 | |
| Company type | Public |
|---|---|
| Nasdaq: BAND Russell 2000 Index company | |
| Founded | 1999 |
| Headquarters | Raleigh, North Carolina, US |
Key people | David Morken (CEO) |
| Products |
|
Number of employees | 700+ [1] |
| Website | www |
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces (or APIs) for voice, text messaging and emergency services, using its own global IP voice network.
Bandwidth was formed in 1999 by David Morken who was later joined by Henry Kaestner as co-founder in 2001, merging Bandwidth International into Bandwidth.com. [2]
In Aug. 2023, Bandwidth moved to a new, purpose-built 40-acre headquarters campus at 2230 Bandmate Way in Raleigh, where the company maintains a workforce of about 1,000 employees as of Aug. 2023. [3]
On November 10, 2017, the company had an initial public offering on the NASDAQ which raised $80 million in capital by selling 4 million $20 shares. [4] [5]
On January 11, Bandwidth terminated its incentive agreement with the state of North Carolina, which required creating over 1,100 local jobs, citing the need for more hiring flexibility outside of Raleigh. [6]
On October 12, 2020, Bandwidth announced it had signed a definitive agreement to acquire Voxbone for an enterprise value of €446 million EUR. [7] [8]
In August 2020, Bandwidth announced it had partnered with NC State University for a study that which ran from February 2019 to January 2020 to study fraudulent traffic patterns associated with robocalling. [9]
Cisco Systems, Inc.,, is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Cisco specializes in specific tech markets, such as the Internet of things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, Duo Security, and Jasper. Cisco is one of the largest technology companies in the world, ranking 82nd on the Fortune 100 with over $51 billion in revenue and nearly 83,300 employees.
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Dialogic Group, Inc., formerly Dialogic Corporation, was an American multinational technology company headquartered in Parsippany, New Jersey, United States. Prior to its acquisition by Enghouse Systems of Ontario in 2020, it had operations operations in over 25 countries. Dialogic provided a cloud-optimized communications technology for real-time communications media, applications, and infrastructure to service providers, enterprises, and developers.
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