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LotusFlare

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LotusFlare
Private
ISIN🆔
IndustrySoftware development
Founded 📆2014; 10 years ago (2014)
Founders 👔Sam Gadodia, Terry Guo, Shao Xia
Headquarters 🏙️Santa Clara, California, United States
Area served 🗺️
Members
Number of employees
🌐 Websitewww.lotusflare.com
📇 Address
📞 telephone

LotusFlare is a Palo Alto-based software development company that creates products for the telecommunications industry.[1] In 2018, LotusFlare has launched Digital Network Operator stack that incorporates a charging function, charging manager, and CDR manager. Converged Charging System is its SaaS component.[2]

Foundation & Investors[edit]

LotusFlare was founded in June 2014 by Sam Gadodia, Terry Guo, and Shao Xia who met while working at Facebook. The initial operations were funded by a $4 million seed investment from, among others, Social Capital, Google Ventures, and Metamorphic Ventures.[3][4]

In September 2015, LotusFlare raised a $6 million Series A investment led by Chamath Palihapitiya’s firm Social Capital. At that time he joined the company as the Chairman of the Board.[5][6]

Awards & Recognitions[edit]

2018 - Named a member of the GSMA 100, an initiative to identify the most promising growth-stage companies in key areas such as 5G and digital services.[7]

2019 - Received Leading Lights award as the Outstanding Digital Enablement Vendor for its Digital Network Operator platform.[8]

2020 - Winner of the 2020 Leading Lights Awards in the Outstanding Component Vendor category[9]

2021 - Named as Finalist in the 2021 Leading Lights Awards[10]

References[edit]

  1. "LotusFlare Company Profile". Pitchbook. Retrieved 13 January 2022.
  2. Silberberg, Chris (11 February 2022). "Technology Analysis: Converged Charging in 5G". Omdia.
  3. Perez, Sarah (1 September 2015). "LotusFlare Raises $6 Million To Help Emerging Markets Access The Mobile Internet". TechCrunch.
  4. Kosoff, Maya (1 September 2015). "Ex-Facebookers raise $6 million to bring internet to more people around the world". TechCrunch.
  5. Yeung, Ken (1 September 2015). "LotusFlare gets $6M from Social+Capital, others to make mobile Internet more accessible". TechCrunch.
  6. Lavine, Robert (4 September 2015). "LotusFlare shows way to $6m series A". TechCrunch.
  7. "GSMA Launches "GSMA 100" Initiative to Advance Next Generation of Connectivity and Digital Services". GSMA. 5 September 2018.
  8. Le Maistre, Ray (6 May 2019). "Leading Lights 2019: The Winners". Light Reading.
  9. Harvey, Phil (21 August 2020). "Leading Lights 2020: The Winners". Light Reading.
  10. Harvey, Phil (1 September 2021). "Leading Lights 2021: The Finalists". Light Reading.

External links[edit]



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