Sohonet
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 6.8m | 8.2m | 8.4m | 8.7m | 9.2m | 10.8m | 11.1m |
% growth | 16 % | 21 % | 3 % | 3 % | 6 % | 17 % | 3 % |
Profit | <1m | (<1m) | (<1m) | (1.5m) | (1.4m) | (<1m) | <1m |
% profit margin | 6 % | (5 %) | (2 %) | (17 %) | (15 %) | (1 %) | 5 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $2.0m | Early VC | |
£110k | Grant | ||
N/A | Grant | ||
N/A | Growth Equity VC | ||
N/A | £191k | Grant | |
N/A | £4.5m | Debt | |
N/A | Growth Equity VC | ||
Total Funding | $2.4m |
Recent News about Sohonet
EditSohonet operates in the media and entertainment industry, providing specialized cloud services designed to facilitate secure and rapid collaboration among professionals. The company serves over 400 clients globally, including major studios and production houses, by offering a suite of innovative solutions that address the unique challenges of the industry. Sohonet's core offerings include ClearView Pivot, a high-quality, low-latency remote screening and review tool, and the Sohonet Hub, a platform for seamless global collaboration. The business model revolves around subscription-based services and bespoke solutions tailored to the needs of its clients. Revenue is generated through recurring subscription fees and custom service agreements. Sohonet's market is characterized by rapid technological advancements and a growing demand for secure, efficient collaboration tools. The company leverages its extensive network and cutting-edge technology to stay ahead of these trends, ensuring its clients can meet their production deadlines and quality standards.
Keywords: media-specific cloud services, secure collaboration, global network, ClearView Pivot, Sohonet Hub, remote screening, low latency, subscription-based, bespoke solutions, media and entertainment.