Convergin

Service Capability Interaction Management Telco Network Solutions

Business Software
Acquired (Inactive) by Oracle on Feb 2010 - closed due to acquisition
Acquired Herzliya Founded 2000
LinkedIn
Total raised
$13.3M
Last: Series B 2008-11
Stage
Acquired
Founded
2000
Headcount
31
HQ
Herzliya
Sector
Business Software

About

Convergin assists carriers realize true Fixed Mobile Convergence (FMC) and accelerate their networks evolution to IMS. By utilizing Convergin's Wireless Convergence Server, service providers accelerate their evolution towards IMS while enabling seamless orchestration of mobile, legacy and next generation core network elements. Since 2001, Convergin has deployed its solutions in wireless and wireline service providers worldwide, enabling a wide range of protocols in the core of the network and allowing service providers to expand their capabilities to new domains. Oracle has acquired Convergin in 2010. Adding Convergin products to Oracle Communications portfolio is expected to enable customers with next-generation solutions to address network migration to an all IP core, significantly reducing integration and hardware costs. This combination is expected to accelerate deployment of next-generation pre-paid and value-added services in the communications industry.

Funding history · 1 round · $13.3M total

2008-11
Series B $10.0M

Company Intelligence Q&A

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What is Convergin's primary business focus?
Convergin specializes in Service Capability Interaction Management Telco Network Solutions, assisting carriers with Fixed Mobile Convergence (FMC) and accelerating network evolution to IMS.
When was Convergin founded?
Convergin was founded in January 2000.
Where is Convergin's headquarters located?
Convergin's headquarters is located in Herzliya, Israel.
What was Convergin's status as of February 2010?
Convergin became inactive in February 2010 due to its acquisition by Oracle.
How much funding did Convergin raise in total?
Convergin raised a total of $13.3 million USD in funding.
When did Convergin complete its Series B funding round and who was a lead investor?
In November 2008, Convergin completed a Series B funding round of $10 million USD, with Pitango VC as an investor.
When was Convergin acquired and by which company?
Convergin was acquired by Oracle in February 2010 for $70 million USD.
What was the employee count for Convergin?
Convergin had 31 employees.
Who is a known founder of Convergin?
Ayal Itzkovitz is a known founder of Convergin.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsIT & Network ManagementProduct Development Tools
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B

Tags

telecommunicationwireless-communicationmobile-networksnetwork-management