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Openet

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uuid000725i

Namestring
Openet
Legal namestring
Amdocs Limited
Websiteurl
openet.com
Company typeenum
Public
Founded yearint
1999
Descriptiontext

Openet is a Dublin-based, privately-held software company founded in 1999 that builds Digital Business Support Systems (BSS) for the global telecommunications industry. Its core products sit in three tightly-coupled domains: real-time charging, network policy control, and telecom data management, which together enable Communication Service Providers (CSPs) to rate, bill, and manage subscriber usage across fixed and mobile networks. The company describes itself as a "world leading Digital BSS" provider and serves telecom operators, with strategic capital relationships suggesting a tier-1 enterprise customer base including operators in EMEA and Japan (via NS Solutions and SoftBack Group). Openet runs an enterprise software business model: long-duration BSS platform licenses, associated professional services for integration and transformation, and ongoing managed/operational support typical of mission-critical telecom software.

The company is funded by a mix of venture capital and strategic corporate investors, with disclosed equity and debt rounds in 2001 ($20M, Balderton Capital), 2002 (Orange Ventures, SAIC Venture Capital), 2010 ($10.5M, Cross Atlantic Capital Partners and Enterprise Ireland), 2012 ($21M, Enterprise Ireland and NS Solutions leading), and 2017 (Cipio Partners, undisclosed). Total disclosed funding exceeds $51.5M, with additional undisclosed capital. In June 2013 Openet acquired Forkstream, extending its policy and traffic management footprint. Leadership has been stable: founder Joe Hogan serves as CTO, and Niall Norton is CEO. With 501-1,000 employees, Openet operates at a scale characteristic of mid-sized BSS vendors; however, the input does not contain direct revenue, customer count, or pricing disclosures, leaving precise financial sizing inferential.

Short descriptiontext

Openet is a Dublin-based, privately-held software company founded in 1999 that builds digital BSS (charging, policy, and data management) solutions for global Communication Service Providers, with 501-1,000 employees and backing from Balderton Capital, Enterprise Ireland, SoftBank, and Cipio Partners.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersDublin, Ireland
HQ citystring
Dublin
HQ countrystring
Ireland
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
digital BSS software, telecom charging solutions, policy management software, data management platform, telecom monetization
NAICS code2 codes
  • Custom Computer Programming Services541511
  • Computer Systems Design Services541512
SIC code2 codes
  • Services-Computer Programming, Data Processing, Etc.7370
  • Services-Computer Integrated Systems Design7373
Product category
Telecom BSS Software
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1BSS/OSS Software Licensing and Subscription
TypeSubscription Recurring
Description

Amdocs generates revenue primarily through licensing its BSS/OSS software platforms (Monetization, Charging, Real-Time Billing, Policy, Partner Management) to telecom operators, typically under subscription or multi-year license agreements.

amdocs.com
2Professional Services
TypeProfessional Services
Description

Implementation, consulting, and system integration services for deploying Amdocs platforms at CSPs, including transformation and migration engagements.

amdocs.com
3Managed Services
TypeManaged Services
Description

Ongoing operational and support services for deployed platforms, providing continuous updates, maintenance and managed operations.

amdocs.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Openet is a Digital BSS (Business Support Systems) software vendor that provides charging, policy and data management solutions to telecommunications operators and communication service providers. Its software enables real-time rating and charging, policy control, and subscriber data management for fixed and mobile networks.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Real-time charge calculation for any type of transaction, transforming batch billing processes
Product and service1 record
1Charging Solutions
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Amdocs and Astadia partnered on a cloud migration case study for Société Générale Luxembourg's core banking systems transformation. This is a customer delivery engagement rather than a product partnership.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Listed provider of BSS/OSS solutions for telecoms, including charging, billing, and customer management. Highly comparable mid-sized specialist competing with Openet for CSP accounts.

TypeDirect peer
Description

Provider of Digital BSS, charging, and policy solutions for CSPs, particularly in emerging markets. Directly comparable product set and customer base to Openet.

TypeDirect peer
Description

Supplies BSS, billing, and customer care software to telecoms, energy, and utilities — overlapping with Openet in CSP charging and policy management.

TypeDirect peer
Description

Global market leader in BSS/OSS for CSPs, offering monetization, charging, real-time billing, and policy solutions that directly overlap Openet's product portfolio. Frequently cited alongside Openet as a top Digital BSS vendor.

TypeDirect peer
Description

Provides BSS/OSS and digital transformation solutions to CSPs, including charging, policy, and customer engagement — closely aligned with Openet's Digital BSS offerings.

TypeDirect peer
Description

Listed among key Digital BSS vendors for telecom operators, offering charging, billing, and policy solutions that directly compete with Openet's product suite.

TypeBroad incumbent
Description

Major telecom equipment and software vendor offering BSS/OSS as part of a broader network portfolio. Competes with Openet in CSP charging and policy but bundles BSS with radio, core, and managed services.

TypeBroad incumbent
Description

Global telecom vendor with BSS/OSS offerings serving CSPs. Overlaps with Openet in charging and policy but operates at a much broader, multi-product scale.

TypeBroad incumbent
Description

Telecom vendor with BSS capabilities inherited from Comptel, offering monetization and policy solutions. Competes with Openet as part of a wider network and software portfolio.

TypeEmerging player
Description

Cloud-native real-time charging and monetization platform for telecom operators — now an Amdocs subsidiary but historically a focused competitor to Openet's charging business.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors9 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Openet

Telecom BSS Softwareopenet.com

Openet is a Dublin-based, privately-held software company founded in 1999 that builds digital BSS (charging, policy, and data management) solutions for global Communication Service Providers, with 501-1,000 employees and backing from Balderton Capital, Enterprise Ireland, SoftBank, and Cipio Partners.

What Openet does

Openet is a Dublin-based, privately-held software company founded in 1999 that builds Digital Business Support Systems (BSS) for the global telecommunications industry. Its core products sit in three tightly-coupled domains: real-time charging, network policy control, and telecom data management, which together enable Communication Service Providers (CSPs) to rate, bill, and manage subscriber usage across fixed and mobile networks. The company describes itself as a "world leading Digital BSS" provider and serves telecom operators, with strategic capital relationships suggesting a tier-1 enterprise customer base including operators in EMEA and Japan (via NS Solutions and SoftBack Group). Openet runs an enterprise software business model: long-duration BSS platform licenses, associated professional services for integration and transformation, and ongoing managed/operational support typical of mission-critical telecom software.

The company is funded by a mix of venture capital and strategic corporate investors, with disclosed equity and debt rounds in 2001 ($20M, Balderton Capital), 2002 (Orange Ventures, SAIC Venture Capital), 2010 ($10.5M, Cross Atlantic Capital Partners and Enterprise Ireland), 2012 ($21M, Enterprise Ireland and NS Solutions leading), and 2017 (Cipio Partners, undisclosed). Total disclosed funding exceeds $51.5M, with additional undisclosed capital. In June 2013 Openet acquired Forkstream, extending its policy and traffic management footprint. Leadership has been stable: founder Joe Hogan serves as CTO, and Niall Norton is CEO. With 501-1,000 employees, Openet operates at a scale characteristic of mid-sized BSS vendors; however, the input does not contain direct revenue, customer count, or pricing disclosures, leaving precise financial sizing inferential.

Openet firmographics

Firmographics
Name
Openet
Legal name
Amdocs Limited
Website
https://openet.com
Company type
Public
Founded year
1999
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Openet is a Dublin-based, privately-held software company founded in 1999 that builds digital BSS (charging, policy, and data management) solutions for global Communication Service Providers, with 501-1,000 employees and backing from Balderton Capital, Enterprise Ireland, SoftBank, and Cipio Partners.
Ownership category
akta.pro rank

Where Openet is headquartered

Location

Headquarters

HQ city
Dublin
HQ country
Ireland
HQ region
Europe

Markets served

Openet business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. BSS/OSS Software Licensing and Subscription: Amdocs generates revenue primarily through licensing its BSS/OSS software platforms (Monetization, Charging, Real-Time Billing, Policy, Partner Management) to telecom operators, typically under subscription or multi-year license agreements.
  2. Professional Services: Implementation, consulting, and system integration services for deploying Amdocs platforms at CSPs, including transformation and migration engagements.
  3. Managed Services: Ongoing operational and support services for deployed platforms, providing continuous updates, maintenance and managed operations.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Openet product offering

Product offering

Core offering

Openet is a Digital BSS (Business Support Systems) software vendor that provides charging, policy and data management solutions to telecommunications operators and communication service providers. Its software enables real-time rating and charging, policy control, and subscriber data management for fixed and mobile networks.

Differentiator

Problem solved

Functional benefit

Products and services

  • Charging Solutions

Quantifiable outcome

  • Real-time charge calculation for any type of transaction, transforming batch billing processes

Companies that use Openet

Customer profile

Segments1 record

Ideal customer profiles1 record

Openet technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Openet partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • AstadiaminorImplementation/ SI/ Consulting PartnerAmdocs and Astadia partnered on a cloud migration case study for Société Générale Luxembourg's core banking systems transformation. This is a customer delivery engagement rather than a product partnership.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Openet competitors and assessment

Company assessment

Direct peers

  • Cerillion: Listed provider of BSS/OSS solutions for telecoms, including charging, billing, and customer management. Highly comparable mid-sized specialist competing with Openet for CSP accounts.
  • Tecnotree: Provider of Digital BSS, charging, and policy solutions for CSPs, particularly in emerging markets. Directly comparable product set and customer base to Openet.
  • Hansen Technologies: Supplies BSS, billing, and customer care software to telecoms, energy, and utilities — overlapping with Openet in CSP charging and policy management.
  • Amdocs: Global market leader in BSS/OSS for CSPs, offering monetization, charging, real-time billing, and policy solutions that directly overlap Openet's product portfolio. Frequently cited alongside Openet as a top Digital BSS vendor.
  • Netcracker Technology: Provides BSS/OSS and digital transformation solutions to CSPs, including charging, policy, and customer engagement — closely aligned with Openet's Digital BSS offerings.
  • Optiva: Listed among key Digital BSS vendors for telecom operators, offering charging, billing, and policy solutions that directly compete with Openet's product suite.

Broad incumbents

  • Ericsson (BSS/OSS): Major telecom equipment and software vendor offering BSS/OSS as part of a broader network portfolio. Competes with Openet in CSP charging and policy but bundles BSS with radio, core, and managed services.
  • Huawei (BSS): Global telecom vendor with BSS/OSS offerings serving CSPs. Overlaps with Openet in charging and policy but operates at a much broader, multi-product scale.
  • Nokia (BSS / Comptel heritage): Telecom vendor with BSS capabilities inherited from Comptel, offering monetization and policy solutions. Competes with Openet as part of a wider network and software portfolio.

Emerging players

  • MATRIXX Software: Cloud-native real-time charging and monetization platform for telecom operators — now an Amdocs subsidiary but historically a focused competitor to Openet's charging business.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Openet social profiles

Digital presence

Openet financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Openet leadership team

Management profile

Number of profiles

Profiles2 records

Openet subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Openet funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Openet M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Openet

What does Openet do?

Openet is a Digital BSS (Business Support Systems) software vendor that provides charging, policy and data management solutions to telecommunications operators and communication service providers. Its software enables real-time rating and charging, policy control, and subscriber data management for fixed and mobile networks.

Is Openet a public or private company?

Openet is a public company. It is classified as venture growth investor backed and is currently operating.

When was Openet founded?

Openet was founded in 1999. It employs 501 to 1,000 people.

Where is Openet based?

Openet is headquartered in Dublin, Ireland, in the Europe region.

How does Openet make money?

Three revenue lines are on record. BSS/OSS Software Licensing and Subscription is the primary driver. The others are professional Services and managed Services.

Who are Openet's main competitors?

Direct peers on record are Cerillion, Tecnotree, Hansen Technologies, Amdocs, Netcracker Technology and Optiva. Broad incumbents are Ericsson (BSS/OSS), Huawei (BSS) and Nokia (BSS / Comptel heritage). MATRIXX Software is listed as an emerging player.

Does Openet have an API?

No public API is recorded for Openet.

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Live signals
PR NewswireOpenet Lauded by Frost & Sullivan for its 5G, Open and Cloud-native BSS for Service ProvidersFrost & Sullivan has awarded Openet, an Amdocs company, the 2020 Global Entrepreneurial Company of the Year Award for its cloud-native, open-source BSS solutions designed for communication service providers. Openet's solutions have demonstrably enabled CSPs to achieve over 40% reduction in time to market for new services and approximately 30% increase in offer uptake, with double-digit increases in mobile data revenues. Openet was acquired by Amdocs in August 2020, with both companies now working together to accelerate cloud migration and help CSPs generate new 5G revenues.GlobeNewswireAmdocs Completes Acquisition of Openet to Accelerate the Pace of Taking the Communications Industry to the Cloud and Help Service Providers Differentiate in the 5G EraAmdocs completed its acquisition of Openet, a provider of 5G charging, policy, and cloud technologies. The deal is expected to have a neutral impact on non-GAAP diluted EPS in fiscal 2020-2021 and be accretive thereafter. The acquisition aims to help service providers accelerate their cloud journey and operational agility.GlobeNewswireAmdocs to Acquire Openet to Accelerate the Pace of Taking the Communications Industry to the Cloud and Help Service Providers Differentiate in the 5G EraAmdocs entered a definitive agreement to acquire Openet, a 5G charging and cloud technology provider, for approximately $180 million in cash. The deal, expected to close before the end of fiscal 2020, is expected to be neutral on Amdocs' non-GAAP diluted EPS in 2020-2021 and accretive thereafter.PR NewswireEvergent and Openet Partner to Monetize and Transform Next-Generation Digital ServicesEvergent, a provider of revenue and subscriber management solutions, announced a partnership with Openet, a Digital Business Support Systems provider, to integrate real-time charging and policy control capabilities into Evergent's platform. The collaboration aims to help digital service providers monetize 5G-enabled services by enabling real-time data collection, contextual offers, and flexible billing options. Both companies expect the partnership to capitalize on new monetization opportunities presented by 5G networks and advanced digital services.PR NewswireVoltDB and Openet Webinar to Discuss 5G Data RequirementsVoltDB, an enterprise database company, and Openet, a provider of digital business platforms, are co-hosting a free webinar on November 15, 2018 to discuss data platform requirements for 5G Core network adoption. The webinar will address how organizations must process data in real-time and integrate machine learning technologies to meet the demands of the new 5G architecture. Industry experts from both companies, along with George Malim from VanillaPlus Magazine, will present on topics including data layer consolidation, network function virtualization, and security considerations.GlobeNewswireAmdocs and Openet Settle Patent DisputeAmdocs and Openet settled a patent infringement dispute in the U.S. Federal District Court for the Eastern District of Virginia. As part of the confidential settlement, Amdocs agreed to license certain patents to Openet.TechCrunchOne Step Shy Of An IPO, Telco Friend Openet Picks Up $21M Series D Led By Japan’s NS SolutionsDublin-based transaction management software maker Openet announced a $21 million Series D round, split between $16 million in equity and $5 million in long-term debt, led by Japan-based NS Solutions, a subsidiary of Nippon Steel. NS Solutions becomes a distribution partner, with Softbank as its first customer, while Balderton, Cross Atlantic and Kreos Capital also participated. Openet grew revenue 23% last year and has been profitable for two years.TechCrunchThe Nightmare Of Anti-Net Neutrality: Carriers Mull Charging Fees Per ServiceA presentation slide from telecom technology companies Allot and Openet, presented at FierceWireless, outlined a tiered, fee-based model where carriers could charge subscribers separately for services like YouTube and Facebook based on per-megabyte or monthly rates. The companies described using deep packet inspection, behavioral analysis, and other identification techniques to track and classify subscriber traffic for customized pricing. The article presents this as a cautionary example of what anti-net neutrality legislation could enable, arguing such models would give operators excessive control over internet access and content prioritization.FinSMEsIreland, Openet Raises $10.5M in FundingOpenet, a global event processing and transaction management provider, completed a $10.5M equity financing led by Cross Atlantic Capital Partners and Enterprise Ireland. The round brings total funding to nearly $61M, and the capital will support regional growth and strategic investments.GlobeNewswireTurkcell Delivers 3G Data Services With Cisco and OpenetTurkcell deployed a Cisco and Openet charging solution for its 3G data network in June 2009. The system enables real-time packet inspection and billing, supporting flexible pre- and post-paid data options. Plans include additional servers in Ankara and scaling to 1,500 transactions per second.