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Vumatel
company
About
Vumatel is an open access fibre to home network operators in South Africa.
- 51 - 100
Highlights
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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