Promatory Communications Overview
- Founded
-
1996
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$869M
Promatory Communications General Information
Description
Developer of next-generation broadband access systems.
Contact Information
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Wireless Communications Equipment
Other Industries
Other Communications and Networking
Acquirer
Nortel Networks
Primary Office
- 8200 Dixie Road
- Suite 100
- Brampton, Ontario L6T 5P6
- Canada
+1 (905) 000-0000
Promatory Communications Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 23-Mar-2000 | $869M | 000.00 | 00000 | Completed | Generating Revenue |
| 3. Later Stage VC | 27-Sep-1999 | 0000 | 000.00 | Completed | Generating Revenue | |
| 2. Early Stage VC | 01-Aug-1998 | $3.3M | $3.3M | Completed | Product Development | |
| 1. Early Stage VC | 01-Jan-1996 | Completed | Product Development |
Promatory Communications Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Brentwood Venture Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Generation Partners | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| Hook Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| IVP | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Meritech Capital Partners | Venture Capital | Minority | 000 0000 | 000000 0 |