OpenCloud
Financials
Estimates*
EUR | 2015 | 2016 |
---|---|---|
Revenues | - | <1m |
Profit | (<1m) | <1m |
% profit margin | - | 100 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$10.3m | Series A | ||
$10.0m | Series B | ||
£5.0m | Early VC | ||
£4.5m | Debt | ||
N/A | Acquisition | ||
Total Funding | €24.5m |
Recent News about OpenCloud
EditMetaswitch, a Microsoft company, is a leading developer of cloud-native communications software designed to run on customer premises or in private, public, and hybrid clouds. The company serves over 750 fixed, mobile, and converged service providers globally, offering solutions that support the deployment of 5G and network convergence. Metaswitch's products are integral to the service platforms of today and tomorrow, addressing the need for speed in deploying 5G technology and enhancing bandwidth capacity. The business model revolves around providing software solutions that enable telecom operators to modernize their networks, thereby generating revenue through software licensing and support services. Metaswitch is also actively involved in industry initiatives like the Telecom Infra Project's Disaggregated Open Routers group, further solidifying its position in the market.
Keywords: cloud-native, communications software, 5G, network convergence, telecom, service providers, Microsoft, hybrid clouds, bandwidth, Telecom Infra Project.