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Vumatel

company

About

Vumatel is an open access fibre to home network operators in South Africa.

  • 51 - 100

Highlights

Funding Rounds
1
Investors
1

Details

Last Funding Type
Series Unknown
Industries
Internet,Telecommunications,Wired Telecommunications
Founded date
Jan 1, 2014
Number Of Employee
51 - 100
Operating Status
Active

Vumatel is one of the leading, open access, Fibre-to-the-Home network operators in South Africa.

VUMA installs and operates a true OPEN ACCESS fibre network. This means accredited service providers may make use of the fibre to supply services (data, VOIP, IPTV) to their customers. Service providers compete on a level playing field for the consumer. This gives the consumer more choice, and allows them to select a service provider and package that is right for them. It is also easy to switch from poor performing providers.

VUMA’s network is capable of delivering up to 1 gigabit per second of broadband to homes at ADSL prices.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
—
Vumatel has raised a total of — in funding over 2 rounds. Their latest funding was raised on Oct 14, 2015 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 14, 2015 Series Unknown — 1 Investec — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Vumatel is funded by 1 investors. Investec are the most recent investors.
Investor Name Lead Investor Funding Round
Investec Yes Series Unknown
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