About Tribold
Tribold is a Telecommunications company based in London (United Kingdom) founded in 2003, and was acquired by Sigma Systems in July 2013. Enterprise product management software is provided for communication service providers. Tribold has raised $28.12 million across 3 funding rounds from investors including Sigma Systems, Draper Esprit and Intel Capital. The company has 28 employees. The company was acqui-hired. Its focus areas include Telecom, OSS & BSS and Business Support System (BSS). Its legal entity is HANSEN TECHNOLOGIES CDE LIMITED.
Company details
Tribold was founded in 2003 and is headquartered in London, United Kingdom. Operations are conducted in the telecommunications sector, where enterprise product management software is developed for communication service providers. The offerings include TRIBOLD 3.0, an integrated suite of applications that enables centralized product catalogs. Additional offices are located in Seattle, Washington; Denver, Colorado; Atlanta, Georgia; and Melbourne, Australia.
- Headquarters London, United Kingdom
- Employees 28
- Stage Acquired
- SectorsTelecommunications
- Website ww25.tribold.com
- Social LinkedIn X
- Acquired by Sigma Systems (Jul 2013)
- Legal Name Hansen Technologies Cde Limited
- Date of Incorporation 24 Oct, 2003
- Jurisdiction LONDON, ENGLAND
- Annual Revenue$24.18 M (USD)37as on Jun 30, 2021
- Net Profit$10.23 M (USD)3203as on Jun 30, 2021
- Total Equity Funding$28.12M (USD)
in 3 rounds
- Latest Funding Round$11M (USD), Series C
Jan 2009
- InvestorsSigma Systems
& 3 more
- Employee Count28
- Acquired bySigma Systems
(Jul 2013)
Funding Insights of Tribold
Tribold has successfully raised a total of $28.12M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $11 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 $28.12M
- Total Rounds 3
- Last Round Series C — $11M
- First Round $2.12M
(Jul 2005)
- Investors Count 3
All 3 funding rounds of Tribold 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 | $11M | Series C | – | – | |
| Mar 2007 | $15M | Series B | – | – | |
| Jul 2005 | $2.12M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Tribold
Tribold has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Sigma Systems, Draper Esprit and Intel Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Seed and early-stage investments are made in European tech startups. | edenventures.co.uk | London, United Kingdom | ||
Stage agnostic VC firm investing globally | 2004 | draperesprit.com | London, United Kingdom | |
Product, order management, and network provisioning solutions are provided. | 1996 | sigma-systems.com | Toronto, Canada |
Investor details for Tribold
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Timeline of Tribold
4 dated milestones of Tribold across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Tribold is founded.
- Funding First funding round of $2.1M.
- Funding Latest funding round, Series C, of $11.0M.
- Exit Acquired by Sigma Systems.
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Frequently Asked Questions about Tribold
Tribold was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Tribold is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Tribold is a funded company, having raised a total of $28.12M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.12M, raised on Jul 2005.
Tribold has 28 employees.
Annual revenue of Tribold is $24.18M as on Jun 30, 2021.
Tribold was founded in 2003 and is headquartered in London, United Kingdom. Operations are conducted in the telecommunications sector, where enterprise product management software is developed for communication service providers. The offerings include TRIBOLD 3.0, an integrated suite of applications that enables centralized product catalogs. Additional offices are located in Seattle, Washington; Denver, Colorado; Atlanta, Georgia; and Melbourne, Australia.
Tribold has 4 investors. Key investors include Sigma Systems, Draper Esprit, Intel Capital, and Eden Ventures.
Tribold operates through Hansen Technologies Cde Limited.
Yes. Tribold was acquired by Sigma Systems in July 2013.