LotusFlare

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 on Palo Alto, California.[4]

LotusFlare
IndustryTelecommunications
Headquarters
Palo Alto, California
,
United States
Websitewww.lotusflare.com

Background

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

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

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

References
  1. 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. "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".
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