S
ShoreTel
Provider of brilliantly simple IP phone systems and unified communications solutions for the cloud, onsite or a hybrid combination
About ShoreTel
ShoreTel, now part of Mitel, specializes in providing unified communications solutions tailored for small, midsize, and enterprise businesses. Operating in the telecommunications market, ShoreTel offers a comprehensive suite of services including VoIP (Voice over Internet Protocol), cloud communications, and contact center solutions. The company serves a diverse range of clients across various sectors such as healthcare, hospitality, education, government, sports, and entertainment. ShoreTel's business model revolves around subscription-based services, where clients pay for the use of their communication tools on a recurring basis. This model ensures a steady stream of revenue while providing continuous support and updates to their clients. The company makes money through these subscriptions, as well as through the sale of hardware and professional services.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1996
- Headquarters
- Ottawa, Canada
- Employees
- 567
- Open positions
- None listed
- Dealroom signal
- 34.3/100
- Industry
- Telecom, Enterprise Software
- Sector
- Other B2B Software, Telecommunications, Testing, Verification, PR, Entertainment, Appliances, PBX, Hard Tech
- Technology
- Hardware
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 4 companies, latest Jan 2016
- Capital deployed
- $1.1M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jul 2017 | $530M | $530M | Mitel | — |
| IPOOther financing | Jul 2007 | $75M | $392M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ShoreTel is 11K monthly website visits, down 68.6% over the last three months. ShoreTel's team declined 6.4% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
CorvisaCloudMilwaukee, United StatesCorvisaCloud helps businesses work smarter & make customers happier with our cloud communications software and hosted platform
$120Mvaluation
Lavelle NetworksBengaluru, IndiaSoftware Defined WAN (SD-WAN) provider
$8.4Mvaluation
MN
M5 NetworksDallas, United StatesShoreTel is the provider of brilliantly simple phone systems and unified communications solutions for the cloud and premises.
$146Mvaluation
Agito NetworksSanta Clara, CubaAn enterprise fixed mobile convergence platform that enables companies to extend unified communications to mobiles
$52Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later8 investors entered at this stage
Lehman Brothers
Foundation Capital
Matrix Partners
JP Morgan
Focus Ventures
Norwest Venture Partners- CPCrosspoint Venture Partners
- DWDain Rauscher Wessels
Other known investors1 additional known investor
Mitel
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ShoreTel on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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