Bandwidth

Bandwidth is a telecommunications company that offers an Application Programming Interface (API) software for voice, messaging, 9-1-1 calls and phone number services. Read more

David Morken's photo - Chairman & CEO of Bandwidth

Chairman & CEO

David Morken

CEO Approval Rating

85/100

Founded:

1999

Status:

PublicIndependent CompanyNASDAQBAND

BANDWIDTH TOP COMPETITORS OR ALTERNATIVES

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Onvoy is Bandwidth's biggest rival. Onvoy was founded in Plymouth, Minnesota} in 1991. Onvoy operates in the Telecommunications Equipment industry. Compared to Bandwidth, Onvoy generates $88.1M less revenue.

Infobip is Bandwidth's #2 rival. Infobip's headquarters is in London, England, and was founded in 2006. Infobip competes in the Data Processing Services field. Infobip generates 175% of Bandwidth's revenue.

Carolina Digital Phone, Inc. is Bandwidth's #3 competitor. Carolina Digital Phone, Inc. was founded in 2000 in Greensboro, North Carolina. Carolina Digital Phone, Inc. operates in the Telecommunications Equipment industry. Carolina Digital Phone, Inc. generates $373.6M less revenue than Bandwidth.

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Bandwidth Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$388.1M

Bandwidth's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 4.4B. Over the last four quarters, Bandwidth's revenue has grown by 47.8%. Specifically, in Q1 2021's revenue was $113.5M; in Q4 2020, it was $113M; in Q3 2020, it was $84.8M; in Q2 2020, Bandwidth's revenue was $76.8M.

Bandwidth Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
VOXBONE, S.A

Oct 2020

Source »
$527M
Voxbone is a cloud-based firm that provides wholesale virtual local phone numbers and inbound SIP trunks for individuals and businesses.

These are all the companies that Bandwidth has acquired. Bandwidth's latest acquisition was VOXBONE, S.A in Oct 2020. Voxbone is a cloud-based firm that provides wholesale virtual local phone numbers and inbound SIP trunks for individuals and businesses.

Bandwidth Funding History

Since Bandwidth was founded in 1999, it has participated in 2 rounds of funding. In total Bandwidth has raised $20.5M. Bandwidth's last funding round was on Jun 2018 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Jun 2018
--

Portolan Capital Management LLC

Debt
Mar 2011
$20.5M
-

Since Bandwidth was founded in 1999, it has participated in 2 rounds of funding. In total Bandwidth has raised $20.5M. Bandwidth's last funding round was on Jun 2018 for a total of $0

Bandwidth Investments

No recent investments found related to Bandwidth

These are all the companies that Bandwidth has invested in. Bandwidth's latest investment was VOXBONE, S.A in Oct 2020. Voxbone is a cloud-based firm that provides wholesale virtual local phone numbers and inbound SIP trunks for individuals and businesses.

Bandwidth News

May 6, 2021Zacks

Bandwidth (BAND) Tops Q1 Earnings Estimates on Revenue Growth

Bandwidth's (BAND) first-quarter 2021 earnings benefit from significant growth in Communications Plat... See more »
May 5, 2021WRAL TechWire

Research firm IDC names Bandwidth a leader in cloud communications

Bandwidth, a leading global enterprise cloud communications company, has been named a Leader for the ... See more »
May 5, 2021The Business Journals: Raleigh/Durham

Longtime Bandwidth CFO to leave Raleigh company

Hoffman has been with the fast-growing communications software company since 2011.... See more »
April 28, 2021Zacks

Bandwidth (BAND) Q1 Earnings Expected to Decline

Bandwidth (BAND) doesn't possess the right combination of the two key ingredients for a likely earnin... See more »
April 20, 2021MarketScreener

to Report First Quarter 2021 Financial Results

(marketscreener.com) RALEIGH, N.C., April 20, 2021 /PRNewswire/ -- Bandwidth Inc. , a software compan... See more »
March 30, 2021MarketScreener

Delivers 911 Capabilities to More than 20 Million Enterprise Users

(marketscreener.com) RALEIGH, N.C., March 30, 2021 /PRNewswire/ -- Bandwidth Inc. , a software compan... See more »
March 22, 2021Global Legal Chronicle

Bandwidth's $250 Million Convertible Senior Notes Offering

Davis Polk advised representatives of the several initial purchasers in the offering. Bandwidth Inc. ... See more »

Bandwidth Blogs

November 25, 2020Bandwidth Blog

Your First Message and Call Using Bandwidth’s APIs and Ruby

Bandwidth has a full suite of messaging API solutions to power your business’ needs. Whether yo... See more »
November 24, 2020Bandwidth Blog

Your First Message and Call Using Bandwidth’s APIs and Java

Bandwidth has a full suite of messaging API solutions to power your business’ needs. Whether yo... See more »
November 23, 2020Bandwidth Blog

The 7 benefits of short codes for business messaging

Your business has a lot of options when it comes to the type of number for text messaging—toll-free n... See more »
November 19, 2020Bandwidth Blog

Much ado about transferring… a call

To transfer, or not to transfer, that is the question. Well, that’s just one of the questions. You ma... See more »
November 18, 2020Bandwidth Blog

3 things you should know about T-Mobile’s ban on shared short codes

Momentum growing behind shared short code demise—here’s what it means for you On September 1st, 2020,... See more »
November 17, 2020Bandwidth Blog

7 Most Common Reasons Your Port Order Is Rejected

It’s no secret that moving (AKA porting) phone numbers to a new provider can sometimes lead to a hass... See more »
November 16, 2020Bandwidth Blog

Your First Message and Call Using Bandwidth’s APIs and PHP

Bandwidth has a full suite of messaging API solutions to power your business’ needs. Whether yo... See more »

Bandwidth Press Releases

December 9, 2020PR Newswire

Bandwidth Wins Treasury Award for API Integration of ICD Portal, Trovata Platform

SAN FRANCISCO, Dec. 9, 2020 /PRNewswire/ -- Bandwidth Inc., a cloud-based communications platform-as-... See more »
November 2, 2020PR Newswire

Bandwidth to Present at the Needham Virtual Security, Networking, and Communications Conference

RALEIGH, N.C., Nov. 2, 2020 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading enterprise cloud... See more »
August 25, 2020PR Newswire

Trovata, ICD Launch Integrated Corporate Treasury Workflow with Bandwidth, Inc.

SAN FRANCISCO, Aug. 25, 2020 /PRNewswire/ -- Trovata, an emerging enterprise fintech automating cash ... See more »
July 30, 2020PR Newswire

Bandwidth Announces Second Quarter 2020 Financial Results

RALEIGH, N.C., July 30, 2020 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a software company focuse... See more »
May 11, 2020PR Newswire

Bandwidth to Virtually Present at Four Upcoming Investor Conferences

RALEIGH, N.C., May 11, 2020 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a software company focused... See more »
May 6, 2020StreetInsider

Bandwidth Announces Additional Information Regarding the Annual Meeting of Stockholders

RALEIGH, N.C., May 6, 2020 /PRNewswire/ --Â Bandwidth Inc. (NASDAQ: BAND) ("Bandwidth"), a software c... See more »
April 30, 2020PR Newswire

Bandwidth Announces First Quarter 2020 Financial Results

/PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a software company focused on communications for the e... See more »

Bandwidth Videos

Social Media

Bandwidth Headquarters

900 Main Campus Drive Venture Center III

Raleigh, North Carolina27606

888-969-5009

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Bandwidth Summary

ABOUT

Overview

Bandwidth is a telecommunications company that offers an Application Programming Interface (API) software for voice, messaging, 9-1-1 calls and phone number services. Bandwidth was founded in 1999. Bandwidth's headquarters is located in Raleigh, Nort...

CEO

Bandwidth's Chairman & CEO, David Morken, currently has an approval rating of 85%. Bandwidth's primary competitors are Onvoy, Infobip & Carolina Digital Phone, Inc..

Frequently Asked Questions about Bandwidth

  1. When was Bandwidth founded?

    Bandwidth was founded in 1999
  2. Who is Bandwidth's CEO?

    Bandwidth's CEO is David Morken
  3. How much revenue does Bandwidth generate?

    Bandwidth generates $388.1M in revenue
  4. How much funding does Bandwidth have?

    Bandwidth has historically raised $20.5M in funding
  1. Where is Bandwidth's headquarters?

    Bandwidth's headquarters is in Raleigh North Carolina, USA
  2. How many employees does Bandwidth have?

    Bandwidth has 611 employees
  3. What sector does Bandwidth operate in?

    Bandwidth is in Internet Software, Messaging, Telecommunication
  4. Who are Bandwidth's competitors?

    Bandwidth's top competitors are Onvoy, Infobip, Carolina Digital Phone, Inc.