Citel Overview
- Year Founded
-
1996
- Status
-
Acquired/Merged
- Employees
-
52
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$2.57M
- Investors
-
1
Citel General Information
Description
Developer of telecommunication technology intended to make internet call. The company focuses on providing unique voice-over (Internet Protocol)IP telephony and converged communications and supplies hardware and technology to allow ordinary telephones to make calls using cheaper internet technology, enabling organizations to receive all the benefits without purchasing new IP phones.
Contact Information
Website
www.citel.com(Operating Subsidiary)
Corporate Office
- Loughborough University Science & Enterprise Parks
- 5 Oakwood Drive
- Loughborough LE11 3QF
- England, United Kingdom
Corporate Office
- Loughborough University Science & Enterprise Parks
- 5 Oakwood Drive
- Loughborough LE11 3QF
- England, United Kingdom
Citel Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Merger/Acquisition | 03-Jun-2008 | $2.57M | 000.00 | 00.000 | Completed | Generating Revenue |
2. IPO | 10-Jul-2006 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
1. Later Stage VC | 16-Sep-2004 | $7M | $7M | Completed | Generating Revenue |
Citel Patents
Citel Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-6037415-A | Preparing lacquer by adding to solvent predetermined amounts of pelletized, dry, stable, homogeneous, blended solid mixture of pigment and compatible thermoplastic resin | Inactive | 02-May-1995 | 0000000000 | 0 |
Citel Executive Team (4)
Name | Title | Board Seat |
---|---|---|
Joseph Kalinda | Co-Chief Executive Officer & Managing Director | |
Michael Robinson | Co-Chief Executive Officer & Director | |
Abdul Khan | Co-Chief Executive Officer |
Citel Signals
Citel Former Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Aberdeen Group | Corporation | Minority | 000 0000 | 000000 0 |
Advent Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
Albany Venture Managers | Venture Capital | Minority | 000 0000 | 000000 0 |
Alliance Trust | PE/Buyout | Minority | 000 0000 | 000000 0 |
Coller Capital | PE/Buyout | Minority | 000 0000 | 000000 0 |
Citel FAQs
-
When was Citel founded?
Citel was founded in 1996.
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Who is the CEO of Citel?
Joseph Kalinda, Michael Robinson, and Abdul Khan are the CEOs of Citel.
-
Where is Citel headquartered?
Citel is headquartered in Loughborough, United Kingdom.
-
What is the size of Citel?
Citel has 52 total employees.
-
What industry is Citel in?
Citel’s primary industry is Telecommunications Service Providers.
-
Is Citel a private or public company?
Citel is a Private company.
-
What is the current valuation of Citel?
The current valuation of Citel is 00.000.
-
What is Citel’s current revenue?
The current revenue for Citel is 00000.
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How much funding has Citel raised over time?
Citel has raised $22.1M.
-
Who are Citel’s investors?
Aberdeen Group, Advent Venture Partners, Albany Venture Managers, Alliance Trust, and Coller Capital are 5 of 9 investors who have invested in Citel.
-
When was Citel acquired?
Citel was acquired on 03-Jun-2008.
-
Who acquired Citel?
Citel was acquired by Tortel USA.
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