About Versature
Versature is a company based in Ottawa (Canada) founded in 2003 was acquired by Net2phone in September 2018. Versature has raised $675 thousand across 2 funding rounds from investors including Royal Bank of Canada, BDC and Net2phone. Versature has completed 1 acquisition, including OCTOPUS IP. Versature offers products and services including SONAR and uContact. Versature operates in a competitive market with competitors including 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.
- Total Equity Funding$675K (USD)
in 2 rounds
- Latest Funding Round$1.15M (USD), Debt – Conventional
May 2016
- InvestorsRoyal Bank of Canada
& 2 more
- Investments & Acquisitions
- Acquired byNet2phone
(Sep 2018)
Products & Services of Versature
Versature offers a comprehensive portfolio of products and services, including SONAR and uContact.
Platform for integrated voice, messaging, and video tools.
Omnichannel solution for customer interactions and workflows.
Apps and channels of Versature
its YouTube channel net2phone SONAR has 155 subscribers and 30 videos.
Videos from Versature
The most watched videos on Versature's YouTube channel, net2phone SONAR (155 subscribers). Click a video to play it here.
More on net2phone SONAR.
Funding Insights of Versature
Versature has successfully raised a total of $675K across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.15 million completed in May 2016. 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 $675,000
- Total Rounds 2
- Last Round Debt – Conventional — $1.15M
- First Round $675,000
(Mar 2015)
- Investors Count 2
All 2 funding rounds of Versature 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 2016 | $1.15M | Debt – Conventional | – | – | |
| Mar 2015 | $675,000 | Angel Round | – | – | – |
3 investors in total: 3 institutional.
Investors in Versature
Versature has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Royal Bank of Canada, BDC and Net2phone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Comprehensive banking and financial services are provided globally. | 1864 | rbc.com | Toronto, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Cloud-based telephony and SIP trunking services are offered to businesses. | 1996 | net2phone.com | Newark, United States |
Investor details for Versature
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Investments & Acquisitions by Versature
Versature has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OCTOPUS IP.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
VoIP services are provided by OCTOPUS IP from Ottawa, Canada. | octopusip.com | Ottawa, Canada | 2007 | Nov 2010 | •••• |
Complete acquisition details for Versature
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Timeline of Versature
5 dated milestones of Versature across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Versature is founded.
- Acquisition Acquires OCTOPUS IP.
- Funding First funding round of $675K.
- Funding Latest funding round, Debt – Conventional, of $1.1M.
- Exit Acquired by Net2phone.
Competitors of Versature
Versature 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 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| vonage.com | 2001 | Holmdel, United States | $642.33M | 1,089 | Provider of contact center business communication solutions | |
| bluecatnetworks.com | 2001 | Toronto, Canada | $27.8M | – | Cloud-based DNS, DHCP appliances, and security solutions are provided. | |
| viatel.com | 1991 | Dublin, Ireland | – | – | Connectivity, voice, and data center solutions are provided by Viatel. | |
| arkadin.com | 2001 | Paris, France | $20.77M | – | Global audio, web, and video conferencing solutions are provided. | |
| aureon.com | 1988 | West Des Moines, United States | $50.83M | 13,822 | Business telecom and contact center services are provided to enterprises. | |
| dialog.lk | 1993 | Colombo, Sri Lanka | – | – | Telecommunication services are delivered across Sri Lanka by Dialog Axiata. | |
| nfon.com | 2009 | Munich, Germany | $5.3M | 471 | Cloud telephony systems are provided across Europe for businesses. | |
| daisygroup.com | 2001 | Nelson, United Kingdom | $60.9M | 1,862 | End-to-end telecom solutions are delivered to UK SMEs. | |
| panterranetworks.com | 2001 | Santa Clara, United States | $13.02M | 50 | Business cloud based unified communications and contact center solutions provider |
Detailed competitors of Versature
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Versature
The website of Versature (versature.com) receives about 37.1K visits a month and ranks #767,455 among all websites worldwide, #4,040 in Telecommunications.
- Monthly visits37.1K
▲ 19% vs previous month
- Unique visitors6.1K
per month
- Global rank#767,455
among all websites
- Category rank#4,040
Computers Electronics and Technology · Telecommunications
- Bounce rate21%
- Pages per visit4.4
- Average visit4 min 31 sec
- DevicesDesktop 73% · Mobile 27%
Websites whose visitors overlap most with Versature. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| broadconnect.ca | 100% | – | – | View details | |
| comwave.net | 83% | 92.1K | #227,955 | View details | |
| alcatel-lucent.com | 82% | 44.3K | #657,260 | View details | |
| net2phone.com | 77% | 161.6K | #223,034 | View details | |
| primus.ca | 77% | 172.8K | #159,472 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Versature
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
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Latest news on Versature
Complete news archive for Versature
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Versature
10 companies that operate in the same segment as Versature (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | – | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Frequently Asked Questions about Versature
Versature was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Versature is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Versature is a funded company, having raised a total of $675K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $675K, raised on Mar 2015.
Versature was founded in 2003 and is headquartered in Ottawa, Canada. Cloud-based telephony solutions are provided by the company to small and medium-sized enterprises across Canada. Services encompass hosted PBX phone systems and various VoIP products. Recognition has been received in Branham Groups Top 25 Up and Comers list for leading Canadian technology firms.
Versature offers SONAR and uContact.
Versature has made 1 acquisition, including OCTOPUS IP.
Versature has 3 investors. Key investors include Royal Bank of Canada, BDC, and Net2phone.
Yes. Versature was acquired by Net2phone in September 2018.