When was ShoreTel founded?

ShoreTel was founded in 1996 and raised its 1st funding round 2 years after it was founded.

Where is ShoreTel located?

ShoreTel is headquartered in Sunnyvale, United States.

How many employees does ShoreTel have?

As of Mar 01, 2026, the latest employee count at ShoreTel is 10 - 49.

Is ShoreTel a funded company?

ShoreTel is a funded company, having raised a total of $88.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jul 28, 1998.

How much is ShoreTel worth?

The last known valuation of ShoreTel was $***** as of Jul 27, 2017.

When was the latest funding round of ShoreTel?

ShoreTel's latest funding was a $***** Series D round on Jan 22, 2003, with participation from 5 investors.

What is the annual revenue of ShoreTel?

Annual revenue of ShoreTel is between $100M and $500M as on Jun 30, 2017

Where does ShoreTel rank among its competitors?

ShoreTel ranks 154th amongst 3976 active competitors, of which 363 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Genesys, which secured $25M in Aug, 2026.

Who are the top competitors of ShoreTel?

ShoreTel's top competitors include Slack, RingCentral and Freshworks. Among them, Genesys secured the most recent funding round in August, 2026.

ShoreTel - 2026 Company Profile, Funding, Competitors & Financials

Q: Is ShoreTel an acquired company?

ShoreTel got acquired by Mitel on Jul 27, 2017.

Company Details

Shoretel provides IP phone systems and unified communications solutions for on-premises, cloud and hybrid environments. The company offers integrated voice, video, data, and mobile applications. It also provides ShoreTel Mobility for smartphone users that allows the user to communicate from any location, ShoreTel Communicator that enables to communicate through video, voice, and instant messaging, conferencing and collaboration solutions.

Website: shoretel.com
Social

Key Metrics

Founded Year

1996

Location

Sunnyvale, United States

Stage

Acquired

Total Funding

$88.3M in 4 rounds

Latest Funding Round

Series D, Jan 22, 2003, $*****

Last Known Valuation

$***** as on Jul 27, 2017

Investors

Icon Ventures & 10 more

Ranked

154^th among 3976 active competitors

Annual Revenue

$100M - $500M as on Jun 30, 2017

Employee Count

10 - 49 as on Mar 01, 2026

Investment & Acquisitions

CorvisaCloud & 5 more

Similar Companies

Slack & 4304 more

Exit Details

Acquired by Mitel (Jul 27, 2017)

View ShoreTel's full profile

ShoreTel is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SHORETEL INC CIN: 1388133 , United States, Active		$100M - $500M (As on Jun 30, 2017)	-	-

ShoreTel got acquired by Mitel on Jul 27, 2017 at an acquisition amount of $*****.

Click here to take a look at ShoreTel's acquisition in detail

ShoreTel has raised a total funding of $88.3M over 4 rounds. Its first funding round was on Jul 28, 1998. Its latest funding round was a Series D round on Jan 22, 2003 for $*****. 5 investors participated in its latest round. ShoreTel has 11 institutional investors.

Here is the list of recent funding rounds of ShoreTel:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2003	4992266	Series D	4019083	9785432	5197419	2511734
Jun 25, 2001	7401687	PE	5858266	1379140	8880944	Lehman Brothers & 6 more
Jan 19, 2000	6968597	Series C	6863668	3883399	4031085	J P Morgan & 6 more

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View details of ShoreTel's funding rounds and investors

ShoreTel's employee count trend

ShoreTel has 10 - 49 employees as of Mar 26. Here is ShoreTel's employee count trend over the years:

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Top competitors of ShoreTel include Slack, RingCentral and Freshworks. Here is the list of Top 10 competitors of ShoreTel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Slack 2009, San Francisco (United States), Acquired	Developer of communication software for team collaboration and project management	$1.22B	Dragoneer Investment Group, Spark Capital ... & 69 others	89/100
2nd	RingCentral 1999, Belmont (United States), Acquired	Cloud based platform offering unified communication solutions	$44M	IVP, Altimeter Capital & 59 others	86/100
3rd	Freshworks 2010, Chennai (India), Public	Provider of IT service management and customer support solutions	$400M	Accel, Tiger Global Management & 9 others	84/100
4th	Skype 2002, Luxembourg, Acquired	VoIP Software application	$26.8M	Index Ventures, DFJ & 19 others	81/100
5th	Sinch 2008, Stockholm (Sweden), Public	Provider of customer communications management platform	$12M	SoftBank Group, Temasek & 8 others	80/100
6th	Genesys 1990, Menlo Park (United States), Acquired	Provider of cloud-based platform for customer experience and workforce engagement	$3B	Hellman & Friedman, Salesforce Ventures & 18 others	80/100
7th	Zendesk 2007, San Francisco (United States), Acquired	Cloud based customer service and engagement platform for businesses	$89.1M	Redpoint Ventures, Skylark Invest & 20 others	79/100
8th	Agora 2014, Guangzhou (China), Public	Cloud based customer engagement platform	$55M	Coatue, Morningside & 16 others	79/100
9th	Dialpad 2011, San Ramon (United States), Series F	Provider of AI-powered contact center and unified communications platform solutions	$476M	ICONIQ Growth, Amasia & 44 others	79/100
10th	Twilio 2008, San Francisco (United States), Public	Cloud based omnichannel communication and customer engagement platform	$240M	T. Rowe Price, Fidelity Investments & 40 others	78/100
154th	ShoreTel 1996, Sunnyvale (United States), Acquired	IP phone systems and unified communications solutions	$88.3M	Icon Ventures, Tenaya Capital & 9 others	52/100

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ShoreTel has made 1 investments in companies including Lavelle Network. ShoreTel has also acquired 5 companies including CorvisaCloud and Corvisa.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 22, 2015	Acquisition	CorvisaCloud	2012	Milwaukee (United States)
Dec 21, 2015	Acquisition	Corvisa	2011	Milwaukee (United States)
May 20, 2015	Investments	Lavelle Network	2015	Bengaluru (India)