8x8

8x8

Hosted VoIP - Communications and Collaboration Solutions. Learn more

Launch date
Employees
Market cap
AUD373m
Enterprise valuation
AUD909m (Public information from Sep 2024)
Campbell California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues532m638m744m729m721m736m768m
% growth19 %20 %17 %(2 %)(1 %)2 %4 %
EBITDA(101m)(106m)(14.0m)34.9m94.3m106m100m
% EBITDA margin(19 %)(17 %)(2 %)5 %13 %14 %13 %
Profit(166m)(175m)(73.1m)(67.6m)(35.8m)(19.8m)-
% profit margin(31 %)(27 %)(10 %)(9 %)(5 %)(3 %)-
EV / revenue6.8x2.8x0.5x0.3x0.1x0.0x-0.1x
EV / EBITDA-36.0x-17.1x-23.8x6.2x0.9x0.3x-0.4x
R&D budget92.0m112m146m136m---
R&D % of revenue17 %18 %20 %19 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

N/A

IPO
N/A

$5.2m

Post IPO Equity
*
N/A

$126m

Post IPO Equity
N/A

$122m

Post IPO Equity
*

$250m

Post IPO Debt
*

$200m

Post IPO Debt
Total Funding-

Recent News about 8x8

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More about 8x8info icon
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8x8, Inc. is a prominent player in the cloud communications and collaboration market, offering a comprehensive suite of services designed to enhance business communications. The company operates globally, serving clients in over 55 countries with enterprise-grade solutions. Its primary clientele includes businesses of all sizes, from small enterprises to large corporations, seeking reliable and integrated communication tools.

8x8's core offering is the 8x8 Experience Communications Platform, which unifies customer engagement and internal communications into a single, all-in-one platform. This platform includes voice, video, chat, contact center, and enterprise-class API solutions. The company is recognized for its superior call quality, which ensures natural-sounding conversations, and its robust 24/7/365 customer support, available in multiple languages and provided by teams around the world.

The business model of 8x8 revolves around a subscription-based service, where clients pay a recurring fee for access to its cloud-based communication tools. This model ensures a steady revenue stream and allows for scalability as clients' needs grow. Additionally, 8x8 offers customized solutions tailored to specific business requirements, further enhancing its value proposition.

8x8 makes money primarily through these subscription fees, but also through value-added services such as advanced analytics, which provide insights into customer and employee interactions. These analytics help businesses make smarter decisions and improve their customer experience (CX) goals.

The company is committed to high standards of security and compliance, with end-to-end encryption and certifications to meet rigorous compliance standards. This commitment is crucial for businesses that handle sensitive information and require secure communication channels.

In summary, 8x8 is a leader in cloud communications, offering a reliable, secure, and integrated platform that helps businesses improve their communication and engagement strategies.

Keywords: cloud communications, collaboration, enterprise-grade, global support, subscription-based, analytics, customer engagement, secure, customizable, compliance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by 8x8

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Wavecell
ACQUISITION by 8x8 Jul 2019
Mariana
ACQUISITION by 8x8 May 2018
Fuze
ACQUISITION by 8x8 Dec 2021