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Rivermine - About the company

Rivermine is an acqui-hired company based in Fairfax (United States), founded in 1999 by Kevin Dunetz. It operates as a Telecom expense management. Rivermine has raised $28.7M in funding from SoftBank Capital. The company has 45 active competitors, including 5 funded and 17 that have exited. Its top competitors include companies like Tangoe, Visage Mobile and AnchorPoint.

Company Details

Rivermine Software provides software solutions to automate the telecom expense management (TEM) lifecycle of voice, data and wireless telecom expenses. Also automates contract sourcing, ordering, invoice processing and auditing, inventory and asset management and network optimization, analytics and reporting. Was previously known as Telco Exchange.
Social
X
Key Metrics
Founded Year
1999
Location
Fairfax, United States
Stage
Acqui-Hired
Total Funding
$28.7M in 4 rounds
Latest Funding Round
Ranked
Employee Count
7 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
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Rivermine's funding and investors

Rivermine has raised a total funding of $28.7M over 4 rounds. Its first funding round was on 2003. Its latest funding round was a Series C round on Jan 27, 2009 for $*****. 4 investors participated in its latest round. Rivermine has 7 institutional investors.

Here is the list of recent funding rounds of Rivermine:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2009
9760511
Series C
2933551
3874107
5724059
3980460
Jun 25, 2007
1498339
Series C
2421264
1396009
8228524
May 31, 2005
8073637
Series B
2471672
1828317
7920407
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Rivermine's founders and board of directors

Founder? Claim Profile
The founders of Rivermine is Kevin Dunetz.
Here are the details of Rivermine's key team members:

Rivermine's employee count trend

Rivermine has 7 employees as of Sep 26. Here is Rivermine's employee count trend over the years:
Employee count trend for Rivermine
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Rivermine's Competitors and alternates

Top competitors of Rivermine include Tangoe, Visage Mobile and AnchorPoint. Here is the list of Top 10 competitors of Rivermine, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tangoe
Tangoe
2000, Boulevard (United States), Acquired
Cloud based platform offering IT expense life cycle management software
$34.2M
62/100
2nd
Logo for Visage Mobile
Visage Mobile
2001, Larkspur (United States), Acquired
Enterprise mobile management solution
$103M
54/100
3rd
Logo for AnchorPoint
AnchorPoint
1984, Framingham (United States), Acquired
Telecom Expense Management solutions provider
-
-
43/100
4th
Logo for Navita
Navita
2003, Sao Paulo (Brazil), Acquired
MDM & TEM solution for enterprise security and mobility
-
40/100
5th
Logo for MHC
MHC
1980, Burnsville (United States), Acquired
Enterprise automation software solutions provider
-
40/100
6th
Converged telecommunication management and analysis solutions provider
-
39/100
7th
Logo for Rivermine
Rivermine
1999, Fairfax (United States), Acqui-Hired
Telecom expense management
$28.7M
39/100
8th
Logo for Simplex Mobility
Simplex Mobility
2011, Edmonton (Canada), Acquired
Telecom expense management solutions provider
-
-
37/100
9th
Logo for MobiChord
MobiChord
2013, Salt Lake City (United States), Acqui-Hired
TEM & EMM solutions provider
$6.5M
36/100
10th
Logo for Advantage Communications Group
Advantage Communications Group
2001, New York City (United States), Unfunded
Global managed services provider optimizing enterprise connectivity across networking, cloud, and cybersecurity
-
-
35/100
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Rivermine's Investments and acquisitions

Rivermine has acquired MBG Expense Management. Rivermine has not made any investments as of now.

Reports related to Rivermine

Here is the latest report on Rivermine's sector:

News related to Rivermine

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The Business Journals•Rivermine, Columbia Capital, Valhalla Partners, Longworth Venture Partners and 1 other
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The Business Journals•Rivermine, Valhalla Partners, Longworth Venture Partners, Columbia Capital and 1 other
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