# BroadSoft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/broadsoft

- Industry: Telecoms
- Headquarters: Gaithersburg, US
- Website: www.broadsoft.com
- Total disclosed funding: $43M
- Latest round: Series D (Jul 9, 2007)
- Investors on record: 8

## About

BroadSoft, Inc. is a technology company specializing in cloud-based communication solutions that enhance collaboration across businesses. It provides a suite of tools designed for seamless voice, video, and data integration to support modern workplace needs.BroadSoft, Inc. is a provider of cloud communication solutions founded in 1999 in Gaithersburg, US. The company successfully transitioned to an IPO on June 16, 2010, raising USD 67.5 mn by selling 7.5 million shares at USD 9 each. It has completed a total of 14 deals since inception, although no details about subsidiaries or parent companies are available. The founder's specific history and previous ventures are not documented in the provided information.BroadSoft, Inc. focuses on delivering cloud-based solutions designed to improve business communication and collaboration. Their offerings include integrated voice, video, and data applications that cater to remote work, customer service, and unified communication, supporting varied clients across North America, Europe, and Asia-Pacific.In 2016, BroadSoft, Inc. reported a revenue of USD 340.96 mn and an EBITDA of USD 36.90 mn, indicating the company's financial performance during that year.Following its IPO in June 2010, BroadSoft plans to utilize the raised funds to further develop its product offerings and expand into new geographic areas. Specific details regarding new products or timelines for their release are not mentioned. The company aims to enhance its presence in both existing and emerging markets, leveraging its funding for strategic growth initiatives.

## Funding rounds

- Series D, Jul 9, 2007, $10M — Meritech Capital Partners
- Series C, Sep 9, 2002, $13M — Grotech Ventures, RRE Ventures
- Series C, Jan 30, 2002, $20M — CRV, Columbia Capital, Crescendo Ventures, Bessemer Venture Partners, Tekelec Global, Inc.
- Series A, Apr 1, 1999 — CRV, Columbia Capital, Bessemer Venture Partners

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series A, Series C
- Columbia Capital (https://capitalatlas.ai/funds/columbia-capital) — Series A, Series C
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series C
- Crescendo Ventures (https://capitalatlas.ai/funds/crescendo-ventures) — Series C
- Tekelec Global, Inc. — Series C
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series C
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series C
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series D