Optiva
Providing cloud-native revenue management BSS software on private and public cloud to telecoms globally.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | $13.5m | Post IPO Debt | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (14 %) | 3 % | (35 %) | (14 %) | (5 %) | (23 %) | (1 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (19 %) | 3 % | (27 %) | 49 % | 24 % | - | (17 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (76 %) | (11 %) | (55 %) | 28 % | 1 % | (26 %) | (42 %) |
| 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 |
| R&D % of revenue | 51 % | 29 % | 34 % | 16 % | 20 % | 29 % | 33 % |
Source: Company filings or news article
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Optiva Inc. operates as a Canadian telecommunications company, providing cloud-native Business Support Systems (BSS) to communication service providers (CSPs) globally. The company's history dates back to 1999 when it was founded as Redknee Solutions by Lucas Skoczkowski and four co-founders. A significant transformation occurred in 2017 when ESW Capital took control, leading to the rebranding of Redknee Solutions to Optiva in 2018 and the appointment of Danielle Royston as CEO. Royston focused on pivoting the company towards cloud-native solutions on the public cloud. In 2020, ESW lost control of the company, and John Giere became president and CEO. As of May 2024, Robert Stabile, a board member since 2017, serves as the CEO.
The company's core business revolves around enabling CSPs to manage and monetize their services. Its clients include mobile network operators (MNOs), mobile virtual network operators (MVNOs), and mobile virtual network enablers (MVNEs). Optiva generates revenue through the sale of software licenses, subscription fees, professional and managed services, and customer support contracts. The business model focuses on delivering its software on both private and public clouds, offering a fully managed, end-to-end SaaS platform.
Optiva’s product portfolio includes a suite of software for real-time billing, charging, policy management, and customer experience. A key offering is the Optiva BSS Platform, which provides end-to-end revenue and customer management with modules for product catalog, order management, and partner management. Another primary product is the Optiva Charging Engine, a fully converged charging solution designed for 5G and IoT monetization. Recently, the company has integrated agentic AI using Google's Gemini models into its BSS platform and charging engine to enhance operational efficiency and customer experience through intelligent automation and hyper-personalization. This allows CSPs to create customized billing plans, manage customer care, and leverage data analytics for new service offerings.
Keywords: telecommunications, BSS, Business Support Systems, OSS, cloud-native, revenue management, billing software, charging engine, 5G monetization, MVNO, MVNE, CSP, communication service providers, SaaS platform, telecom software, policy management, customer experience management, partner monetization, digital transformation, agentic AI, public cloud, private cloud, telecom billing, real-time charging, product catalog management