The Goldman Sachs Group, Inc., established in 1869, is a global leader in investment banking, securities, and investment management. It operates in four primary segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The company provides a wide range of services, including financial advisory services for mergers and acquisitions, underwriting services for various securities, client execution services for fixed income, currencies, commodities, and equities, securities services, and wealth advisory services. It serves a diverse client base comprising corporations, financial institutions, governments, and high-net-worth individuals. Additionally, Goldman Sachs invests in a broad array of asset classes, including debt securities, equity securities, real estate, and private equity, demonstrating its commitment to driving growth and innovation across industries.
Managing Director, Asia Pacific Healthcare and Life Sciences Investing
Kaixun Zhang
Managing Director
Teresa Mattamouros
Managing Director, Asset and Wealth Management (Infrastructure Fund)
Tanner Mahoney
Vice President
Ben Fife
Vice President - GS Growth
Past deals in Telecommunications
Ubiquity
Debt Financing in 2024
Ubiquity is a business that invests in, develops, and administers digital communication infrastructure. It provides customers with options and encourages competition, both of which are critical components of empowering communities for the future. Ubiquity invests in and operates a portfolio of companies involved in digital infrastructure, such as communications networks and smart city technologies. biquity's goal is to invest in, develop, and manage the critical communications infrastructure necessary to create truly smart cities where resource efficiency, sustainability, and quality of life are prioritized. The company seeks to facilitate the adoption of advanced technologies in urban areas.
Melita
Acquisition in 2024
Melita Limited is a Maltese telecommunications company that offers a range of converged services to households and businesses. Established in 1991 and headquartered in Birkirkara, the company provides internet, mobile network, and high-definition digital television services through its advanced hybrid fiber-coaxial cable and 4.5G mobile networks. Melita's offerings include fixed-line telephony and seamless Wi-Fi mesh networks, aiming to enhance connectivity for its customers. The company operates a co-location data center built to Tier 3 specifications and owns an undersea submarine optical fiber cable, facilitating robust communication services. Melita serves its clients through various retail shops located in Valletta, Naxxar, Sliema, and Gozo, as well as a mobile repair center in Mosta.
STL
Post in 2024
Sterlite Technologies Limited is an Indian company that specializes in connectivity and network solutions for the telecom and power sectors. The company provides a diverse range of products, including integrated optical fibers, copper telecom cables, structured data cables, and various types of power transmission conductors. Additionally, Sterlite offers system integration solutions, operational support systems (OSS), business support systems (BSS), and bandwidth management services. Its business is organized into several segments, including Optical Networking, Global Services, and Digital and Technology Solutions. With a strong commitment to enhancing connectivity, Sterlite aims to connect homes worldwide and operates both domestically and in international markets, generating a significant portion of its revenue from these global operations.
Cogito
Venture Round in 2023
Cogito is a technology company that specializes in enhancing the emotional intelligence of phone professionals through advanced artificial intelligence and machine learning. By leveraging behavioral science, Cogito's software analyzes various behavioral signals during conversations, offering real-time coaching to agents. This system not only guides agents in their interactions but also provides a continuous assessment of customer experience for each call. Through its innovative approach, Cogito enables enterprises to foster stronger relationships with their customers, improve sales outcomes, and enhance the overall quality of service provided.
One97 Communications
Post in 2023
One97 Communications Limited is a mobile payments services company based in Noida, India, founded in 2000. It operates under the Paytm brand, offering a comprehensive range of mobile content and commerce services. The company provides digital goods and services, including top-ups, ticket bookings, hotel reservations, music, videos, games, and other mobile content. Additionally, One97 Communications is a leading provider of payment solutions for e-commerce merchants, utilizing its RBI-approved semi-closed wallet. With a workforce of over 4,500 employees, the company has a wide geographical footprint, with regional offices in major Indian cities such as Mumbai, Bengaluru, Pune, Chennai, and Kolkata, as well as a global presence in Africa, Europe, the Middle East, and Southeast Asia.
Aircall
Series D in 2023
Aircall, established in 2014 and headquartered in Paris, France, specializes in cloud-based call center software for startups and small to medium-sized businesses. Its core product, Aircall, is a SaaS application that enables companies to set up and manage phone support online, integrating seamlessly with popular productivity and helpdesk tools. The platform facilitates remote communication, monitors real-time metrics, and enhances both customer support and sales engagement. Aircall has a strategic partnership with Telarus Inc.
Conexa Saude
Series C in 2022
Conexa Saude is a digital platform that promotes the connection of patients and healthcare professionals through technology. With Conexa Saude's telemedicine platform it is possible to break distances, humanize medical care, and democratize health. Conexa Saude aims to help in preventive medicine and, using technology, lead solutions of Telemedicine all over the country, shortening distances, promoting medical networking and democratizing health care access.
ImOn Communications
Acquisition in 2022
ImOn Communications is a local provider of high-speed internet, cable TV, and telephone services, primarily serving the communities of Cedar Rapids, Marion, and Hiawatha. Established in 2007, the company has focused on delivering reliable connectivity and entertainment solutions to both residential and commercial customers. ImOn offers a range of services, including Fiber to the Home, high-speed internet, digital cable, HDTV, DVRs, and local and long-distance phone services. The company distinguishes itself from competitors through its customer-centric approach and commitment to community engagement. As it continues to expand its service area and product offerings, ImOn remains dedicated to meeting the evolving needs of its customers.
Elea Digital
Funding Round in 2022
Elea Digital is a provider of digital infrastructure that focuses on the storage of business data and the connectivity of cities and regions. The company specializes in colocation services, offering a robust data center infrastructure that supports cloud computing and advanced technologies. Elea Digital provides colocation and cross-connectivity services that enhance on-premises connectivity and integration with public clouds. This approach enables clients to optimize their capital allocation while addressing the growing demand for connectivity. Through its comprehensive service offerings, Elea Digital aims to facilitate seamless data management and connectivity for businesses.
Cogito
Debt Financing in 2021
Cogito is a technology company that specializes in enhancing the emotional intelligence of phone professionals through advanced artificial intelligence and machine learning. By leveraging behavioral science, Cogito's software analyzes various behavioral signals during conversations, offering real-time coaching to agents. This system not only guides agents in their interactions but also provides a continuous assessment of customer experience for each call. Through its innovative approach, Cogito enables enterprises to foster stronger relationships with their customers, improve sales outcomes, and enhance the overall quality of service provided.
Nextiva
Private Equity Round in 2021
Nextiva, Inc. is a provider of cloud-based business communication solutions, headquartered in Scottsdale, Arizona. Established in 2008, the company offers a comprehensive suite of services designed to enhance communication and customer experience for small businesses and enterprises. Its core offerings include a cloud-based VoIP phone system, call center solutions with features such as automatic call distribution and interactive voice response, as well as PBX SIP trunking that allows users to leverage existing phone systems. Additionally, Nextiva provides virtual faxing technology, a unified communication platform that integrates phone, email, chat, and SMS, and a cloud storage service for data management. Serving a diverse clientele across various industries, including finance, healthcare, and education, Nextiva emphasizes a customer-focused approach and has established itself as a leader in transforming business communications.
Aria Systems
Private Equity Round in 2021
Aria Systems, established in 2002 and headquartered in San Francisco, specializes in providing a cloud-based platform for managing and billing recurring revenues. Its core product, Aria, caters to enterprises seeking subscription-based billing solutions, while Aria Crescendo sets industry standards for cloud-based monetization. Aria for Communications serves mobile, multiple system operators, and over-the-top media providers. The company serves clients across hi-tech, media, telecom, cloud services, and finance industries worldwide, helping them maximize customer satisfaction, retention, and lifetime value through agile billing and active customer engagement.
Aircall
Series D in 2021
Aircall, established in 2014 and headquartered in Paris, France, specializes in cloud-based call center software for startups and small to medium-sized businesses. Its core product, Aircall, is a SaaS application that enables companies to set up and manage phone support online, integrating seamlessly with popular productivity and helpdesk tools. The platform facilitates remote communication, monitors real-time metrics, and enhances both customer support and sales engagement. Aircall has a strategic partnership with Telarus Inc.
DgPays
Venture Round in 2021
DgPays is a financial technology company that specializes in providing comprehensive payment solutions tailored for banks, e-money institutions, telecom operators, and transportation operators. The company's platform includes a range of services such as online and mobile payment systems, mobile wallets, prepaid cards, and bill payment solutions. Additionally, DgPays offers tools for managing loyalty programs and payment gateway infrastructure. Their solutions also encompass essential banking services, including compliance, fraud management, and authentication, ensuring secure and efficient financial transactions. By integrating these diverse services, DgPays aims to facilitate seamless and convenient financial experiences for its clients and their customers.
Airtel
Post in 2021
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation. Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the "airtel" brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.
Wireless Vision
Private Equity Round in 2021
Wireless Vision operates a chain of T-Mobile exclusive retail stores across the United States, focusing on delivering top-notch sales and service in the wireless telecommunications sector. The company emphasizes the importance of its employees, viewing them as key differentiators in the competitive marketplace. By attracting, hiring, and retaining skilled sales and customer service advocates, Wireless Vision aims to provide customers with accessible experts who can address their needs effectively. In addition to selling wireless telecommunications products, the company offers after-sales services to enhance customer satisfaction and ensure that consumers receive improved products at competitive prices. Collaborative teams with diverse experience underpin Wireless Vision's commitment to delivering an exceptional customer experience.
98point6
Series E in 2020
98point6 Inc. is a healthcare technology company that offers on-demand virtual primary care services through its mobile application in the United States. Founded in 2015 and based in Seattle, Washington, the company provides a platform that enables board-certified physicians to deliver personalized consultations, diagnoses, and treatments for both acute and chronic illnesses. Utilizing a text-based interface, patients can receive care anytime and anywhere, allowing for efficient communication regarding their health concerns. The platform is designed to make healthcare more accessible and affordable, empowering physicians to focus more on patient care while leveraging technology to streamline processes such as prescribing medications and ordering lab tests.
Cellnex Telecom Sau
Post in 2020
Cellnex Telecom is a telecommunications infrastructure operator that specializes in providing audiovisual services to radio stations and mobile communications for security and emergency services. The company operates over 100,000 wireless towers across more than 10 European countries, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Its extensive network, consisting of more than 3,200 centers, supports its offerings to various telecommunications operators and public administrations, including the design and deployment of WIFI networks. Cellnex has strengthened its position in satellite communications through partnerships with companies like Hispasat and Eutelsat. The company's growth strategy focuses on acquiring tower portfolios from mobile network operators, allowing for long-term leasing arrangements that enhance cash flow stability and provide protection against inflation.
NextNav
Series E in 2020
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.
Cogito
Series C in 2019
Cogito is a technology company that specializes in enhancing the emotional intelligence of phone professionals through advanced artificial intelligence and machine learning. By leveraging behavioral science, Cogito's software analyzes various behavioral signals during conversations, offering real-time coaching to agents. This system not only guides agents in their interactions but also provides a continuous assessment of customer experience for each call. Through its innovative approach, Cogito enables enterprises to foster stronger relationships with their customers, improve sales outcomes, and enhance the overall quality of service provided.
Aryaka Networks
Series F in 2019
Aryaka Networks, Inc. is a provider of cloud-based networking and security solutions, headquartered in San Mateo, California, with additional offices in Dallas, Bengaluru, Beijing, Singapore, London, and Toronto. Founded in 2008, the company specializes in software-defined wide area network (SD-WAN) services, offering a platform that integrates various networking needs, including WAN optimization, application acceleration, and security functions. Aryaka's services include WAN Optimization as-a-Service, which facilitates global connectivity and application performance, and SmartACCESS, a clientless SD-WAN solution for remote access. The company's offerings cater to enterprises and service providers worldwide, enabling improved connectivity for branch offices and cloud applications. Aryaka is recognized for its ability to modernize and optimize networking environments, ensuring that organizations can efficiently access centralized applications and public web resources regardless of location.
Zipwhip
Series D in 2019
Zipwhip, Inc. operates a cloud-based texting platform that allows businesses in the United States and Canada to text-enable their existing landline and toll-free phone numbers. Founded in 2007 and headquartered in Seattle, Washington, the company serves small and mid-sized businesses across various sectors, including auto repair, healthcare, beauty services, and public safety. By providing the capability for two-way text conversations, Zipwhip enhances customer service and engagement, enabling businesses to field inquiries, schedule appointments, send reminders, and accept orders via text. Its technology combines direct network connectivity with user-friendly software, allowing organizations to communicate effectively and efficiently with their customers.
Pindrop
Series D in 2018
Pindrop is a developer of advanced phone fraud detection and call center authentication technology, focused on enhancing security, identity, and trust in voice interactions. The company offers solutions that authenticate phone devices through call audio analysis, enabling the detection of fraudulent calls and the verification of legitimate callers. By leveraging a comprehensive risk database, Pindrop's technology helps enterprise call centers and businesses streamline communication, reduce call handling time, and improve customer experience while minimizing fraud losses. With a commitment to unlocking the value of voice interactions, Pindrop is positioned to support both enterprises and consumers in navigating a voice-driven future.
Cogito
Series C in 2018
Cogito is a technology company that specializes in enhancing the emotional intelligence of phone professionals through advanced artificial intelligence and machine learning. By leveraging behavioral science, Cogito's software analyzes various behavioral signals during conversations, offering real-time coaching to agents. This system not only guides agents in their interactions but also provides a continuous assessment of customer experience for each call. Through its innovative approach, Cogito enables enterprises to foster stronger relationships with their customers, improve sales outcomes, and enhance the overall quality of service provided.
IHS Markit
Debt Financing in 2018
IHS Markit Ltd. is a prominent provider of critical information, analytics, and solutions for various industries, financial markets, and governments worldwide. The company operates through four main segments: Financial Services, Transportation, Resources, and Consolidated Markets & Solutions (CMS). Its Financial Services segment offers a range of products including pricing and reference data, trading services, and enterprise software for financial market participants. The Transportation segment delivers analysis, production forecasts, and predictive analytics related to vehicles and shipping. The Resources segment focuses on upstream and downstream services in the energy and chemicals sectors, providing market forecasting and analytical tools. CMS provides research tools and performance analysis for technology, media, and telecommunications industries. Founded in 1959 and headquartered in London, IHS Markit employs approximately 16,000 professionals globally, with a significant portion of its revenue derived from recurring sources.
Doctor On Demand
Series C in 2018
Doctor On Demand, Inc. is a telemedicine company that provides an online platform for patients to consult with licensed healthcare providers, including doctors and psychologists, through video calls. Established in 2012 and headquartered in San Francisco, California, the company offers a range of medical services addressing conditions such as cold and flu, allergies, anxiety, and chronic illnesses. Its platform, Synapse, caters to health plans and employers, facilitating both on-demand and scheduled visits via smartphones, tablets, or computers. Doctor On Demand emphasizes accessibility and quality care, enabling patients to easily receive medical attention and prescriptions when needed. Additionally, the company has offices in Minneapolis, Minnesota, and Washington, D.C.
CityFibre
Acquisition in 2018
CityFibre is an independent provider of fiber infrastructure, focusing on the development and management of digital infrastructure in secondary cities. The company supplies fiber optic equipment and services to a range of clients, including service integrators, enterprise and consumer service providers, and mobile operators. CityFibre enables these clients to offer ultra-fast, reliable, and future-proof broadband, Ethernet, and 5G services to various end users, including homes, businesses, schools, and hospitals. Through its comprehensive fiber infrastructure platform, CityFibre plays a crucial role in enhancing digital connectivity across the regions it serves.
Veritas Capital
Debt Financing in 2018
Veritas Capital, established in 1992, is a New York-based private equity firm that invests in companies offering critical products and services, predominantly technology or technology-enabled solutions, to both government and commercial clients worldwide. With over $8.8 billion in assets under management, Veritas has led transactions valued at over $8 billion since its inception, focusing on sectors such as software, aerospace & defense, communications, education, energy, national security, healthcare, and government services.
Newgen Software Technologies
Venture Round in 2018
Newgen Software Technologies Limited is a software company based in New Delhi, India, specializing in Business Process Management (BPM), Enterprise Content Management (ECM), and Customer Communication Management (CCM) solutions. Founded in 1992, Newgen serves a diverse range of industries, including banking, insurance, healthcare, government, and telecommunications, with over 1,000 installations across more than 50 countries. The company is known for its NewgenONE Platform, a unified low-code platform designed for end-to-end automation, enabling organizations to streamline processes and manage enterprise content effectively. Newgen has received recognition from prominent analyst firms and is positioned in various Magic Quadrants for its innovative solutions. It adheres to high standards of quality and information security, holding certifications such as ISO 9001:2008 and ISO 27001:2005.
Root Data Center
Venture Round in 2017
Root Data Center Inc., based in Montreal, Canada, specializes in providing advanced colocation solutions tailored for IT organizations. The company offers a range of services, including cabinet and cage space, variable power density, agile deployment, disaster recovery, and carrier-neutral connectivity. Known for its industry-leading deployment speed and energy efficiency, Root Data Center is recognized for its innovative approach, which has enabled it to secure significant contracts, including one of the largest data center deals in Canada with a major hyperscale technology provider. The company operates tier 3 data center facilities that utilize advanced servers, high-density power supplies, and free air-cooling systems, ensuring a secure and reliable environment for cloud hosting, telecommunications, internet service providers, and multinational enterprises. As of July 2019, Root Data Center operates as a subsidiary of Compass Datacenters LLC.
IXcellerate
Debt Financing in 2017
IXcellerate operates a leading carrier-neutral data center in Moscow, providing high-quality co-location services comparable to those in America and Western Europe. The facility caters to the needs of financial institutions, multinational corporations, international carriers, and major content providers by offering tailored solutions that address specific requirements. Located within the MKAD of Central Moscow, IXcellerate offers a range of options, from basic co-location to private and secure cages. Its data center ecosystem includes systems monitoring services and cross-connections, ensuring clients benefit from secure, low-latency connectivity both locally and globally.
Symphony Communication Services
Series C in 2017
Symphony Communication Services, LLC is a secure collaboration platform that facilitates effective and compliant communication for traders and portfolio managers in the financial and insurance sectors. By consolidating digital communication tools such as messaging, screen sharing, and audio/video conferencing into a single platform, Symphony enhances productivity while ensuring adherence to data security and regulatory compliance requirements. The platform supports various functions including internal and external team communication, document sharing, and integration of applications and bots. Founded in 2012 and based in Palo Alto, California, Symphony has expanded its presence with offices in major financial hubs including New York, London, Hong Kong, Singapore, Stockholm, Paris, and Tokyo. The company was formerly known as Perzo Inc. and rebranded in 2014. Symphony operates as a subsidiary of The Goldman Sachs Group, Inc.
Perseus
Venture Round in 2015
Perseus, Inc. is a managed services provider specializing in high-speed global networks, colocation, and trading technologies. Founded in 2010 and headquartered in New York, the company serves a diverse international clientele that includes major market makers, banks, exchanges, and Fortune 500 companies. Perseus is known for offering rapid, secure market connectivity, with some of the fastest private routes connecting key financial hubs such as Chicago, New York, London, and Tokyo. The company has received multiple awards for innovation and growth, including recognition in industry lists for its impactful products and services. As of 2017, Perseus operates as a subsidiary of GTT Communications, Inc.
Tikona Infinet
Venture Round in 2014
Tikona Infinet, a subsidiary of Tikona Digital Networks, specializes in providing wireless broadband services tailored for the domestic enterprise market in India. Founded in 2008 and based in Mumbai, Tikona has developed an extensive IP network that operates in 25 cities, with plans for expansion into tier-III and semi-urban markets. The company holds an all-India class A ISP license, allowing it to offer next-generation wireless broadband solutions, including 4G LTE connectivity. Tikona Infinet’s services encompass secure Virtual Private Network (VPN) access, business mailing, data center management, and internet solutions, facilitated through strategically placed Points of Presence (POP) and Wireless Broadband (WBB) base stations. The company focuses on delivering reliable and scalable broadband services, ensuring optimal bandwidth usage and high-quality connectivity for its clients. Tikona's commitment to meeting global standards is reflected in its advanced data center infrastructure, which has garnered positive feedback from customers for its flexibility and manageability in supporting modern business needs.
Vertical Bridge
Private Equity Round in 2014
Vertical Bridge, LLC is a private company that specializes in the ownership and management of wireless communication infrastructure in the United States. Established in 2014 and headquartered in Boca Raton, Florida, the company focuses on providing essential communication infrastructure, including co-location services and build-to-suit towers. Vertical Bridge plays a critical role in supporting the growing demand for wireless connectivity in today's digital landscape by leasing, building, and managing communication assets.
Symphony Communication Services
Series A in 2014
Symphony Communication Services, LLC is a secure collaboration platform that facilitates effective and compliant communication for traders and portfolio managers in the financial and insurance sectors. By consolidating digital communication tools such as messaging, screen sharing, and audio/video conferencing into a single platform, Symphony enhances productivity while ensuring adherence to data security and regulatory compliance requirements. The platform supports various functions including internal and external team communication, document sharing, and integration of applications and bots. Founded in 2012 and based in Palo Alto, California, Symphony has expanded its presence with offices in major financial hubs including New York, London, Hong Kong, Singapore, Stockholm, Paris, and Tokyo. The company was formerly known as Perzo Inc. and rebranded in 2014. Symphony operates as a subsidiary of The Goldman Sachs Group, Inc.
NextNav
Series D in 2014
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.
IHS Towers
Private Equity Round in 2014
IHS Towers is a prominent independent owner, operator, and developer of shared telecommunications infrastructure, focusing primarily on emerging markets. The company manages over 40,000 towers across 11 countries, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa, and Zambia. IHS Towers primarily serves mobile network operators, providing them with the essential infrastructure needed to deliver wireless voice and data services to their customers. With a significant portion of its revenue generated in Nigeria, the company has established itself as a leader in the telecommunications sector across Sub-Saharan Africa, the Middle East and North Africa, and Latin America.
DgPays
Seed Round in 2014
DgPays is a financial technology company that specializes in providing comprehensive payment solutions tailored for banks, e-money institutions, telecom operators, and transportation operators. The company's platform includes a range of services such as online and mobile payment systems, mobile wallets, prepaid cards, and bill payment solutions. Additionally, DgPays offers tools for managing loyalty programs and payment gateway infrastructure. Their solutions also encompass essential banking services, including compliance, fraud management, and authentication, ensuring secure and efficient financial transactions. By integrating these diverse services, DgPays aims to facilitate seamless and convenient financial experiences for its clients and their customers.
IHS Towers
Private Equity Round in 2014
IHS Towers is a prominent independent owner, operator, and developer of shared telecommunications infrastructure, focusing primarily on emerging markets. The company manages over 40,000 towers across 11 countries, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa, and Zambia. IHS Towers primarily serves mobile network operators, providing them with the essential infrastructure needed to deliver wireless voice and data services to their customers. With a significant portion of its revenue generated in Nigeria, the company has established itself as a leader in the telecommunications sector across Sub-Saharan Africa, the Middle East and North Africa, and Latin America.
NextNav
Debt Financing in 2013
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.
NextNav
Series B in 2012
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.
SS8 Networks
Series B in 2010
SS8 Networks, Inc. specializes in network compliance solutions for communications providers globally. Founded in 1999 and headquartered in Milpitas, California, the company offers a suite of advanced products designed for lawful intelligence gathering. Its flagship product, Xcipio, facilitates lawful intercept by connecting telecommunications networks with national governments and law enforcement monitoring centers. Additionally, SS8 provides BreachDetect, a tool for real-time data breach detection, and Intellego, which allows for the monitoring and analysis of internet communications as they occur. The company’s Xcipio Probe enhances communication access from complex network architectures, supporting high-performance keyword searches and security features. SS8 serves a range of sectors, including enterprise security, law enforcement agencies, telecommunications providers, and national governments, aiming to help these entities track and combat criminal activities effectively.
Jingle Networks
Series D in 2009
Jingle Networks is a prominent provider of advertising and technology solutions focused on voice and mobile business search. The company connects businesses with consumers ready to transact by leveraging a robust new media channel within the growing business search market. Jingle Networks offers tailored solutions for carriers, network operators, advertising agencies, brand marketers, and small businesses. Its services enable thousands of national brands and local businesses to utilize brief in-call audio or text advertisements to attract new customers during phone calls or online searches. The company's innovative technology has made it a preferred choice for network operators and telecom carriers. Jingle Networks is also known for creating the free directory assistance service 1-800-FREE411, allowing consumers to obtain phone numbers without charge. This service is funded by short, targeted advertising messages that play while the caller waits for information. Founded by experienced professionals in advertising and technology, Jingle Networks continues to deliver effective solutions for building brand awareness and maximizing business search outcomes.
Datapipe
Private Equity Round in 2008
Datapipe is a provider of managed hosting, cloud services, and data center solutions designed to manage and secure mission-critical IT services. The company offers a comprehensive range of services, including cloud computing, infrastructure as a service, platform as a service, colocation, business analytics, database management, e-commerce hosting, email hosting, and data protection. Datapipe serves a diverse array of industries, such as financial services, healthcare, manufacturing, government, and media, enabling clients to optimize both critical and everyday IT operations. With a presence in major global markets, including New York, Silicon Valley, London, Hong Kong, and Shanghai, Datapipe has established itself as a significant player in the technology landscape. The company was recognized in Gartner's Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting in 2010, highlighting its commitment to delivering high-quality services.
SpinVox
Series C in 2008
Spinvox is a voice-to-text service that began operating in 2005, pioneering the conversion of voicemails into text messages for both landline and mobile users. The company offers a subscription service that sends transcribed voicemails directly to users' mobile phones or email inboxes. To enhance its offerings and compete in the market, Spinvox has introduced additional features, including the ability to create blog posts via voice, send self-reminders through transcribed memos, and update social networks or send group messages by speaking. Spinvox's technology supports multiple languages, including English, French, Spanish, German, Portuguese, and Italian, making it a versatile option for a diverse user base.
Jingle Networks
Series C in 2008
Jingle Networks is a prominent provider of advertising and technology solutions focused on voice and mobile business search. The company connects businesses with consumers ready to transact by leveraging a robust new media channel within the growing business search market. Jingle Networks offers tailored solutions for carriers, network operators, advertising agencies, brand marketers, and small businesses. Its services enable thousands of national brands and local businesses to utilize brief in-call audio or text advertisements to attract new customers during phone calls or online searches. The company's innovative technology has made it a preferred choice for network operators and telecom carriers. Jingle Networks is also known for creating the free directory assistance service 1-800-FREE411, allowing consumers to obtain phone numbers without charge. This service is funded by short, targeted advertising messages that play while the caller waits for information. Founded by experienced professionals in advertising and technology, Jingle Networks continues to deliver effective solutions for building brand awareness and maximizing business search outcomes.
Tejas Networks
Series E in 2007
Tejas Networks Limited is an Indian company that specializes in designing, developing, and manufacturing optical and data networking products. Established in 2000 and headquartered in Bengaluru, the company serves a diverse clientele, including telecommunications service providers, internet service providers, utility companies, defense organizations, and government entities, both domestically and internationally. Tejas Networks offers a wide range of products, including converged packet optical solutions, enterprise Ethernet switches, and high-density metro core platforms. Their offerings also encompass multi-service provisioning platforms, LTE solutions, and advanced GPON elements for optical access networks. Additionally, Tejas Networks provides software solutions for network management and optimization, along with services such as network planning, installation, and customer support. The company's products are utilized in various applications, including access networks and wireless backhaul, contributing significantly to its revenue primarily from the Indian market.
Movate
Series B in 2007
Movate is a human-centered technology and experiences company that specializes in providing technology consulting and support services across various industries, including telecommunications, media, retail, e-commerce, and emerging brands. The company focuses on enhancing digital customer experiences, infrastructure, engineering, and insights, along with offering enterprise product services. Through its offerings, Movate aims to deliver trusted and reliable support for both consumer and enterprise needs, driving innovation and efficiency in the technology landscape.
Arcadian Networks
Private Equity Round in 2007
Arcadian Networks provides "last mile" wireless carrier services to the energy sector (electric, water, and gas utilities and oil and gas companies). The company's 700 MHz licensed spectrum delivers a converged IP network with voice and data communications for fixed and mobile applications. The real-time broadband communications platform reduces operational costs, improves resiliency, and transforms electric grids into efficient "smart grids" and oil fields into optimized "smart fields."
Axon Digital
Venture Round in 2007
Axon Digital Design B.V. is a leading provider of professional audio and video equipment primarily serving the broadcast industry. Headquartered in Gilze, the Netherlands, the company develops and manufactures a range of products, including modular interfacing and conversion systems like Synapse, compliance recording systems such as TRACS, and configuration software known as Cortex. In addition to these core offerings, Axon supplies routers, multi-viewers, live production video mixers, and intercom systems, catering to the diverse needs of broadcasters. The company has established a global presence with regional offices in several countries, including Brazil, China, Germany, Russia, the UAE, Singapore, the UK, and the United States, supported by a network of distributors and systems integrators. Since its founding in 1987, Axon has maintained a focus on customer support and product innovation, contributing to its reputation as a trusted partner for broadcasting solutions worldwide. As of May 2020, Axon operates as a subsidiary of EVS Broadcast Equipment SA.
Jingle Networks
Series C in 2006
Jingle Networks is a prominent provider of advertising and technology solutions focused on voice and mobile business search. The company connects businesses with consumers ready to transact by leveraging a robust new media channel within the growing business search market. Jingle Networks offers tailored solutions for carriers, network operators, advertising agencies, brand marketers, and small businesses. Its services enable thousands of national brands and local businesses to utilize brief in-call audio or text advertisements to attract new customers during phone calls or online searches. The company's innovative technology has made it a preferred choice for network operators and telecom carriers. Jingle Networks is also known for creating the free directory assistance service 1-800-FREE411, allowing consumers to obtain phone numbers without charge. This service is funded by short, targeted advertising messages that play while the caller waits for information. Founded by experienced professionals in advertising and technology, Jingle Networks continues to deliver effective solutions for building brand awareness and maximizing business search outcomes.
Galazar Networks
Series C in 2006
Galazar Networks Inc. specializes in the design, development, and supply of system semiconductors and software solutions. The company focuses on providing advanced semiconductor solutions for various telecommunications needs, including Ethernet, DS1/E1, DS3/E3, and SONET/SDH/OTN applications. Its product offerings encompass framer and mapper devices for data and telecom interfaces, as well as radio transmission and cellular backhaul solutions. Additionally, Galazar delivers OTN mappers, multiplexers, and multi-protocol infrastructure solutions, aiming to support carrier-grade Ethernet and multi-service line cards in the industry.
Javelin Innovations
Venture Round in 2006
Javelin Innovations(formerly Vyyo) supply broadband wireless access systems used by telecommunicationsservice providers to deliver wireless, high-speed data connections to business and residential subscribers. Their systems are deployed in point-to-multipoint applications at the radio frequencies licensed for two-way broadband communication. Point-to-multipoint technology refers to the ability of a central, wireless hub to transmit and receive network traffic to and frommultiple subscriber modems. Their systems are based on the Internet protocol, or IP, which is the networking standard used to deliver voice and data over the Internet. Networking standards are the special set of rules for communicating that the end points in a telecommunication connection use when they send signals back and forth. Their system is designed to allow service providers to support rapid and cost-effective broadband service roll-outs directly to business and residential subscribers. Service providers use their system to bridge the segment of the network that connects the service providers' systems directly to the subscribers, commonly referred to as the last mile.
Fibertower
Series A in 2005
FiberTower Corporation is a provider of facilities-based backhaul services to wireless carriers across the United States. The company specializes in the transport of voice, video, and data traffic from mobile base stations to mobile switching centers using a combination of wireless spectrum assets and fiber-optic relationships. FiberTower constructs and operates high-capacity hybrid microwave and fiber networks, offering diverse transport solutions based on protocols such as time division multiplexing, SONET, and Ethernet. As of early 2011, the company served over 6,000 billing customer locations across 13 markets, including major cities like Atlanta, Chicago, and New York. FiberTower is recognized as a leader in millimeter band fixed wireless technology, often referred to as "wireless fiber," and it provides spectrum leases along with backhaul and equipment services in its licensed areas. The company maintains strong relationships with mobile carriers and various industry stakeholders and engages in significant research and development initiatives. Headquartered in San Francisco, FiberTower operates as a subsidiary of AT&T Mobility Spectrum LLC.
Alphion
Series B in 2005
Alphion Corporation specializes in providing broadband solutions for businesses and communities, focusing on the development, manufacturing, and marketing of optical fiber-to-the-premises (FTTP) access systems, subsystems, and integrated photonic devices. The company offers a comprehensive range of passive optical network products designed for the rapidly growing FTTx market, catering to various deployment scenarios including national service providers, local telecom operators, multiple-system operators, and educational institutions. Alphion's GPON products are versatile, suitable for diverse environments from luxury developments to remote villages, ensuring reliable and affordable broadband access technologies for network operators and small to medium-sized enterprises. Founded in 2000, Alphion is headquartered in Princeton Junction, New Jersey.
Tropic Networks
Series D in 2004
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.
IMlogic
Series C in 2004
IMlogic, Inc. specializes in enterprise software designed to enhance instant messaging capabilities across various sectors, including financial services, healthcare, government, and telecommunications. The company offers solutions that allow organizations to secure and manage both public and private instant messaging networks, ensuring compliance with regulatory and corporate governance policies. By leveraging its technology, IMlogic enables real-time business communications, facilitating improved collaboration and efficiency within diverse industries.
Azanda Network Devices
Series C in 2003
Azanda Network Devices is a communications semiconductor company based in Sunnyvale, California. The company specializes in developing semiconductors designed for next-generation optical and metro-area networks. Additionally, Azanda focuses on creating multi-service traffic management solutions that enhance the functionality of routers and switches. Through its innovative products, the company aims to address the evolving needs of telecommunications and data networking markets.
Fiberlink
Series C in 2003
Fiberlink Communications Corporation provides mobility as a service (MaaS) that helps enterprises to connect, control, and secure laptops and mobile devices. Its MaaS Platform helps mobile workers to connect to the Internet and the applications and data they need. The company's MaaS platform is used to perform identity management and authentication services; deploy, monitor, and manage security and connectivity applications on laptops and PCs; view information on compliance status, security events, and connectivity costs; and protect mobile devices and the data from loss, theft, data leakage, hackers, and viruses. Its MaaS360 mobility platform manages security and connectivity services on mobile and remote devices, as well as helps administrators to deploy, monitor, update, and remediate various endpoint security and connectivity applications.
Ellacoya Networks
Venture Round in 2003
Ellacoya Networks specializes in providing Broadband Service Optimization solutions that utilize deep packet inspection (DPI) technology, allowing broadband service providers to enhance their Internet offerings. The company’s hardware platforms, such as the e30 and e100, along with a comprehensive suite of software applications, enable service providers to identify subscribers and manage applications on an individual basis. This capability helps improve performance, boost customer satisfaction, and facilitate the delivery of revenue-generating IP services. Ellacoya Networks is known for its scalability and functionality, which are essential for creating competitive service offerings in large carrier IP networks. Headquartered in Merrimack, New Hampshire, the company also maintains offices in London, Tokyo, and Singapore, positioning itself as a key player in the broadband optimization sector.
Galazar Networks
Series B in 2003
Galazar Networks Inc. specializes in the design, development, and supply of system semiconductors and software solutions. The company focuses on providing advanced semiconductor solutions for various telecommunications needs, including Ethernet, DS1/E1, DS3/E3, and SONET/SDH/OTN applications. Its product offerings encompass framer and mapper devices for data and telecom interfaces, as well as radio transmission and cellular backhaul solutions. Additionally, Galazar delivers OTN mappers, multiplexers, and multi-protocol infrastructure solutions, aiming to support carrier-grade Ethernet and multi-service line cards in the industry.
Tropic Networks
Series C in 2003
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.
IMlogic
Series B in 2003
IMlogic, Inc. specializes in enterprise software designed to enhance instant messaging capabilities across various sectors, including financial services, healthcare, government, and telecommunications. The company offers solutions that allow organizations to secure and manage both public and private instant messaging networks, ensuring compliance with regulatory and corporate governance policies. By leveraging its technology, IMlogic enables real-time business communications, facilitating improved collaboration and efficiency within diverse industries.
NuVox Communications
Private Equity Round in 2002
NuVox is a provider of voice and data network communications, primarily serving businesses in the United States. The company offers a range of services, including broadband access, conference calling, data security and backup, voicemail, and web hosting. By delivering comprehensive communication solutions, NuVox enables organizations to enhance their operational efficiency and connectivity.
IP Unity
Series D in 2002
IP Unity delivers a carrier grade services platform for enhanced voice and telephony applications over ATM, TDM and VoIP Networks. The company's media servers, applications servers, enhanced service applications, and application partners allow customers to quickly and cost effectively offer new services associated with next generation networks while protecting their investment in legacy systems.
Iolon
Series C in 2002
Iolon, Inc. is a privately held company specializing in optical networking components. It develops high-performance tunable devices designed for advanced fiber optic networks. The company's initial offering is a high-powered, external cavity tunable laser source suitable for high bit rate and long-haul applications. Iolon plans to expand its product range to include tunable filters, optical switches, polarization controllers, spectral monitors, and universal transponders. The technology platform employed by Iolon supports advanced automation for high-volume manufacturing and is based on patented micro-optics, MEMS, and sophisticated servo control technologies. Their products are utilized by customers in various applications, including the transmission, monitoring, and reception of optical signals, as well as in testing and measurement equipment.
Azanda Network Devices
Series B in 2002
Azanda Network Devices is a communications semiconductor company based in Sunnyvale, California. The company specializes in developing semiconductors designed for next-generation optical and metro-area networks. Additionally, Azanda focuses on creating multi-service traffic management solutions that enhance the functionality of routers and switches. Through its innovative products, the company aims to address the evolving needs of telecommunications and data networking markets.
Azanda Network Devices
Series B in 2002
Azanda Network Devices is a communications semiconductor company based in Sunnyvale, California. The company specializes in developing semiconductors designed for next-generation optical and metro-area networks. Additionally, Azanda focuses on creating multi-service traffic management solutions that enhance the functionality of routers and switches. Through its innovative products, the company aims to address the evolving needs of telecommunications and data networking markets.
Catena Networks
Series D in 2002
Catena Networks develops broadband access systems that enable service providers to deploy voice, data, and video services. The company's products include The CNX-5 Broadband DSL System, a card-for-card upgrade solution for Lucent SLC-5 Digital Loop Carriers and The CN1000 Broadband Loop Carrier that enables service providers to deploy integrated plain old telephone service (POTS) and digital subscriber line (DSL) services and deliver voice, data and video services over copper and fiber infrastructures. It caters to local exchange carriers, postal telephone and telegraph operators, and other service providers. The company was founded in 1998 and is based in California, US with an additional office in Morrisville, North Carolina.
ClearWire
Private Equity Round in 2001
Clearwire, founded in October 2003 by telecom pioneer Craig O. McCaw, is a provider of wireless high-speed Internet services. The company offers fast, portable, and reliable Internet connectivity by utilizing licensed spectrum, allowing customers to bypass traditional cable and phone line constraints. Headquartered in Kirkland, Washington, Clearwire launched its first market in August 2004 and has since expanded its services to 50 markets across the United States and Europe. In addition to broadband services for individuals and small businesses, Clearwire also provides VoIP services, supporting third-party domestic and international Internet service providers. The company is now part of Sprint, which acquired Clearwire to enhance its network offerings.
Ellacoya Networks
Series C in 2001
Ellacoya Networks specializes in providing Broadband Service Optimization solutions that utilize deep packet inspection (DPI) technology, allowing broadband service providers to enhance their Internet offerings. The company’s hardware platforms, such as the e30 and e100, along with a comprehensive suite of software applications, enable service providers to identify subscribers and manage applications on an individual basis. This capability helps improve performance, boost customer satisfaction, and facilitate the delivery of revenue-generating IP services. Ellacoya Networks is known for its scalability and functionality, which are essential for creating competitive service offerings in large carrier IP networks. Headquartered in Merrimack, New Hampshire, the company also maintains offices in London, Tokyo, and Singapore, positioning itself as a key player in the broadband optimization sector.
Global Communication Devices
Series B in 2001
Global Communication Devices is engaged in the design of fabless RF and mixed-signal ICs (integrated circuits) and RF and mixed-signal.
NuVox Communications
Venture Round in 2001
NuVox is a provider of voice and data network communications, primarily serving businesses in the United States. The company offers a range of services, including broadband access, conference calling, data security and backup, voicemail, and web hosting. By delivering comprehensive communication solutions, NuVox enables organizations to enhance their operational efficiency and connectivity.
Semiconductor Manufacturing International
Series A in 2001
Semiconductor Manufacturing International Corporation (SMIC) is a leading semiconductor foundry based in Shanghai, China, established in 2000. It specializes in the design and manufacturing of integrated circuits (IC) and offers a comprehensive range of services including computer-aided design, wafer fabrication, testing, packaging, and assembly. SMIC operates advanced fabrication facilities, including 300mm and 200mm fabs in various locations such as Beijing, Tianjin, and Shenzhen, and provides technology services for process nodes ranging from 0.35 microns to 28 nanometers. The company serves a diverse clientele, including integrated device manufacturers, fabless semiconductor firms, and system companies, with its products utilized in sectors such as artificial intelligence, data centers, automotive, consumer electronics, and the Internet of Things. SMIC is recognized as the largest foundry in China and ranks fifth globally in the semiconductor industry, employing over 20,200 people and maintaining a presence in markets across North America, Europe, Japan, and Taiwan.
CeLight
Series B in 2001
CeLight Inc. specializes in the research, development, and sale of opto-electronic sub-systems and integrated electro-optical components. The company is renowned for its VectorWAVE technology, a digital platform that integrates coherent optical technology with digital signal processing to effectively synthesize, transmit, receive, and analyze coherent optical signals. This technology supports various applications, including the standoff detection of explosives and chemicals, secure optical communications, remote sensing, and signal intelligence. In addition to its product offerings, CeLight provides customized services that include analysis, simulation, design, and fabrication related to advanced optical transmission technologies. Founded in 1999 and based in Silver Spring, Maryland, CeLight serves a diverse range of sectors, including military, homeland security, government, and commercial markets.
New Edge Networks
Private Equity Round in 2001
New Edge Networks is a national provider specializing in secure multi-site managed data networks and dedicated Internet access. The company offers Internet services primarily through digital subscriber line (DSL) technology, catering to residences and businesses in small cities and semi-rural areas. In addition to DSL connections, New Edge Networks provides a range of services, including wide area networks, virtual private networks, and frame relay, ensuring comprehensive connectivity solutions for its clients.
Iolon
Series B in 2001
Iolon, Inc. is a privately held company specializing in optical networking components. It develops high-performance tunable devices designed for advanced fiber optic networks. The company's initial offering is a high-powered, external cavity tunable laser source suitable for high bit rate and long-haul applications. Iolon plans to expand its product range to include tunable filters, optical switches, polarization controllers, spectral monitors, and universal transponders. The technology platform employed by Iolon supports advanced automation for high-volume manufacturing and is based on patented micro-optics, MEMS, and sophisticated servo control technologies. Their products are utilized by customers in various applications, including the transmission, monitoring, and reception of optical signals, as well as in testing and measurement equipment.
TeraBlaze
Series A in 2001
TeraBlaze is a developer of gigabit Ethernet switching devices, providing innovative solutions for equipment providers. The company specializes in high-density switching solutions that incorporate integrated memory, utilizing switch-on-a-chip technology. This advanced approach enables clients to effectively meet their internet and enterprise infrastructure requirements. TeraBlaze focuses on delivering products that enhance connectivity and performance within network systems.
Tropic Networks
Series B in 2001
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.
Clearwater Networks
Series B in 2001
Clearwater Networks (formerly XStream Logic) is developing the industry’s first single-processor packet processing solution capable of performing 7-layer packet processing at 10-Gigabit data rates. XStream’s family of network processors is targeted at solving the critical bottleneck in next-generation network infrastructure equipment: layers 4-7 packet processing. Edge and core routers, content-aware web switches, network attached storage devices, and other networking appliances all require the need to implement advanced services that are beyond the capability of existing semiconductor solutions. XStream ’s products are able to solve a wide variety of applications and advanced services using a simple, single-processor architecture that reduces system complexity and improves customers’ time to market.
Axsun Technologies
Series C in 2001
Axsun Technologies, LLC specializes in the design, manufacture, and sale of photonics products utilizing MEMS and micro-scale optical devices. Its product portfolio includes OCT swept laser engines, data acquisition solutions, optical channel monitors, and NIR spectroscopy engines. These products serve various applications, such as guiding medical therapies, optimizing petroleum production, and monitoring telecommunications infrastructure. Axsun Technologies has developed advanced micro-optical spectrometers that facilitate on-line and at-line measurements in sectors like pharmaceuticals, chemicals, and petrochemicals. The company's expertise in micro-optics and precision engineering has led to the creation of high-performance, miniaturized instruments that enhance system performance while reducing size and cost. Founded in 1998 and based in Billerica, Massachusetts, Axsun Technologies operates as a subsidiary of Excelitas Technologies Corp.
Catena Networks
Series C in 2000
Catena Networks develops broadband access systems that enable service providers to deploy voice, data, and video services. The company's products include The CNX-5 Broadband DSL System, a card-for-card upgrade solution for Lucent SLC-5 Digital Loop Carriers and The CN1000 Broadband Loop Carrier that enables service providers to deploy integrated plain old telephone service (POTS) and digital subscriber line (DSL) services and deliver voice, data and video services over copper and fiber infrastructures. It caters to local exchange carriers, postal telephone and telegraph operators, and other service providers. The company was founded in 1998 and is based in California, US with an additional office in Morrisville, North Carolina.
Ellacoya Networks
Series B in 2000
Ellacoya Networks specializes in providing Broadband Service Optimization solutions that utilize deep packet inspection (DPI) technology, allowing broadband service providers to enhance their Internet offerings. The company’s hardware platforms, such as the e30 and e100, along with a comprehensive suite of software applications, enable service providers to identify subscribers and manage applications on an individual basis. This capability helps improve performance, boost customer satisfaction, and facilitate the delivery of revenue-generating IP services. Ellacoya Networks is known for its scalability and functionality, which are essential for creating competitive service offerings in large carrier IP networks. Headquartered in Merrimack, New Hampshire, the company also maintains offices in London, Tokyo, and Singapore, positioning itself as a key player in the broadband optimization sector.
New Edge Networks
Series C in 2000
New Edge Networks is a national provider specializing in secure multi-site managed data networks and dedicated Internet access. The company offers Internet services primarily through digital subscriber line (DSL) technology, catering to residences and businesses in small cities and semi-rural areas. In addition to DSL connections, New Edge Networks provides a range of services, including wide area networks, virtual private networks, and frame relay, ensuring comprehensive connectivity solutions for its clients.
Villagenetworks
Series B in 2000
Village Networks (www.villagenetworks.com) is leading the next wave of the Optical Internet with Optical Flow Networking, breakthrough technology that brings together the highest level of performance of intelligent routing and high-capacity optical networking in a single optical packet node. Village Networks was founded in 1998 and is headquartered in Eatontown, NJ. Its more than 80 employees have exceptional depth of experience developing, marketing and delivering carrier-class products from companies including AT&T, Bay Networks, Bell Laboratories, Cisco Systems, Lucent Technologies, Nortel Networks, Rockwell International and Siemens.
Lantern Communications
Series B in 2000
Lantern Communications, founded in 1999 and based in Sunnyvale, California, specializes in packet-based transport systems that facilitate the scalable deployment of carrier-class networking solutions. The company enables service providers to deliver broadband Ethernet and other networking services across metropolitan area networks. In May 2004, Lantern Communications was acquired by C-COR, further enhancing its capabilities in the telecommunications sector.
Spearhead Technologies
Venture Round in 2000
Spearhead Technologies Inc., was established in 1998, and is the developer of GAP Technology. Its derivative product series, AirGAP 200 and AirGAP 300 is the world's most secure Internet and network appliance for the enterprise. Spearhead is the owner of a patented technology, called GAP technology. GAP technology is the ideal solution for maintaining full, uninterrupted Internet access, while eradicating the associated risks of intrusion and data theft. Spearhead's GAP provides a high-performance Internet isolator, which physically keeps the corporate network disconnected from the outside world, while enabling high-speed data verification, information inspection, and content checking. Based on its technology, Spearhead offers a range of solutions to the enterprise, Web-server farms, network devices, and telecommunication applications.
Accelerant Networks
Series B in 2000
Accelerant Networks, headquartered in Portland, Oregon, specializes in the development of CMOS-based transceivers for serial backplane communication and broadband infrastructure semiconductor solutions. The company focuses on providing high-speed backplane transceivers that enhance communication reliability, speed, and distance between line cards within network equipment. By creating a unified process for deploying data science techniques, Accelerant enables its clients to improve data management and make data-driven decisions more effectively. Their innovative semiconductor solutions are designed to meet the demands of network equipment manufacturers, facilitating the growth of broadband infrastructure.
Celox Networks
Series B in 2000
Celox Networks, Inc. manufactures Internet protocol switches. The company’s SCx 192 is an Internet protocol service creation switch, which provides tools to create new revenue-generating services over existing access connections, such as traffic prioritization, traffic shaping and bandwidth management, and security across a shared Internet protocol infrastructure, as well as service level agreement performance verifications.
Comstellar Technologies
Series A in 2000
Comstellar Technologies, Inc. specializes in the development of communications infrastructure, concentrating on creating network components and subsystems for both optical and wireless communication industries. The company's innovative operating model positions it to address the growing demand for high-quality communication solutions, which are becoming increasingly essential in today’s technology landscape. By focusing on these critical areas, Comstellar aims to capitalize on the vast opportunities available in the global market for communication technologies.
Accessline Communications
Venture Round in 2000
AccessLine Communications is a provider of hosted communications and managed voice services, primarily catering to small and medium businesses. Founded in 1983 and based in the United States, the company offers a comprehensive suite of cloud business applications that integrate essential IT services, including digital business phone systems, conferencing, voicemail, fax-to-email, toll-free numbers, and virtual receptionist solutions. AccessLine also delivers specialized industry solutions tailored for sectors such as construction, financial services, healthcare, high tech, legal, and manufacturing. By focusing on providing flexible communication tools, AccessLine enables its customers and partners to concentrate on their core business activities. The company was acquired by Telanetix in 2007.
LNG Holdings
Private Equity Round in 2000
LNG Holdings S.A. specializes in providing a range of managed bandwidth services, including broadband internet, telephony, and IT solutions tailored for commercial businesses and telecommunications operators. The company offers services such as fiber-optic transmission, high bit-rate IP services, and co-location at its points of presence across Europe. With a strong focus on meeting client needs, LNG Holdings delivers comprehensive business-to-business network solutions that encompass voice, video, and data communications. The company has established a significant presence in Germany, while also expanding its networks in France and Spain, and creating connections to major cities like Amsterdam, Brussels, and London. Through its innovative approach, LNG Holdings aims to enhance service offerings at competitive prices, positioning itself as a leader in the European telecommunications market.
Mahi Networks
Venture Round in 2000
Mahi Networks is a provider of optical transport, switching, and aggregation solutions for multiple system operators and cable wireline carriers globally. Based in Piscataway, New Jersey, the company focuses on enabling service providers to transition to a simpler and more cost-effective networking infrastructure. Mahi Networks' flagship product, the Mahi Mi7, is a robust 320 Gbit multi-service switching system, complemented by the Vx7 Multi-Service Core Transport System, which features ROADM capabilities. To address the growing demand for IP and SAN services, Mahi has developed a 10-port Multi-Service ADM Transponder supporting a range of client interfaces, as well as a 10G Multi-Service Transponder for high-speed applications. Founded in 1999, Mahi Networks has established itself as a key player in optical networking equipment before being acquired by Meriton Networks, Inc.
New World Communications
Venture Round in 2000
NewWorld Communications is an information technology and communications consulting firm that enables midsize businesses and enterprises to implement network, mobility, and cloud solutions. It also offers contract negotiation, strategic planning and design, project management and implementation, and support services. NewWorld Communications was acquired by Nextel Communications in January 2003. NewWorld Communications was founded in 1999 and is based in Atlanta, Georgia.
Telseon
Series B in 2000
Telseon, Inc. is a provider of Internet infrastructure services operating over optical networks in major metropolitan areas. The company specializes in data transport services, offering a range of solutions including optical network services, IP infrastructure, and various connection types such as point-to-point, point-to-multipoint, and multipoint-to-multipoint. Additionally, Telseon provides bandwidth enhancement services and other Ethernet services, catering to the needs of businesses seeking reliable and efficient data transmission solutions.
BrightLink Networks
Series C in 2000
BrightLink Networks, Inc. is a manufacturer of optical network switching systems. The company begins the marketing and manufacturing of its intelligent optical network system.
AvantGo
Venture Round in 2000
AvantGo, Inc. specializes in software and services that facilitate the access of Internet-based content and corporate applications on mobile devices, including personal digital assistants and Internet-enabled phones. The company offers the AvantGo M-Business Server and mobile application products, allowing clients to provide employees, customers, suppliers, and business partners with seamless access to critical business information. Additionally, AvantGo's Mobile Internet service enables individuals to interact with online content and applications, creating new avenues for businesses to engage with their customers. The company also offers mobile-formatted online content channels, along with an offline browser and desktop synchronization client, enhancing the overall user experience. In recognition of its contributions to mobile technology, AvantGo was selected by Microsoft to join the Microsoft Mobility Partner Advisory Council in 2002.
Westwave Communications
Series C in 2000
Westwave Communications is a supplier of telecommunications network control and signaling agents.
eVentures Group
Venture Round in 2000
eVentures Group operates and invests in internet communications companies.
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