Formula Telecom Solutions Overview
- Year Founded
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1997
- Status
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Acquired/Merged
- Employees
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377
- Latest Deal Type
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M&A
- Financing Rounds
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5
- Investments
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1
Formula Telecom Solutions General Information
Description
Developer of telecom billing and payment software intended for service providers worldwide. The company's software offers flexible billing, charging, customer care, and partner management capabilities, integrating policy control and payment processing functionalities, enabling service providers across mobile, wireline, broadband, IoT, and cloud industries to efficiently handle multi-play transactions, optimize revenue streams, and enhance customer experience through adaptable and scalable solutions.
Contact Information
Website
www.fts-soft.com(Operating Subsidiary)
Corporate Office
- 1 Yehadut Canada Street
- Or Yehuda 6037501
- Israel
Corporate Office
- 1 Yehadut Canada Street
- Or Yehuda 6037501
- Israel
Formula Telecom Solutions Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Formula Telecom Solutions Comparisons
Industry
Financing
Details
Formula Telecom Solutions Competitors (16)
One of Formula Telecom Solutions’s 16 competitors is Stripe, a Venture Capital-Backed company based in South San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Stripe | Venture Capital-Backed | South San Francisco, CA | ||||
| Fiserv | Formerly VC-backed | Milwaukee, WI | ||||
| OneBill | Corporation | Santa Clara, CA | ||||
| Infor Global Solutions | Private Equity-Backed | Atlanta, GA | ||||
| Magnaquest Technologies | Corporation | Hyderabad, India |
Formula Telecom Solutions Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Formula Telecom Solutions Patents
Formula Telecom Solutions Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12044654-B2 | Measurement method for non-destructive inspection, measurement device, non-destructive inspection method, information processing device of non-destructive inspection, and recording medium | Active | 27-Aug-2021 | ||
| US-20230061607-A1 | Measurement method for non-destructive inspection, measurement device, non-destructive inspection method, information processing device of non-destructive inspection, and recording medium | Active | 27-Aug-2021 | ||
| US-12613221-B2 | Information processing system for nondestructive inspection and nondestructive inspection method | Active | 28-Aug-2019 | ||
| US-20220326182-A1 | Information processing system for nondestructive inspection and nondestructive inspection method | Active | 28-Aug-2019 | ||
| EP-1325438-A2 | System and method for business decision making implementation by decision operation trees | Inactive | 14-Aug-2000 | G06Q10/10 |
Formula Telecom Solutions Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Formula Telecom Solutions Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Formula Telecom Solutions Acquisitions (1)
Formula Telecom Solutions’s most recent deal was a Merger/Acquisition with Viziqor Solutions for . The deal was made on 07-Dec-2005.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Viziqor Solutions | 07-Dec-2005 | Merger/Acquisition | Financial Software |
Formula Telecom Solutions FAQs
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When was Formula Telecom Solutions founded?
Formula Telecom Solutions was founded in 1997.
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Where is Formula Telecom Solutions headquartered?
Formula Telecom Solutions is headquartered in Or Yehuda, Israel.
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What is the size of Formula Telecom Solutions?
Formula Telecom Solutions has 377 total employees.
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What industry is Formula Telecom Solutions in?
Formula Telecom Solutions’s primary industry is Other Financial Services.
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Is Formula Telecom Solutions a private or public company?
Formula Telecom Solutions is a Private company.
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What is the current valuation of Formula Telecom Solutions?
The current valuation of Formula Telecom Solutions is .
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What is Formula Telecom Solutions’s current revenue?
The current revenue for Formula Telecom Solutions is .
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How much funding has Formula Telecom Solutions raised over time?
Formula Telecom Solutions has raised $7.46M.
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Who are Formula Telecom Solutions’s investors?
Fore Group Management & Investment and Solterra Energy (Financial Software) have invested in Formula Telecom Solutions.
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Who are Formula Telecom Solutions’s competitors?
Stripe, Fiserv, OneBill, Infor Global Solutions, and Magnaquest Technologies are some of the 16 competitors of Formula Telecom Solutions.
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When was Formula Telecom Solutions acquired?
Formula Telecom Solutions was acquired on 01-Oct-2014.
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Who acquired Formula Telecom Solutions?
Formula Telecom Solutions was acquired by Magic Software Enterprises.
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