Broadwing
1997
FOUNDED
M&A
STATUS
1K-5K
EMPLOYEES
M&A
LATEST DEAL TYPE
$1.4B
LATEST DEAL AMOUNT
1
INVESTORS
Description
Manufacturer of ultra-long distance optical signal transmission, reception and amplification equipment. The company offers optical signal transmission, reception and amplification equipment, all-optical switching device and software to service providers, enabling them to reduce cost and increase network capacity.
Website
Formerly Known As
Corvis, Nova Technologies
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Connectivity Products
Other Industries
Fiberoptic Equipment
Other Communications and Networking
Acquirer
Primary Office
- 7015 Albert Einstein Drive
- Columbia, MD 21046
- United States
+1 (443) 000-0000
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Broadwing Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 04-Jan-2007 | $1.4B | 00.000 | 00.00 | Completed | Generating Revenue |
| 5. Later Stage VC | 00.000 | Completed | Startup | |||
| 4. IPO | 28-Jul-2000 | 00.000 | 00.000 | 0000 | Completed | Generating Revenue/Not Profitable |
| 3. Later Stage VC (Series C) | 26-Feb-1999 | 000.00 | 000.00 | 00000 | Completed | Startup |
| 2. Early Stage VC (Series B) | 30-Oct-1998 | $13.6M | $16.7M | 000.00 | Completed | Startup |
| 1. Early Stage VC (Series A) | 24-Mar-1998 | $3.1M | $3.1M | 000.00 | Completed | Startup |
Broadwing Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00.00 | 00.000 | |
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00.00 | 00.000 | |
| Series A | 1,550,000 | $0.010000 | $0.2 | $2 | $2 | $1 | 15.13% |
Broadwing Investments & Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 000000000000 | 08-Mar-2004 | 000000000000000000 | 00000 | Internet Service Providers | |
| 000000000 00000000 | 01-Feb-2003 | 000000000000000000 | Internet Service Providers | ||
| 000000 00000000 | 01-Jan-2002 | 000000000000000000 | 0000 | Connectivity Products | |
| 000000 0000000 | 15-May-2000 | 000000000000000000 | 000 | Fiberoptic Equipment | |
| Redfern Broadband Networks | 01-Jan-2000 | Corporate | 00.00 | Wireless Communications Equipment |
Broadwing Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000000 000000000 | 01-Jan-2000 | 000000000 | 00.00 | Completed |
|
Broadwing Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 000000 00000000 | Connectivity Products | Columbia, MD | 0000 |
Broadwing Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Glastad Invest | PE/Buyout | Minority | 000 0000 | 000000 0 | ||
| Hercules Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Kinetic Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Kleiner Perkins | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Meritech Capital Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
Broadwing Board Members (2)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| David Huber Ph.D | Broadwing | Founder & Chairman | 000 0000 |
1 Former Board Member
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