BroadSoft is a global provider of software and services that enable telecommunications service providers to deliver hosted, cloud-based Unified Communications to their enterprise customers. The Company's business solution is a communications and collaboration offering that enables telecommunications service providers to offer businesses and other enterprises UC features and functionalities on a cloud-delivered basis without the need for traditional premise-based private branch exchange equipment.

Type
Subsidiary
Parent Company
Cisco
HQ
Gaithersburg, US
Founded
1999
BroadSoft was founded in 1999 and is headquartered in Gaithersburg, US
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Key People/Management at BroadSoft

Michael Tessler

Michael Tessler

President and CEO
Scott Hoffpauir

Scott Hoffpauir

CTO
James Tholen

James Tholen

Chief Financial Officer
Craig Decker

Craig Decker

Vice President, Sales (EMEA)

BroadSoft Office Locations

BroadSoft has offices in Gaithersburg, Belfast, Chatswood, Richardson and in 17 other locations
Gaithersburg, US (HQ)
350 9737 Washingtonian Blvd
Boca Raton, US
140 6001 Broken Sound Pkwy NW
Cedar Rapids, US
202 308 3rd St SE
McLean, US
a120 7900 Westpark Dr
Phoenix, US
100 3033 N 44th St
Richardson, US
104 1301 E Arapaho Rd
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BroadSoft Financials and Metrics

Summary Metrics

In total, BroadSoft had raised $77.5 m. BroadSoft is a subsidiary of Cisco

BroadSoft Financials

BroadSoft's revenue was reported to be $340.96 m in FY, 2016 which is a 22.3% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

178.5 m216.9 m278.8 m341 m

Revenue growth, %

21%29%22%

Cost of goods sold

41.4 m57.7 m77.8 m91.2 m

Gross profit

137.1 m159.1 m201.1 m249.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Revenue

42.9 m43.9 m52.5 m54.6 m55.7 m64.5 m69.1 m

Cost of goods sold

15.8 m21.2 m22.6 m

Gross profit

39.9 m43.3 m46.5 m

Gross profit Margin, %

72%67%67%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

69.9 m101.5 m175.9 m83 m

Accounts Receivable

67.9 m

Current Assets

247.3 m279.2 m369.7 m358.7 m

PP&E

10.1 m14.4 m19.5 m22.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Cash

79.1 m80.7 m70.6 m83.5 m97 m78.7 m211.8 m

Current Assets

218.5 m269 m264.4 m285.8 m283.7 m273.8 m401.6 m

PP&E

9.1 m11.9 m15.6 m14.8 m15.9 m18.1 m18.2 m

Goodwill

59.5 m65.4 m65.8 m66.8 m66.8 m70.1 m69.7 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(8.9 m)1 m179 k816 k

Depreciation and Amortization

7.8 m12.4 m15.8 m18 m

Cash From Operating Activities

31.9 m54.8 m44.8 m67.1 m

Purchases of PP&E

(5.8 m)(10.5 m)(12.9 m)(15.7 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

(4.1 m)(7.5 m)1.7 m(2.3 m)(2 m)(10.1 m)(14.9 m)

Depreciation and Amortization

7.6 m11.8 m

Accounts Payable

22.4 m22.6 m24.5 m27.9 m29 m

Cash From Operating Activities

13.7 m18.2 m
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BroadSoft Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Billings

$240.65 m$55.58 m$71.05 m$90.97 m$288.44 m$64.81 m$78.87 m$109.12 m$339.10 m$72.82 m$85.70 m$89.60 m

Countries

80 80 80

Service Providers

700 700 700

Subscribers (UC)

10 m13 m13 m16 m16 m
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BroadSoft News and Updates

Cisco forks out $1.9 billion for BroadSoft

Cisco has confirmed it will write a cheque for $1.9 billion to acquire software company BroadSoft, as it continues its quest to transform into a software player.

Cisco to buy cloud communications provider BroadSoft for $1.9B

Cisco Systems Inc. has kicked off the week by announcing plans today to acquire BroadSoft Inc., a Gaithersburg, Maryland-based provider of business communications services, for a hefty $1.9 billion in cash. The price tag amounts to about $1.7 billion net of debt. BroadSoft shareholders stand to rece…
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