Investors

Since its incorporation in 2003, Tribold has attracted funding that has enabled the business to grow at an impressive rate.

In December 2004, Tribold was delighted to welcome Jonathan McKay (Chairman, Exony and Oblicore) and Roger Keenan (founder, Eyretel Limited) as private equity investors

Jonathan McKay  joined the board as Chairman and Roger Keenan joined Tribold’s advisory board.
 

In July 2005, Eden Ventures selected Tribold Limited as the latest investment from its newly formed £32 Million early stage technology private equity fund. Mark Farmer and Mark Caroe, of Eden Ventures, joined the Board as Non Executive Directors.

In March 2006, Tribold received a further round of investment capital from Eden Ventures specifically to accelerate expansion of operations and customer acquisition. The funding came from the £50 million ‘Eden One’ early stage technology private equity fund and follows initial investment by Eden Ventures in July 2005. Eden is able to apply their considerable experience in the communications industry software market to this investment. Experience gained with some of the hottest companies in the industry, companies like Apertio and Cramer Systems.

"The company is fast gaining traction with some of the world’s largest communications services companies as they see the clear advantages of its approach to product management. Tribold is solving one of the sector’s most pressing challenges." said Mark Farmer, General Partner, Eden Ventures.

In March 2007, Tribold received a syndicated $15 million Series B funding round with new investors DFJ Esprit and existing investors, Eden Ventures.

As part of the investment, DFJ Esprit Nic Brisbourne joined the Tribold board.

“Tribold is an exciting new communications industry software applications company, with a rapidly growing portfolio of telecoms customers.  What is more, the market is still in its embryonic stages and we see this as an excellent opportunity to achieve a dominant share of this emerging sector. We were also attracted by the experience of Tribold’s excellent board, especially the pedigree of the CEO, Simon Muderack and CTO, Catherine Michel. We believe the success of our investment is assured,” said Nic Brisbourne, Partner at DFJ Esprit. 

In 2008 Tribold received US$11M in a  Series C new round of funding led by Intel Capital and joined by existing investors, DFJ Esprit and Eden Ventures. The funding will be used to grow Tribold’s North American operations, add key members to its management team, build on Tribold’s existing sales and marketing resources and allow the company to continue to invest in significant research and development to expand its’ product footprint..

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