Broadwing Overview
- Year Founded
-
1997

- Status
-
Acquired/Merged
- Employees
-
1,636

- Latest Deal Type
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M&A
- Latest Deal Amount
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$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.comCorporate Office
- 7015 Albert Einstein Drive
- Columbia, MD 21046
- United States
Corporate Office
- 7015 Albert Einstein Drive
- Columbia, MD 21046
- United States
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 | $3.1M | Completed | Startup |
Broadwing Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | 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% |
Broadwing Signals
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 |
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 |
Broadwing Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Dorsal Networks | Columbia, MD | 2000 |
Broadwing FAQs
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When was Broadwing founded?
Broadwing was founded in 1997.
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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.
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Who acquired Broadwing?
Broadwing was acquired by Level 3 Communications.
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