Investor directory

Verizon

Verizon Communications Inc. is a leading telecommunications company headquartered in New York, founded in 1983. It offers a wide array of communication, information, and entertainment products and services to consumers, businesses, and government entities globally. The Consumer segment provides various service plans, internet access, wireless devices, and residential connectivity solutions, including broadband and video services. As of the latest data, Verizon serves approximately 102 million wireless retail connections and millions of broadband and video connections. The Business segment delivers network connectivity products, voice services, unified communications, and data solutions, supporting a diverse range of enterprise needs. Verizon also focuses on innovation through strategic partnerships and initiatives, such as 5G development and venture investments in emerging technologies. With a robust wireless network and extensive service offerings, Verizon plays a crucial role in enhancing connectivity and driving technological advancement.

Focus

Scale StageEarly VentureSeries BSeries AAcquisitionShow more
http://verizonopeninnovation.com
http://www.verizon.com
http://www.verizonfoundation.org
http://www.verizonvehicle.com
http://www.verizonventures.com
http://www.verizonwireless.com
https://crunchbase.com/organization/verizon
https://facebook.com/verizon
https://linkedin.com/company/verizon-wireless
https://signal.nfx.com/firms/verizon-ventures
https://twitter.com/verizon
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=112161125
https://www.privateequityinternational.com/database/#/profile?id=19106

Robert A. Varettoni

Executive Director, Media Relations

Past deals in Communications Infrastructure

Casa Systems

Post in 2022
Casa Systems, Inc. is a communications technology company that specializes in providing advanced solutions for broadband and wireless networks across various global regions, including North America, Latin America, Europe, and Asia-Pacific. Founded in 2003 and headquartered in Andover, Massachusetts, the company offers a range of products, including converged cable access platforms, wireless network core products, optical access solutions, and devices for fixed wireless access. Its technology supports next-generation network architectures, enabling cable operators to deliver interactive digital video and broadband IP services efficiently. Casa Systems also provides third-generation DOCSIS products and intelligent video processing solutions, allowing for the seamless integration of video and IP data services. The company focuses on utilizing disruptive technologies to enhance network performance and meet the evolving demands of the telecommunications market.

Origin Wireless

Venture Round in 2021
Origin Wireless is a m2m (machine to machine) services company providing solutions to various industries and verticals. Specializing in communication platforms for service related B2B (business to business) and B2C (business to consumer) solutions. These services may include risk assessment and monitoring, customer service communication and monitoring, integrated management and reporting services, end-user gateways and dashboards.

Straight Path Communications

Acquisition in 2017
Straight Path Communications Inc. owns and licenses millimeter wave spectrum configured for 5G wireless services for the United States. The company offers its services for mobile network operators and internet service providers. The company was incorporated in 2013 and is based in Glen Allen, Virginia. As of February 28, 2018, Straight Path Communications Inc. operates as a subsidiary of Verizon Communications Inc.

XO Holdings

Acquisition in 2016
XO Holdings operates through its subsidiary, XO Communications, LLC, which provides a range of telecommunications services in the United States and internationally. The company manages an integrated fiber optic network that delivers various networking solutions, including bandwidth on demand, wide area networking, and Internet access. It specializes in unified communications, offering services such as hosted PBX, voice over IP, and traditional voice services. Additionally, XO Communications provides cloud computing, colocation, and managed services, along with security solutions and wholesale services targeting telecommunications carriers and other service providers. Its clientele includes enterprise, small, and medium businesses across various sectors, such as finance, healthcare, media, and retail. Founded in 2000 and headquartered in Herndon, Virginia, XO Communications operates as a subsidiary of Verizon Communications Inc.

Zenverge

Series E in 2013
Zenverge is a fabless semiconductor company specializing in the development of integrated circuits (ICs) that facilitate content storage, playback, and interoperability for digital media products. The company’s solutions are tailored to meet the advanced requirements of digital media across various sectors, including set-top boxes, media gateways, Blu-ray players, HDTVs, and media PCs. Led by a team of experienced industry professionals, Zenverge has a proven track record of delivering innovative technologies that enhance the end-to-end media flow from broadcasting to home devices. The company's products aim to connect broadcast content with IP-enabled devices, addressing the growing demand for seamless digital media experiences. Zenverge operates as a privately held entity with support from prominent investors.

Zenverge

Venture Round in 2012
Zenverge is a fabless semiconductor company specializing in the development of integrated circuits (ICs) that facilitate content storage, playback, and interoperability for digital media products. The company’s solutions are tailored to meet the advanced requirements of digital media across various sectors, including set-top boxes, media gateways, Blu-ray players, HDTVs, and media PCs. Led by a team of experienced industry professionals, Zenverge has a proven track record of delivering innovative technologies that enhance the end-to-end media flow from broadcasting to home devices. The company's products aim to connect broadcast content with IP-enabled devices, addressing the growing demand for seamless digital media experiences. Zenverge operates as a privately held entity with support from prominent investors.

Zenverge

Series D in 2011
Zenverge is a fabless semiconductor company specializing in the development of integrated circuits (ICs) that facilitate content storage, playback, and interoperability for digital media products. The company’s solutions are tailored to meet the advanced requirements of digital media across various sectors, including set-top boxes, media gateways, Blu-ray players, HDTVs, and media PCs. Led by a team of experienced industry professionals, Zenverge has a proven track record of delivering innovative technologies that enhance the end-to-end media flow from broadcasting to home devices. The company's products aim to connect broadcast content with IP-enabled devices, addressing the growing demand for seamless digital media experiences. Zenverge operates as a privately held entity with support from prominent investors.

CloudSwitch

Acquisition in 2011
CloudSwitch specializes in developing cloud management software aimed at enhancing the efficiency and usability of cloud services for businesses. By providing tools that simplify the integration and management of cloud resources, CloudSwitch enables organizations to optimize their cloud strategies and improve operational performance. The company's solutions are designed to facilitate seamless transitions between on-premise infrastructures and various cloud environments, ensuring that businesses can leverage the benefits of cloud computing while maintaining control over their data and applications. With a focus on delivering practical and effective cloud solutions, CloudSwitch plays a significant role in helping organizations navigate the complexities of cloud adoption and management.

Verizon

Series B in 2010
Verizon Communications Inc. is a major player in the telecommunications industry, offering a wide range of communication, information, and entertainment services to consumers, businesses, and governmental entities globally. The company operates America’s largest wireless network, serving over 108 million retail connections, and provides both postpaid and prepaid service plans, as well as Internet access and wireless devices, including smartphones and tablets. Its residential services include Internet, video, and voice solutions, while its business segment offers network connectivity products, Internet protocol-based voice services, and various management and data security services. Verizon is also involved in innovation through strategic partnerships and investments in emerging technology companies. Founded in 1983 and headquartered in New York, Verizon has evolved from its origins as Bell Atlantic Corporation and continues to shape the way people and organizations connect.

MCI

Acquisition in 2005
MCI Communications was the second-largest long-distance telecommunications service provider in the U.S. until its purchase by WorldCom. MCI was founded in 1963 and operated microwave relay stations and provided two-way radio services to truck drivers and barges. The company grew with a strategy of mergers and acquisitions, and by going public with large amounts of capital being available at its disposal. By 1990, MCI was the second-largest telecommunications company in the U.S. The company ran into difficulty as a result of U.S. regulatory laws and in 1997 the company was purchased by WorldCom in a deal worth US$ 34.7 million.