Vordel

Dublin, Ireland Founded: 1999 • Age: 27 yrs Minicorn Acquired By Axway
Cloud-based API security and management solutions are provided for enterprises.

About Vordel

Vordel is a Technology company based in Dublin (Ireland) founded in 1999, and was acquired by Axway in November 2012. Cloud-based API security and management solutions are provided for enterprises. Vordel has raised $12 million across 3 funding rounds from investors including Oracle, Goldman Sachs and Intel. The company has 72 employees. Vordel was last valued at $3.37 million in June 2007. Its chief executive, as recorded, is Patrick Donovan. Its focus areas include Enterprise Infrastructure, Cybersecurity, Application Security and API Security. Its legal entity is Axway Ireland Limited.

Company details

Vordel was founded in 1999 in Dublin, Ireland, as a provider of cloud-based API management solutions. Secure connectivity is enabled through an API gateway across enterprise applications, SOA services, cloud-based assets, and other IT resources. Applications are deployed beyond network perimeters while control and security are maintained. Revenue generation, customer interactions, and cost reductions are supported via Web APIs and cloud computing in the technology sector.

  • Headquarters Dublin, Ireland
  • Employees 72
  • Stage Acquired
  • Sectors
    Technology
  • Website vordel.com
  • Social LinkedIn X
  • Acquired by Axway (Nov 2012)
  • Legal Name Axway Ireland Limited
Key Metrics
  • Annual Revenue
    $19.03 M (USD)
    6
    as on Dec 31, 2018
  • Net Profit
    -$1.77 M (USD)
    -140
    as on Dec 31, 2018
  • Total Equity Funding
    $12M (USD)

    in 3 rounds

  • Latest Funding Round
    $2M (USD), Series A

    Jun 2007

  • Investors
    Oracle

    & 10 more

  • Employee Count
    72
  • Acquired by
    Axway

    (Nov 2012)

Funding Insights of Vordel

Vordel has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in June 2007. 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 $12M
  • Total Rounds 3
  • Last Round Series A β€” $2M
  • Investors Count 10

All 3 funding rounds of Vordel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2007$2MSeries A$3.37MHatton Capital
Jan 2002$10MSeries A–Elderstreet Investments
Sep 2001Series A–Goldman Sachs
Valuation history
DateValuationStage
Jun 2007$3.37Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.37M (Jun 2007). 11 investors in total: 10 institutional and 1 angel.

Investors in Vordel

Vordel has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Oracle, Goldman Sachs and Intel.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
hattoncapital.co.th
UK tech companies are invested in by Elderstreet.
1990elderstreet.comLondon, United Kingdom
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Early stage VC firm investing in the US
onset.comMenlo Park, United States
Semiconductor ICs and microprocessors are designed and manufactured.
1968intel.comSanta Clara, United States
Diverse financial services and online banking are provided to clients.
1852wellsfargo.comSan Francisco, United States
Enterprise software solutions for productivity and security are delivered.
1979novell.comWaltham, United States
Hybrid cloud infrastructure solutions are delivered for business management.
1977oracle.comAustin, United States

Vic Morris

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Investor details for Vordel

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People of Vordel

7 people are tracked at Vordel (7 in leadership); the tracked headcount is 72.

NameRoleGroup
Sean Maccann
Leadership
Mark O Neill
Leadership
Derek O Carroll
Leadership
David Ryan
Leadership
Patrick Donovan
CEOLeadership
Sebastien Guiraud
Leadership
Vic Morris
CEOLeadership
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Timeline of Vordel

5 dated milestones of Vordel across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vordel is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $2.0M.
  4. Milestone Reaches Minicorn status.
  5. Exit Acquired by Axway.

Web traffic of Vordel

Websites that share an audience with Vordel (vordel.com).

Similar websites

Websites whose visitors overlap most with Vordel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
axway.com
100%
157.7K#218,412View details
cloud.dzone.com
cloud.dzone.com
97%
–
sdtimes.com
sdtimes.com
97%
#616,239–
sync.ro
sync.ro
93%
#2,578,004–
elcel.com
elcel.com
93%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 27 similar websites and full traffic analytics for Vordel

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  • 27 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Vordel

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Frequently Asked Questions about Vordel

Vordel was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Vordel is headquartered in Dublin, Ireland.

Patrick Donovan is the CEO of Vordel, as recorded in our data.

Vordel is a funded company, having raised a total of $12M across 3 funding rounds to date.

Vordel has 72 employees.

Annual revenue of Vordel is $19.03M as on Dec 31, 2018.

Vordel was founded in 1999 in Dublin, Ireland, as a provider of cloud-based API management solutions. Secure connectivity is enabled through an API gateway across enterprise applications, SOA services, cloud-based assets, and other IT resources. Applications are deployed beyond network perimeters while control and security are maintained. Revenue generation, customer interactions, and cost reductions are supported via Web APIs and cloud computing in the technology sector.

Vordel has 11 investors. Key investors include Oracle, Goldman Sachs, Intel, Accel, and Wells Fargo.

The valuation of Vordel is $3.37M as of Jun 2007.

Vordel operates through Axway Ireland Limited.

Yes. Vordel was acquired by Axway in November 2012.

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