Promatory Communications Overview

  • Year Founded
  • 1996

Year Founded

  • 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
Corporate Office
  • 8200 Dixie Road
  • Suite 100
  • Brampton, Ontario L6T 5P6
  • Canada
+1 (905)
Primary Industry
Wireless Communications Equipment
Other Industries
Other Communications and Networking
Acquirer
Nortel Networks
Vertical(s)
TMT
Corporate Office
  • 8200 Dixie Road
  • Suite 100
  • Brampton, Ontario L6T 5P6
  • Canada
+1 (905)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Promatory Communications Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 23-Mar-2000 $869M Completed Generating Revenue
3. Early Stage VC 27-Sep-1999 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
To view Promatory Communications’s complete valuation and funding history, request access »

Promatory Communications Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Brentwood Venture Capital Venture Capital Minority
Generation Partners Growth/Expansion Minority
Hook Partners Venture Capital Minority
IVP Venture Capital Minority
Meritech Capital Partners Venture Capital Minority
You’re viewing 5 of 7 investors. Get the full list »

Ready to get started?

Request a free trial

Promatory Communications FAQs

  • When was Promatory Communications founded?

    Promatory Communications was founded in 1996.

  • Where is Promatory Communications headquartered?

    Promatory Communications is headquartered in Brampton, Canada.

  • What industry is Promatory Communications in?

    Promatory Communications’s primary industry is Wireless Communications Equipment.

  • Is Promatory Communications a private or public company?

    Promatory Communications is a Private company.

  • What is the current valuation of Promatory Communications?

    The current valuation of Promatory Communications is .

  • What is Promatory Communications’s current revenue?

    The current revenue for Promatory Communications is .

  • How much funding has Promatory Communications raised over time?

    Promatory Communications has raised $28.3M.

  • Who are Promatory Communications’s investors?

    Brentwood Venture Capital, Generation Partners, Hook Partners, IVP, and Meritech Capital Partners are 5 of 7 investors who have invested in Promatory Communications.

  • When was Promatory Communications acquired?

    Promatory Communications was acquired on 23-Mar-2000.

  • Who acquired Promatory Communications?

    Promatory Communications was acquired by Nortel Networks.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »