Acquired by Emptoris on January 6, 2011
Funding Received
$23.7 Million in 3 Rounds from 4 Investors
Fairfax, VA
Rivermine Software provides software solutions to automate the telecommunications expense management lifecycle.

Company Details


Rivermine Software, Inc. provides software solutions to automate the telecommunications expense management lifecycle to enterprises and government agencies. The company offers Telecom Expense Management (TEM) solutions to automate procurement and order provisioning, invoice processing and auditing, inventory and asset management, and network optimization. Its products include Inventory Engine, which builds and maintains a current repository of users’ wired, wireless, and data networking assets; Rivermine Service Order Manager that creates, validates, and tracks telecom orders ranging from request through approval and provisioning; Rivermine Finance Manager, which enables automated invoice processing, bill validation, cost allocation, and auditing; and Rivermine Clarity that provides visibility into and control over telecom spend through packaged dashboards, reports, and drill-down analytics. The company also provides managed services, including telecom contract analysis, rate benchmarking, and negotiation; historic and ongoing audit, and carrier dispute/collection; and circuits, equipment, services, and electronic and paper invoices handling. In addition, its services comprise hardware, network access, application and database back-up and restore procedures, system security, and monitoring for the TEM software, as well as software implementation, management consulting, training, and product support.

Rivermine Software, formerly known as Telco Exchange, was founded in 1999 and is headquartered in Fairfax, Virginia

Current Team (3)


Past Team (4)


Acquisitions (1)


Investors (4)

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    Columbia Capital

    Columbia Capital is a venture capital franchise in wireless, broadband, media, and enterprise...
  • Dqswfnohg2sqjwxmrezg

    SoftBank Capital

    SoftBank Capital is a multi-stage venture capital fund that partners with entrepreneurs building...
  • 91817de87babdbad1fc93b3b8605a1cf

    Longworth Venture Partners

    Longworth Venture Partners is a venture capital firm that has led investments in some innovative...
  • Af2ca447bf486829bf564a693fa6d0a2

    Valhalla Partners

    In ancient Norse mythology, Valhalla was the stately hall of Odin, king of the gods. Here those...

Offices/Locations (1)

  • HQ

    3975 Fair Ridge Drive

    Suite 350 South

    Fairfax, VA 22033-2924


Images (1)

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