European sectors are managed by Mosaic Ventures.
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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 SoundBite
SoundBite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SmartReply. 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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Mobile messaging solutions are offered for retail brand marketing.
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2001 |
| 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 - SoundBite
| 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 |
Soundbite Comparisons
Competitors of SoundBite
| 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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Frequently Asked Questions about SoundBite
When was SoundBite founded?
SoundBite was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Where is SoundBite located?
SoundBite is headquartered in Bedford, United States.
Who is the current CEO of SoundBite?
Paul Segre is the current CEO of SoundBite.
Is SoundBite a funded company?
SoundBite is a funded company, having raised a total of $26.75M across 4 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Apr 01, 2002.
What does SoundBite do?
SoundBite Communications provides cloud-based multichannel customer communication solutions to telecom, finance, media, retail, utilities, and other enterprise sectors in the US and Europe. It provides Engage (a multichannel communications platform which enables to design, execute, optimize, and measure customer communications across the customer lifecycle) and Insight (Preference Management - enables organizations to design proactive customer communications strategies that optimize business results). It also provides multichannel communications (includes voice messaging, hosted dialer, interactive text messaging, email messaging), analytics reporting, web services API, and professional services. In May13, Genesys acquired the company to expand its offerings.
How many acquisitions has SoundBite made?
SoundBite has made 1 acquisition, including SmartReply.
Who are SoundBite's investors?
SoundBite has 4 investors. Key investors include Genesys, Commonwealth Capital Ventures, North Bridge Venture Partners, and Mosaic Ventures.
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