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

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
Phoenix, US
100 3033 N 44th St
Richardson, US
104 1301 E Arapaho Rd
Spring, US
200 460 Wildwood Forest Dr
Chatswood, AU
5 845 Pacific Hwy
Montréal, CA
400 555 Boulevard Dr Frederik Philips
Show all (21)

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 $341 m in FY, 2016 which is a 22% increase from the previous period.
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
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%
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
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
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

Accounts Receivable

(16 m)(15 m)(24 m)(12.5 m)

Cash From Operating Activities

31.9 m54.8 m44.8 m67.1 m
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 Receivable

(7.3 m)(18 m)

Accounts Payable

22.4 m22.6 m24.5 m27.9 m29 m
Show all financial metrics

BroadSoft Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q4, 2016FY, 2016Q1, 2017Q2, 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$339.1 m$72.82 m$85.7 m

Subscribers (UC)

10 m13 m13 m16 m

Countries

808080

Service Providers

700700700
Show all operating metrics

BroadSoft Revenue Breakdown

BroadSoft Median Salaries

Source: 35 public H-1B filings from BroadSoft

BroadSoft's Web-traffic and Trends

BroadSoft Online and Social Media Presence

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…

BroadSoft Company Life and Culture

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