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BroadSoft
BroadSoft is a single-family office in Gaithersburg, Maryland, managing wealth from the 2018 sale of BroadSoft Inc. to Cisco Systems.
BroadSoft
BroadSoft operates as a single-family office in Gaithersburg, Maryland, formed from the wealth created by the founders of BroadSoft Inc., a telecommunications software firm that went public in 2010 and was acquired by Cisco Systems in 2018 for $1.9B. The office maintains a low public profile, consistent with many technology-founder family offices that value discretion. The investment strategy focuses on preserving and growing the family's capital through a diversified allocation. Likely asset classes include public equities, private investments in enterprise software and telecommunications, and real estate holdings in the Maryland-DC corridor. The office may also participate in direct co-investments with GPs or other family offices, though no specific deals or portfolio companies are publicly documented. The team size and organizational structure remain undisclosed. No recent operational events, philanthropic foundations, or adjacent vehicles have been publicly reported. The office's limited visibility suggests a lean operation, typical for a single-family office managing a single liquidity event. BroadSoft's structural differentiator is its proximity to the telecom and enterprise software sectors where the founding family generated its wealth — a domain advantage that may inform private investment decisions. The office's preference for operational anonymity sets it apart from more visible family offices that actively market their deal flow or co-investment capabilities.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Gaithersburg
Corporate office
Gaithersburg, MD, United States
Sector focus
Frequently asked questions
Who founded BroadSoft and what is the source of the family's wealth?
BroadSoft was founded by Michael Tessler and Scott Hoffpauir in 1998. The company provided hosted unified communications software to telecom operators. Cisco Systems acquired BroadSoft for $1.9B in 2018, creating a significant liquidity event that underpins the family office's capital base (per public record).
How does BroadSoft invest its capital?
The family office maintains a diversified portfolio likely spanning public equities, private investments in enterprise software and telecommunications, and real estate. Its sector expertise in telecom and cloud infrastructure may inform direct deals, though no specific allocations or portfolio companies have been publicly disclosed.
Is BroadSoft a single-family office or a multi-family office?
BroadSoft operates as a single-family office, dedicated to managing the wealth generated by the BroadSoft founders and their family. There is no indication it serves external clients or operates as a multi-family office.
What investment stages does BroadSoft target?
Based on its profile as a tech-founder family office, BroadSoft likely invests across stages — from growth equity in private companies to public equities and real estate. The office may also participate in venture capital or late-stage private placements, but its specific stage preferences are not publicly documented.
Does BroadSoft have any philanthropic structures?
No philanthropic foundations or charitable vehicles have been publicly associated with BroadSoft or its founding family. The office maintains a low public profile, and any such structures may exist but remain undisclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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