Leapstone Systems
Converged communication services software platform for operators
About Leapstone Systems
Leapstone Systems was a provider of communication software services, founded in 2000 and based in Somerset, New Jersey. The company offered a unified platform for creating, managing, and delivering converged video, voice, and data service bundles across various networks and devices. Its flagship product, the Communications Convergence Engine (CCE) suite, functioned as a real-time service delivery platform, enabling wireline, wireless, and cable operators to design and deploy a wide array of content and services for their customers.
The firm catered to major Tier 1 service providers, including AT&T and Verizon Wireless, and also established partnerships with resellers and integrators like Accenture, CGI, and IBM Global Services. Its business model centered on providing software that allowed operators to transition from legacy, silo-based infrastructures to a more seamless, integrated service offering, including quad-play services (voice, video, data, and mobile).
In December 2002, Leapstone Systems secured $31.6M in a Series A venture capital funding round. The company was ultimately acquired by Motorola on August 20, 2007, for an undisclosed amount. The acquisition was part of Motorola's strategy to build an end-to-end solution for video delivery and to use Leapstone's platform as a new engine for enabling mobility across different applications and devices.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Mar 2003 | $14M | $56M | Oak Investment · NEA · Mayfield · Accel | — |
Growth signals
Latest recorded traffic for Leapstone Systems is 140 monthly website visits. Leapstone Systems's team grew 0% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Global footprint
Market sentiment
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