Broadwing Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,636

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $1.4B

Broadwing General Information

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.

Contact Information

Website
www.corvis.com
Formerly Known As
Corvis, Nova Technologies, Corvis Corp
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 7015 Albert Einstein Drive
  • Columbia, MD 21046
  • United States
+1 (443)
Primary Industry
Connectivity Products
Other Industries
Other Communications and Networking
Fiberoptic Equipment
Vertical(s)
Corporate Office
  • 7015 Albert Einstein Drive
  • Columbia, MD 21046
  • United States
+1 (443)

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

Broadwing Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 04-Jan-2007 $1.4B Completed Generating Revenue
6. Debt Refinancing 30-Nov-2005 Completed Generating Revenue
5. Later Stage VC Completed Startup
4. IPO 28-Jul-2000 Completed Generating Revenue
3. Later Stage VC (Series C) 26-Feb-1999 Completed Startup
2. Early Stage VC (Series B) 30-Oct-1998 $13.6M $16.7M Completed Startup
1. Early Stage VC (Series A) 24-Mar-1998 $3.1M $3.1M Completed Startup
To view Broadwing’s complete valuation and funding history, request access »

Broadwing Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C
Series B
Series A 1,550,000 $0.010000 $0.2 $2 $2 $1 15.13%
To view Broadwing’s complete cap table history, request access »

Broadwing Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Broadwing Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cisco Systems Corporation Majority
Kinetic Ventures Venture Capital Minority
Kleiner Perkins Venture Capital Minority
Meritech Capital Partners Venture Capital Minority
New Enterprise Associates Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

Broadwing Investments & Acquisitions (6)

Broadwing’s most recent deal was a Secondary Transaction - Private with Broadwing Communications. The deal was made on 04-Jan-2007.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Broadwing Communications 04-Jan-2007 Secondary Transaction - Private Internet Service Providers
Focal Communications 08-Mar-2004 Merger/Acquisition Internet Service Providers
Broadwing Communications 13-Jun-2003 Merger/Acquisition Internet Service Providers
Dorsal Networks 01-Jan-2002 Merger/Acquisition Connectivity Products
Algety Telecom 15-May-2000 Merger/Acquisition Fiberoptic Equipment
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Broadwing Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Dorsal Networks Columbia, MD 2000

Broadwing FAQs

  • When was Broadwing founded?

    Broadwing was founded in 1997.

  • Where is Broadwing headquartered?

    Broadwing is headquartered in Columbia, MD.

  • What is the size of Broadwing?

    Broadwing has 1,636 total employees.

  • What industry is Broadwing in?

    Broadwing’s primary industry is Connectivity Products.

  • Is Broadwing a private or public company?

    Broadwing is a Private company.

  • What is the current valuation of Broadwing?

    The current valuation of Broadwing is .

  • What is Broadwing’s current revenue?

    The current revenue for Broadwing is .

  • How much funding has Broadwing raised over time?

    Broadwing has raised $1.26B.

  • Who are Broadwing’s investors?

    Cisco Systems, Kinetic Ventures, Kleiner Perkins, Meritech Capital Partners, and New Enterprise Associates are 5 of 9 investors who have invested in Broadwing.

  • When was Broadwing acquired?

    Broadwing was acquired on 04-Jan-2007.

  • Who acquired Broadwing?

    Broadwing was acquired by Level 3 Communications.

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 »