Norwood Systems revenue hit $2.9M in 2024

Norwood Systems generates revenue from customers

Norwood Systems

Perth, Western Australia, Australia

About Company RevenueTeamFounder/CEOCEO Net Worth

How Norwood Systems hit $2.9M revenue with a 26 person team in 2023.

Developer of telecommunication platforms designed to deliver disruptive end-user communications apps that streamline and simplify how users around the world can access affordable and quality telecommunications services. The company's platforms offer voice, messaging and data services which makes communication more cost-effective, easier to manage and regulatory compliant, enabling clients to connect their smartphone effortlessly and simply to local networks around the world to get quality connections, clear and secure conversations for a fraction of international roaming costs.

Founded

2000

Founded

Revenue

$2.9M

2023 Revenue

YOY

32.2%

YOY

Funding

$5.8M

Funding

Norwood Systems Revenue

In 2023, Norwood Systems revenue run rate hit $2.9M in revenue.

  • 2023

    Norwood Systems hit $2.9M in revenue in 2023

  • 2021

    Norwood Systems hit $1.8M in revenue in 2021

  • 2000

    Norwood Systems launched in 2000 with $0 revenue

Norwood Systems Funding History


No funding has been reported for Norwood Systems yet.

Team

Norwood Systems has 26 total employees and 1 sales reps that carry a quota. an engineering team of 6 and a marketing team of 3.

DISTRIBUTION QTY
Total team size 26
Engineer 6 (23%)
Sales 1 (4%)
Marketing 3 (12%)

Founder / CEO

Paul Ostergaard

The Founder of Norwood Systems and the man, who along with Co-founder, David Wilson, pioneered the development the company’s current cloud services offering Corona®, a system that effectively delivers the world’s most advanced international roaming solution through local non-cellular networks. Responsible for the company’s overall strategic direction, planning and day-to-day running, he founded Norwood Systems in 2011 with the vision to create the world’s best private cloud communications platform, servicing enterprise’s growing need for mobile connectivity. Paul has a 25-year track record of success and innovation in the high-technology sector, having worked in senior executive roles in start-ups and large corporations across the North American, European and Asia-Pacific regions. Prior to Norwood Systems, Paul founded several companies in the wireless communications sector including the original Norwood Systems Ltd, the award-winning technology pioneer in fixed mobile convergence platforms, founded in 1999. Previously, Paul headed the global platform marketing strategy for a $1billion systems platform at 3Com Corporation, leading the platform’s brand and core technology development across seven divisions and 37 product lines. During his tenure at 3Com, worldwide market share for this platform increased to an all-time peak of 35% with sales increasing at an average of 50% p.a. to reach $1.2 billion in annual revenue. He was previously a finalist in the Ernst & Young Entrepreneur of the Year competition (London region) and has been invited to speak at events such as Catalyst, ETRE and the Bluetooth SIG conferences. Paul holds a Bachelor of Electronic Engineering from the University of Western Australia and an MBA from INSEAD.

Q&A

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Customers

Churn

Norwood Systems Executives

Name Position Working Email Personal Email
Paul Ostergaard CEO [email protected] -

Norwood Systems Employees

Name Position Working Email Personal Email
Paul Ostergaard CEO [email protected] -

Frequently Asked Questions about Norwood Systems

  • When was Norwood Systems founded?

    Norwood Systems was founded in 2000.

  • How much revenue does Norwood Systems generate?

    Norwood Systems generates $2.9M in revenue.

  • Who is the CEO of Norwood Systems

    The CEO of Norwood Systems is Paul Ostergaard.

  • How much funding does Norwood Systems have?

    Norwood Systems raised $5.8M.

  • How many employees does Norwood Systems have?

    Norwood Systems has 26 employees.

  • Where is Norwood Systems headquarters?

    Norwood Systems is headquartered at Perth, Western Australia, Australia

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