 | |
| 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]
Bandwidth has been noted for its unusual approach of incorporating Christian religion in business, including starting meetings with Christian prayers. [7]
On October 12, 2020, Bandwidth announced it had signed a definitive agreement to acquire Voxbone for an enterprise value of €446 million EUR. [8] [9]
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. [10]
Mitel Networks Corporation is a Canadian telecommunications company. The company previously produced TDM PBX systems and applications, but after a change in ownership in 2001, now focuses almost entirely on Voice-over-IP (VoIP), unified communications, collaboration and contact center products. Mitel is headquartered in Ottawa, Ontario, Canada, with offices, partners and resellers worldwide.
The North Carolina School of Science and Mathematics (NCSSM) is a two-year, public residential high school with two physical campuses located in Durham, North Carolina and Morganton, North Carolina that focuses on the intensive study of science, mathematics and technology. It accepts rising juniors from across North Carolina and enrolls them through senior year. Although NCSSM is a public school, enrollment is extremely selective, and applicants undergo a competitive review process for admission. NCSSM is a founding member of the National Consortium of Secondary Stem Schools (NCSSS) and a constituent institution of the University of North Carolina system.
Pendrell Corporation is an intellectual property (IP) investment, advisory services and asset management firm. The company develops and implements strategies to acquire, commercialize, manage, divest and license IP. The company, formerly ICO Global Communications, is based in Kirkland, Washington.
Wolfspeed, Inc. is an American developer and manufacturer of wide-bandgap semiconductors, focused on silicon carbide and gallium nitride materials and devices for power and radio frequency applications such as transportation, power supplies, power inverters, and wireless systems. The company was formerly named Cree, Inc.
WLFL is a television station licensed to Raleigh, North Carolina, United States, serving the Research Triangle area as an affiliate of The CW. It is owned by Sinclair Broadcast Group alongside Durham-licensed MyNetworkTV affiliate WRDC. The two stations share studios in the Highwoods Office Park, just outside downtown Raleigh; WLFL's transmitter is located in Auburn, North Carolina.
WRAY-TV is a religious television station licensed to Wake Forest, North Carolina, United States, serving the Research Triangle region as an owned-and-operated station of Tri-State Christian Television (TCT). The station's transmitter is located on Terrells Mountain near Chapel Hill. WRAY-TV maintained studios on Expressway Drive in Wilson until TCT ended local operations in June 2018.
Mission Broadcasting, Inc. is a television station group that owns 29 full-power television stations in 26 markets in the United States. The group's chair is Nancie Smith, the widow of David S. Smith, who founded the company in 1996 and died in 2011. All but one of Mission's stations are located in markets where Nexstar Media Group also owns a station, and all of Mission's stations are managed by Nexstar through shared services and local marketing agreements—effectively creating duopolies between the top two stations in a market or in markets with too few stations or unique station owners to legally allow duopolies. The company moved its headquarters from Westlake, Ohio, to Wichita Falls, Texas, in 2018. The company's stations are based in markets as large as New York City and as small as Grand Junction, Colorado.
Frontier Communications Parent, Inc. is an American telecommunications company. Known as Citizens Utilities Company until 2000, Citizens Communications Company until 2008, and Frontier Communications Corporation until 2020, as a communications provider with a fiber-optic network and cloud-based services, Frontier offers broadband internet, digital television, and computer technical support to residential and business customers in 25 states. In some areas it also offers home phone services.
Windstream Holdings, Inc., also doing business as Windstream Communications or Windstream, is a provider of voice and data network communications, and managed services, to businesses in the United States. The company also offers residential broadband, phone and digital streaming TV services to consumers within its coverage area. It is the ninth largest residential telephone provider in the country with service covering more than 8.1 million people in 21 states.
WFPX-TV is a television station licensed to Archer Lodge, North Carolina, United States, broadcasting the digital multicast network Scripps News to the Research Triangle region. It is owned and operated by the Ion Media subsidiary of the E. W. Scripps Company alongside Rocky Mount–licensed Ion Television outlet WRPX-TV. WFPX-TV and WRPX-TV share a sales office on Gresham Lake Road in Raleigh; through a channel sharing agreement, the two stations transmit using WRPX-TV's spectrum from a tower northeast of Middlesex, North Carolina.
Advance Auto Parts, Inc. is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves both professional installer and do it yourself (DIY) customers. As of December 2023, Advance operated 4,935 stores and 321 Worldpac branches in the United States and Canada. The company also serves 1,245 independently owned Carquest-branded stores in the U.S., Mexico, The Cayman Islands, Turks and Caicos, and British Virgin Islands.
Inteliquent is a communications enabler offering network-based voice and messaging services to wireless, cable, carriers and communication service providers. The products of Inteliquent include voice, toll-free, messaging, and emergency services.
Virata Corporation is an inactive acquired company that was a major contributor to the "Cambridge Phenomenon" or Silicon Fen high-tech cluster in the United Kingdom. Case studies and research papers have been created to illustrate the role of social networking in the creation of Virata's success. There is also research available on the role the company played in Silicon Valley venture networks.
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 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.
Joshua Harold Stein is an American lawyer and politician serving as the 51st attorney general of North Carolina since 2017. A member of the Democratic Party, Stein previously served in the North Carolina Senate from 2009 to 2016. He is also the Democratic nominee in the 2024 North Carolina gubernatorial election.
Lumos is a telecommunications provider, based in Waynesboro, Virginia; and High Point, North Carolina, United States, offering residential and business optical fiber internet services, VOIP telephone, web hosting, and digital television. The company announced a merger with North State Communications effective August 15, 2022.
Sinch AB, formerly CLX Communications, is a communications platform as a service (CPaaS) company which powers messaging, voice, and email communications between businesses and their customers. Headquartered in Stockholm, Sweden, the company employs over 4000 people in more than 60 countries.
Waste Industries is a waste management company headquartered in Raleigh, North Carolina. Specialising in non-hazardous solid waste, recycling collection of waste disposal from residential and commercial customers in the southeastern United States.
Arrival was a British electric vehicle manufacturer headquartered in Howald, Luxembourg that produced primarily lightweight commercial vehicles. Research and development took place at a facility in Banbury, Oxfordshire.
Ribbon Communications Inc. is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in Plano, Texas.