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LotusFlare

From Wikipedia, the free encyclopedia
LotusFlare
IndustryTelecommunications
Headquarters,
United States
Websitewww.lotusflare.com

LotusFlare is a software development company focused on creating products for the telecommunications industry and providing SaaS products to enterprises.[1][2][3] The company is based in Palo Alto, California.[4]

Background[edit]

LotusFlare was founded in June 2014 by Sam Gadodia, Terry Guo, and Shao Xia, who met while working at Facebook.[5] The initial operations were funded by a $4 million seed investment from, among others, Social Capital, Google Ventures, and Metamorphic Ventures.[6][7]

In September 2015, the company raised a $6 million Series A investment led by Chamath Palihapitiya's firm Social Capital.[8][1] At that time, he joined the company as the chairman of the board.[8]

Awards and recognition[edit]

2019: Received the Leading Lights Award as the Outstanding Digital Enablement Vendor for its Digital Network Operator platform.[9]

2020: Winner of the 2020 Leading Lights Award in the Outstanding Component Vendor category.[10]

References[edit]

  1. ^ a b Fried, Ina (2015-09-01). "LotusFlare Gets $6 Million to Fund Quest to Bring Mobile Data to Emerging Markets". Vox. Retrieved 2024-06-17.
  2. ^ Kosoff, Maya. "Ex-Facebookers raise $6 million to bring internet to more people around the world". Business Insider. Retrieved 2024-06-17.
  3. ^ Yeung, Ken (2015-09-01). "LotusFlare gets $6M from Social+Capital, others to make mobile Internet more accessible". VentureBeat. Retrieved 2024-06-17.
  4. ^ "Lotusflare Inc – Bloomberg". www.bloomberg.com. Retrieved 2024-06-17.
  5. ^ Kosoff, Maya. "Ex-Facebookers raise $6 million to bring internet to more people around the world". Business Insider. Retrieved 2024-06-17.
  6. ^ Perez, Sarah (2015-09-01). "LotusFlare Raises $6 Million To Help Emerging Markets Access The Mobile Internet". TechCrunch. Retrieved 2024-06-17.
  7. ^ Lavine, Robert (2015-09-04). "LotusFlare shows way to $6m series A". Global Venturing. Retrieved 2024-06-17.
  8. ^ a b "Chamath Palihapitiya – Chairman at LotusFlare". THE ORG. Retrieved 2024-06-17.
  9. ^ "Leading Lights 2019 Finalists: Outstanding Digital Enablement Vendor".
  10. ^ "Light Reading's Leading Lights 2020: The Finalists".