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Ribon is a technology company.
Ribbon Communications develops and supplies advanced IP and optical networking solutions, alongside secure cloud-to-edge communications software for global enterprises and service providers. The company provides a comprehensive portfolio including IP routing, optical transport, and real-time communications platforms, leveraging its expertise to deliver intelligent middle-mile and secure voice solutions. Its technical approach emphasizes robust, scalable infrastructure for modern communication demands, including 5G xHAUL and data center interconnectivity.
Ribbon Communications emerged from the strategic merger of Sonus Networks and GENBAND, officially forming in October 2017. This union combined the strengths of two established telecommunications technology companies, aiming to create a more comprehensive and competitive entity in the evolving communications landscape. The insight behind the merger was to leverage their complementary product portfolios to offer end-to-end solutions for communication networks.
The company serves a diverse global clientele, including major service providers like mobile network operators and cable operators, as well as enterprises across healthcare, finance, and education, and critical infrastructure sectors. Ribbon’s vision centers on enabling secure and resilient communications across complex network environments, striving to enhance connectivity and digital transformation for its customers in an increasingly interconnected world.
Ribon has raised $4.0M across 1 funding round.
Ribon has raised $4.0M in total across 1 funding round.
Ribon has raised $4.0M in total across 1 funding round.
Ribon's investors include Eduardo Vasconcellos, Infinity Ventures Crypto, Placeholder, Robot Ventures, Trent McConaghy, Fernando Martinelli, Gabby Dizon, 2TM, BITKRAFT Ventures, Flori Ventures, Kinetic.
Ribon is a Brazil-based social tech startup founded in 2016 that operates a philanthropy platform enabling users to donate to nonprofits without using their own money. Funds come from corporate sponsorships circulated within the app, supporting causes like health, education, culture, and entrepreneurship to combat extreme poverty, primarily through non-governmental organizations.[2][6] It serves individuals seeking seamless charitable giving and has raised $12.01M, reaching incubator/accelerator stage while integrating fintech elements like crypto for donations.[2][6]
The platform's core product, Ribon Integration, facilitates sponsored donations via mobile app, distinguishing it in the fintech-philanthropy space by eliminating donor costs and partnering with sponsors for funding.[2]
Ribon emerged in 2016 in Brasilia, Brazil, as a mission-driven startup tackling barriers to charitable giving in emerging markets.[2] Founders leveraged insights into fintech and social impact to create a model where sponsorships—rather than personal funds—fuel donations, gaining early traction through app-based virality and focus on poverty eradication.[2][6] Key milestones include a $3.5M funding round in 2023 to incorporate crypto, enhancing global accessibility and fixing inefficiencies in traditional philanthropy.[6] Headquartered at Ed. Victoria Office Tower in Brasilia, it has sustained growth as an alive-stage company in the incubator/accelerator phase.[2]
Ribon rides the fintech for social good wave, blending mobile apps, crypto, and philanthropy amid rising demand for accessible giving in Latin America and beyond.[2][6] Timing aligns with post-2020 crypto adoption and ESG investing, where market forces like digital wallets and sponsor incentives favor zero-barrier models over traditional donations.[2] It influences the ecosystem by pioneering sponsored micro-philanthropy, inspiring fintech hybrids that empower users in emerging economies and challenging legacy charity platforms with tech-driven efficiency.[2][6]
Ribon is poised to expand via crypto enhancements and international sponsorships, targeting deeper fintech integrations and APAC/LATAM growth amid rising social impact investing.[2][6] Trends like AI-personalized giving and Web3 donations will amplify its model, potentially evolving it into a global philanthropy infrastructure layer. As a nimble player with $12M+ raised, Ribon's sponsor-funded approach positions it to redefine accessible charity, scaling impact without donor friction.[2]
Ribon has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $4.0M Seed | Eduardo Vasconcellos | Infinity Ventures Crypto, Placeholder, Robot Ventures, Trent McConaghy, Fernando Martinelli, Gabby Dizon, 2TM, BITKRAFT Ventures, Flori Ventures, Kinetic |