Sinch Sinch (formerly known as CLX Communications) is a provider of cloud, voice, and video communications services and software solutions. | Cloudinary Cloudinary is a company that develops a cloud-based image and video technology platform that stores, transforms, optimizes, and delivers media assets. | Ribbon Ribbon Communications (formerly known as Sonus Networks) is a company providing communications software and network solutions to service providers, enterprises, and critical infrastructure sectors. | ||||||
Founding Date | Founding Date 2001 | Founding Date 2008 | Founding Date 1986 | Founding Date 2012 | Founding Date 1999 | Founding Date 1996 | Founding Date 2017 | Founding Date 1996 |
Type | Type Subsidiary | Type Public | Type Public | Type Private | Type Subsidiary | Type Public | Type Public | Type Public |
Tags | ||||||||
Locations | Locations Holmdel, US HQ Amsterdam, NL London, GB | Locations Stockholm, SE HQ Sydney, AU Antwerpen, BE Campinas, BR São Paulo, BR São Paulo, BR Montreal, CA see more | Locations Ra'anana, IL HQ Melbourne, AU Sydney, AU São Paulo, BR Beijing, CN Shanghai, CN Ostrava, CZ see more | Locations Santa Clara, US HQ Petah Tikva, IL Kraków, PL Singapore, SG London, GB | Locations Seattle, US HQ Sydney, AU Pune, IN Greater London, GB Southfield, US | Locations Morrisville, US HQ Sydney, AU São Paulo, BR York, CA Beijing, CN Hangzhou, CN Shanghai, CN see more | Locations Plano, US HQ Middle Cove, AU Barueri, BR Montréal, CA Ottawa, CA Hangzhou Shi, CN Shanghai, CN see more | |
Employees | Employees 2,820 | Employees 3,585 | Employees 8,384 | Employees 4251% decrease | Employees 16327% decrease | Employees 2,6567% decrease | Employees 3,1078% decrease | Employees 1,9481% increase |
Valuation ($) | Valuation ($) N/A | Valuation ($) 2.5 b | Valuation ($) 11.3 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 1.9 b | Valuation ($) 640.2 m | Valuation ($) 269.5 m |
Financial | ||||||||
Revenue (est.) | Revenue (est.) kr14.4b (FY, 2022) | Revenue (est.) kr28.7b (FY, 2023) | Revenue (est.) $2.4b (FY, 2023) | Revenue (est.) $86.7m (Y, 2021) | Revenue (est.) N/A | Revenue (est.) $1.1b (FY, 2024) | Revenue (est.) $826.3m (FY, 2023) | Revenue (est.) $728.7m (FY, 2024) |
Cost of goods | Cost of goods N/A | Cost of goods kr19.2b (FY, 2023) | Cost of goods $600.8m (FY, 2023) | Cost of goods N/A | Cost of goods N/A | Cost of goods $486.4m (FY, 2024) | Cost of goods $418.3m (FY, 2023) | Cost of goods $224.9m (FY, 2024) |
Gross profit | Gross profit N/A | Gross profit kr9.6b (FY, 2023) | Gross profit $1.8b (FY, 2023) | Gross profit N/A | Gross profit N/A | Gross profit $630.8m (FY, 2024) | Gross profit $408.1m (FY, 2023) | Gross profit $503.8m (FY, 2024) |
Net income | Net income N/A | Net income kr42m (FY, 2023) | Net income $338.3m (FY, 2023) | Net income N/A | Net income N/A | Net income ($86m) (FY, 2024) | Net income ($66.2m) (FY, 2023) | Net income ($67.6m) (FY, 2024) |
Operating ⚠ | ||||||||
Backlog | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A | Backlog $513m (FY, 2023) | Backlog $323m (FY, 2019) | Backlog N/A |
Countries | Countries N/A | Countries N/A | Countries 150 (FY, 2021) | Countries N/A | Countries N/A | Countries 28 (FY, 2023) | Countries N/A | Countries 180 (Q1, 2024) |
Customers | Customers N/A | Customers 150 k (FY, 2023) | Customers N/A | Customers 1.5 m (Jul, 2023) | Customers N/A | Customers 50 k (Q1, 2024) | Customers 1 k (FY, 2019) | Customers 60 k (FY, 2023) |
Enterprise Customers | Enterprise Customers 100 k (Oct, 2023) | Enterprise Customers N/A | Enterprise Customers 25 k (FY, 2021) | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A |
Patent Applications | Patent Applications N/A | Patent Applications N/A | Patent Applications 163 (FY, 2021) | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications 125 (FY, 2023) |
Patents (Foreign) | Patents (Foreign) N/A | Patents (Foreign) N/A | Patents (Foreign) 43 (FY, 2021) | Patents (Foreign) N/A | Patents (Foreign) N/A | Patents (Foreign) 472 (FY, 2022) | Patents (Foreign) 314 (FY, 2020) | Patents (Foreign) N/A |
Patents (US) | Patents (US) N/A | Patents (US) N/A | Patents (US) 414 (FY, 2021) | Patents (US) N/A | Patents (US) N/A | Patents (US) 744 (FY, 2022) | Patents (US) 639 (FY, 2020) | Patents (US) N/A |
Remaining Performance Obligations | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations $1.8m (FY, 2021) | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations $525.4m (Q1, 2024) | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A |
Trademarks (Foreign) | Trademarks (Foreign) N/A | Trademarks (Foreign) N/A | Trademarks (Foreign) N/A | Trademarks (Foreign) N/A | Trademarks (Foreign) N/A | Trademarks (Foreign) 217 (FY, 2022) | Trademarks (Foreign) 99 (FY, 2020) | Trademarks (Foreign) N/A |
Trademarks (US) | Trademarks (US) 2 (Oct, 2023) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 6 (Jul, 2020) | Trademarks (US) 24 (FY, 2022) | Trademarks (US) 34 (FY, 2020) | Trademarks (US) N/A |
Funding | ||||||||
Total funding raised | Total funding raised $ 562.2m | Total funding raised $ 1.5b | Total funding raised $ 52.8m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 17.3m | Total funding raised N/A | Total funding raised $ 126m |