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ACQUIRED COMPANY
 
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Ceon  Acquired by Convergys (2008  amount undisclosed )

1600 Seaport Blvd.
Redwood City, CA 94063
USA
650 817 6300
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Robert L. Barada (Pacific Telesis VP Corporate Strategy & Business Development) Howard S. Charney (Cisco Systems Sr. VP) Tench Coxe (Sutter Hill Ventures General Partner) Howard Flagg (Telecommunications Industry Consultant) James Rohde (CEON Vice Chairman)
Former outside board: Rick Kimball (TCV) A. Brooke Seawell (Net Dynamics)
Company

Business description: Ceon Corporation is the leading provider of OSS solutions for broadband service providers. Ceon's Order Management, Workflow, and Service Activation solution, Ceon Integration & Provisioning SuiteĀ®, is used by service providers around the world to lower operational costs, accelerate revenues and achieve profitability faster. Ceon provides open, scalable flow-through provisioning solutions for voice, data, and video services over DSL, cable, wireless, satellite and fiber infrastructures. Ceon's next-generation service fulfillment platform leverages eBusiness and Internet technologies to provide an easily customized operational environment for broadband service providers. Our modular service/product order, and flow-through provisioning management systems are built on industry-leading BEA WebLogic middleware suite for unparalleled scalability, performance and proven reliability.
Customers include: RCN CorporationSurewest Communications;  Blue Ridge Communications ;  Charter Communications;  Colt ;  Nordisk Mobiltelefon ;  Siminn ;  Tallinn ;  The Portugal Telecom Group
Partners include: AlcatelArrisBEA SystemsClearApp Liberate TechnologiesMicrosoftNortel NetworksOraclePortal SoftwareSiebel SystemsSun MicrosystemsSynchronoss TechnologiesTollBridge Technologies;  Convergys;  CosmoCom;  DST Innovus;  Netonomy;  Telemanagement Forum
Capital

Rounds: 5
Recent Fundings: Dec 2007   Sep 2005
Capital raised: 93.9M
Last Round: 5.6M
Ownership: Acquired by Convergys (2008  amount undisclosed )
VCs include: AccelSutter Hill VenturesTCV;  THK Ventures;  Needham Asset Management
Corporate investors: BEA SystemsNortel NetworksPortal Software

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Overview
Record updated: Feb 2008
Sector: Communications
Year Founded: 1999
Rounds: 5
Recent Fundings: Dec 2007   Sep 2005
Capital Raised: 93.9M
Last Round: 5.6M
Ownership: Acquired by Convergys (2008  amount undisclosed )