Overview

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Status
Acquired by on January 6, 2011
Total Equity Funding
$28.7M in 4 Rounds from 4 Investors
Headquarters:
Fairfax, Virginia
Description:
Rivermine Software provides software solutions to automate the telecommunications expense management lifecycle.
Categories:
Software, Government, Telecommunications
Website:
http://www.rivermine.com
Social:

Company Details

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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

Funding Rounds (4) - $28.7M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2009$5M / Series D4
Jun, 2007$8.7M / Series C4
May, 2005$10M / Series B3
Oct, 2003$5M / Series A2

Acquisitions (1)

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DateAcquiredAmount
Dec 16, 2009Unknown

Current Team (3)

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Offices/Locations (1)

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  • Headquarters

    3975 Fair Ridge Drive

    Suite 350 South

    Fairfax, Virginia 22033-2924

    United States

Past Team (2)

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Images (1)

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