# Kaloom

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

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.kaloom.com
- Total disclosed funding: $31M
- Latest round: Series A (Nov 15, 2018)
- Investors on record: 5

## About

Kaloom Inc. is a technology company that specializes in network virtualization and edge computing solutions, enabling efficient data management and communication for modern digital infrastructures.Founded in 2014 and headquartered in Montreal, Canada, Kaloom Inc. focuses on delivering innovative solutions in network virtualization. In May 2021, Alternative Capital Group acquired a majority stake in the company for USD 32.5 mn, which has been instrumental in accelerating the deployment of its Unified Edge Solution.Kaloom Inc. offers advanced network virtualization solutions aimed at streamlining data management across digital infrastructures. The company's core products include the Unified Edge Solution, which comprises Cloud Edge Fabric, 5G User Plane Function (UPF), and network slicing capabilities, designed to enhance operational efficiency and user experience.Kaloom Inc. generates revenue through its technology solutions that facilitate network virtualization and edge computing. The company operates on a business-to-business model, providing services to telecommunications and technology firms looking to optimize their networks and service delivery.Kaloom Inc. plans to leverage the recent acquisition to enhance its development and market penetration of its Unified Edge Solution. The company aims to expand its product offerings and increase market adoption through the introduction of new features in 2022. Additionally, Kaloom is targeting further expansion into North American and European markets by the end of 2023, utilizing the USD 32.5 mn raised to support these initiatives.

## Funding rounds

- Series A, Nov 15, 2018, $10M — Fonds de Solidarité des Travailleurs du Québec, Somel Investments, MBUZZ Investments
- Series A, Mar 24, 2017, $11M — Griffin Partners, Somel Investments, Fonds de solidarité FTQ Investissements, MBUZZ Investments
- Series A, Dec 1, 2016, $11M — Griffin Partners, Somel Investments, Fonds de solidarité FTQ Investissements, MBUZZ Investments

## Investors

- Griffin Partners — Series A
- Somel Investments (https://capitalatlas.ai/funds/somel-investments) — Series A
- Fonds de solidarité FTQ Investissements — Series A
- MBUZZ Investments (https://capitalatlas.ai/funds/mbuzz-investments) — Series A
- Fonds de Solidarité des Travailleurs du Québec — Series A