Accuris Networks
closedProvider of carrier grade Wi-Fi Offload and Roaming Inter-Working solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | N/A | Early VC | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 4 % | - | - | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Established in 1997, Accuris Networks operates as a specialized provider of Wi-Fi offload and roaming inter-working solutions for the telecommunications sector. The company was founded by Aidan Dillon, who also served as its Chief Technology Officer. Accuris Networks enables service providers to monetize connectivity between disparate networks, allowing subscribers to seamlessly transition across LTE, GSM, Wi-Fi, IPX, and fixed networks. The firm's target clients are global mobile and fixed network operators, as well as vertical service providers. Notable customers and partners have included AT&T, Orange, Bell, and Cisco.
The core of Accuris Networks' offering is its AccuROAM platform, a carrier-grade system designed for convergence, roaming, and interworking. This platform provides tools for integrating various protocols and vendors, effectively turning Wi-Fi into a radio access network. Key features include SaaS Roaming Hubs for accessing home network services over Wi-Fi, core networking systems for Authentication, Authorization, and Accounting (AAA) functions, and IoT solutions that facilitate interworking between NB-IoT and LTE-M. A significant capability of the platform is its use of SIM-based credentials for automatic and secure authentication on Wi-Fi hotspots, eliminating the need for usernames and passwords. This allows mobile operators to integrate Wi-Fi into their core infrastructure, manage the user experience, and implement billing for Wi-Fi usage.
Over its history, the company secured significant funding, including a $15 million Series B round in September 2014, to fuel product development and global expansion. In October 2019, Accuris Networks was acquired by ZephyrTel, a software company focused on providing a comprehensive application suite for telecom operators. This acquisition was part of ZephyrTel's strategy to enhance its cloud leadership in the telecommunications market by integrating Accuris' interconnectivity platform into its Operations Support Systems (OSS) and Business Support Systems (BSS) offerings.
Keywords: Wi-Fi offload, roaming solutions, network interworking, telecommunications software, mobile data offload, carrier-grade Wi-Fi, SIM-based authentication, Passpoint, AccuROAM, roaming hubs, Authentication Authorization and Accounting (AAA), LTE, GSM, IPX, IoT connectivity, mobile network operators, service providers, ZephyrTel, network convergence, seamless connectivity