Connected2Fiber, the location engagement platform for network buyers and sellers, is celebrating five years of operation today with record recent growth, including 275% revenue increase over the past two years, driven by net revenue retention rates exceeding 114%.
“When we launched Connected2Fiber five years ago, we set out to develop the location source of truth for the connectivity industry…the market has offered its stamp of approval.” – Ben Edmond, CEO, Connected2Fiber
Based on those numbers, it’d be hard to argue with you, Ben.
A Growth Story and Much More
Connected2Fiber built The Connected World, a platform that helps network operators and service providers more effectively develop, buy and sell connectivity. With over 12,000 active users, The Connected World now includes more than 600 million unique locations actively tracked worldwide, 5,800 network service providers mapped by location…and, well, growing.
By the numbers…
- 130% jump in platform users over the past year
- More than 275% increase in Sales in past 2 years
- In the past year, a 300% increase of unique locations actively tracked globally
- Nearly $15 million in capital raised
- More than 150 service providers actively leveraging the platform to drive growth
- Over 1 billion API queries across the ecosystem
“When we launched Connected2Fiber five years ago, we set out to develop the location source of truth for the connectivity industry and to fill an industry void for network operators and service providers needing to transact within an automated API economy. Digital transformation is happening across every industry and connectivity is strategic to enable and deliver these new services. The market has offered its stamp of approval. But above and beyond any growth numbers, we’re most proud of the innovative ecosystem we’ve created that’s pushing global networks forward.”
Beyond the Growth
Over the past year alone, Connected2Fiber has grown its ecosystem, brand and funding pool. The company established or grew partnerships with Alluvion Communications, BeyondReach, IFN, MetroNet, OPTK Networks, TeraGo, Uniti Fiber, Vision Net and more. In January, Connected2Fiber won the PTC Award for “Outstanding Network Intelligence and Management Company,” which celebrates “software (or hardware) capabilities that ensure the flexibility and reliability of today’s and tomorrow’s networks.” In October 2019, Connected2Fiber announced that it entered into a growth capital term loan agreement with Silicon Valley Bank (SVB), which provided up to $1.5 million of new capital — just three months after releasing news about a $5.3 million round of funding.
Part of the celebration includes a recently launched, updated website that highlights the company’s client-centric approach with a new customers showcase page, and focuses on educational content such as webinars, product demos and other videos, whitepapers, FAQs and blogs. The site simplifies and details The Connected World’s value drivers by use case and role, illustrating how the platform helps C-suites, sales representatives, marketers and carrier relations teams automate their go-to-market processes around network planning, prospect identification, opportunity prioritization and deal pricing.
“Thank you to our many customers, team members and partners over the past five years. We’re celebrating this milestone today because of your trust and support, and we look forward to continued growth in 2021 and beyond.”
Here’s to many more celebrations for Connected2Fiber!