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Top 2 Communication Platform as a Service (cPaaS) Platforms Companies $100M+ Revenue (September 2026)

As of September 2026, Latka tracks 2 communication platform as a service (cPaaS) platforms companies with $100M+ in annual revenue. They have combined revenues of $244.7M and employ 1.9K people. They have raised $507M.

Every company below sells communication platform as a service (cPaaS) platforms to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Communication Platform as a Service (cPaaS) Platforms Companies do

Communication Platform as a Service (cPaaS) platforms are cloud-based solutions that enable businesses to integrate communication features into their software applications seamlessly. These platforms provide a set of APIs and tools that facilitate voice calls, messaging, video conferencing, and other communication functions, allowing organizations to enhance their customer engagement and operational workflows. By utilizing cPaaS, businesses can embed real-time communication capabilities directly within their existing systems, improving efficiency and user experience. Primary use cases for cPaaS include customer support, marketing automation, and team collaboration. Common features of cPaaS platforms include SMS messaging, video calls, interactive voice response (IVR), and analytics for monitoring communication effectiveness. Typical users range from IT professionals and software developers who implement these solutions to sales and marketing teams that leverage enhanced communication features to engage with clients more effectively.

Companies
2
Revenue
$244.7M
Funding
$507M
Employees
1.9K

Filters

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Top Communication Platform as a Service (cPaaS) Platforms Companies $100M+ Revenue

Showing 2 of 2 companies ranked by annual revenue.

1Lucid Software logo
Lucid Software

South Jordan, Utah, United States

Lucid Software is the leader in visual collaboration and work acceleration, helping teams see and build the future by turning ideas into reality. Its products include the Lucid Visual Collaboration Suite (Lucidchart and Lucidspark) and airfocus. The Lucid Visual Collaboration Suite, combined with powerful accelerators for business agility, cloud, and process transformation, empowers organizations to streamline work, foster alignment, and drive business transformation at scale. airfocus, an AI-powered product management and roadmapping platform, extends these capabilities by helping teams prioritize work, define product strategy, and align execution with business goals. The most used work acceleration platform by the Fortune 500, Lucid’s solutions are trusted by more than 100 million users across enterprises worldwide, including Google, GE, and NBC Universal. Lucid partners with leaders such as Google, Atlassian, and Microsoft, and has received numerous awards for its products, growth, and workplace culture. The company holds true to its core values, including teamwork over ego, innovation in everything we do, individual empowerment, initiative, ownership, and passion and excellence in every area. Learn more at lucid.co.

Revenue
$144.7M
Year founded
2010
Funding
$500M
Team size
1.3K
2Solace logo
Solace

Ottawa, Ontario, Canada

Solace Corporation is a technology company based in Ontario, Canada. Solace provides a messaging platform that helps businesses to distribute real-time data and information across their IT infrastructure. Their platform offers features such as event streaming, message routing, and API management, enabling businesses to deliver data in real-time to various applications and devices. Solace's platform is used by companies in various industries such as financial services, telecommunications, and transportation. The company was founded in 2001 and has since become a leading provider of event-driven architectures and messaging solutions.

Revenue
$100M
Year founded
2001
Funding
$7M
Team size
629

Frequently asked questions about Communication Platform as a Service (cPaaS) Platforms Companies $100M+ Revenue

How many communication platform as a service (cPaaS) platforms companies with $100M+ in annual revenue are there?

Latka tracks 2 communication platform as a service (cPaaS) platforms companies with $100M+ in annual revenue. Together they generate $244.7M in annual revenue and employ 1.9K people.

Which communication platform as a service (cPaaS) platforms company with $100M+ in annual revenue is the largest?

Lucid Software is the largest, with $144.7M in annual revenue, founded in 2010.

How much revenue does a typical communication platform as a service (cPaaS) platforms company with $100M+ in annual revenue make?

The average communication platform as a service (cPaaS) platforms company in this list makes $122.3M a year, across 2 companies with reported revenue.

Who are the leading Communication Platform as a Service (cPaaS) platforms vendors with $100M+ in annual revenue?

Ranked by annual revenue, the leaders are Lucid Software and Solace.

How much funding have communication platform as a service (cPaaS) platforms companies with $100M+ in annual revenue raised?

The 2 communication platform as a service (cPaaS) platforms companies with $100M+ in annual revenue tracked here have raised $507M in disclosed funding between them.

Related Development Software categories

All Development Software SaaS categoriesEvery category we track inside Development Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from Communication Platform as a Service (cPaaS) to everything else.

Inclusion Criteria

- The platform must provide APIs for integrating communication features like voice, messaging, and video. - It should enable real-time communication within existing applications. - Must support features such as SMS, voice calls, video conferencing, and chat functionalities. - The solution should appeal to multiple buyer personas, including IT departments, developers, and customer service teams. - Not just a simple messaging service; must include scalability for enterprise applications and real-time communication capabilities.