Evolve IP Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 78

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 13

  • Investments
  • 14

Evolve IP General Information

Description

Provider of cloud-based communications services intended for mid-size companies. The company offers to migrate several integrated software applications onto a single and unified platform, which includes disaster recovery, contact centre and call centre, internet protocol (IP) phone systems and unified communications, virtual desktops and infrastructure as a service (IaaS), enabling clients with integrated communication services.

Contact Information

Website
evolveip.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 630 Allendale Road
  • King of Prussia, PA 19406
  • United States
+1 (610)
Primary Industry
Systems and Information Management
Other Industries
IT Consulting and Outsourcing
Communication Software
Parent Company
Xtium
Vertical(s)
TMT
Corporate Office
  • 630 Allendale Road
  • King of Prussia, PA 19406
  • United States
+1 (610)

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Evolve IP Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Evolve IP Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of cloud-based communications services intended for mid-size companies. The company offers to migrate several i
Systems and Information Management
King of Prussia, PA
78 As of 2025

San Antonio, TX
 

Norwalk, CT
 
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Evolve IP Competitors (46)

One of Evolve IP’s 46 competitors is Rackspace Technology, a Private Equity-Backed company based in San Antonio, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Rackspace Technology Private Equity-Backed San Antonio, TX
365 Data Centers Private Equity-Backed Norwalk, CT
QTS Realty Trust Private Equity-Backed Sterling, VA
Cologix Private Equity-Backed Denver, CO
Datto Private Equity-Backed Norwalk, CT
You’re viewing 5 of 46 competitors. Get the full list »

Evolve IP Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Evolve IP Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200323938-A1 Manufacture of botanically-derived compositions Inactive 15-Apr-2019

Evolve IP Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Evolve IP Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Evolve IP Investments (14)

Evolve IP’s most recent deal was a Buyout/LBO with Jog.ai. The deal was made on 01-Apr-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Jog.ai 01-Apr-2019 Buyout/LBO Business/Productivity Software
Advanced Integrated Technologies (Minnesota) 20-Jul-2018 Buyout/LBO Wireless Communications Equipment
The Voice Factory 18-Apr-2018 Buyout/LBO Communication Software
Clearlogin 17-Oct-2017 Buyout/LBO Business/Productivity Software
Mtel (Netherlands) 02-Aug-2017 Buyout/LBO Telecommunications Service Providers
You’re viewing 5 of 14 investments. Get the full list »

Evolve IP Affiliates

Subsidiaries (4)

Name Industry Location Year Founded
Xt Holdings Wayne, PA 2012
Semperon West Goshen, PA 2004
A.P.T Allentown, PA 1995
Advanced Integrated Technologies (Minnesota) Edina, MN 1993

Evolve IP FAQs

  • When was Evolve IP founded?

    Evolve IP was founded in 2007.

  • Where is Evolve IP headquartered?

    Evolve IP is headquartered in King of Prussia, PA.

  • What is the size of Evolve IP?

    Evolve IP has 78 total employees.

  • What industry is Evolve IP in?

    Evolve IP’s primary industry is Systems and Information Management.

  • Is Evolve IP a private or public company?

    Evolve IP is a Private company.

  • What is Evolve IP’s current revenue?

    The current revenue for Evolve IP is .

  • How much funding has Evolve IP raised over time?

    Evolve IP has raised $314M.

  • Who are Evolve IP’s investors?

    Columbia Partners Private Capital and GPX Enterprises have invested in Evolve IP.

  • Who are Evolve IP’s competitors?

    Rackspace Technology, 365 Data Centers, QTS Realty Trust, Cologix, and Datto are some of the 46 competitors of Evolve IP.

  • When was Evolve IP acquired?

    Evolve IP was acquired on 31-Oct-2024.

  • Who acquired Evolve IP?

    Evolve IP was acquired by Xtium.

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