iconectiv develops market-leading solutions that enable operators to interconnect networks, devices, and applications and is a global leader in numbering solutions. Its systems are used by more than 1,200 service providers, regulators, enterprises, and content providers and enable interconnection for over two billion people every day. The company was built on assets from Telcordia (acquired by Ericsson in 2012) and is headquartered in the United States. iconectiv was designated by the U.S. Federal Communications Commission to serve as the Local Number Portability Administrator in the U.S. The company is pursuing accelerated growth and further development under a new partnership between Ericsson and Francisco Partners. Financially, Francisco Partners will invest USD 200 million for a 16.7% stake at an implied valuation of approximately USD 1.20 billion, with the USD 200 million transferred to Ericsson as a dividend.

Total raised

$200M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2017