Developer of multiservice edge switches. The company provides multiservice switching that enables RBOCs, ILECs, and IXCs to build out their existing Layer 2 infrastructures and map those services onto an ATM or MPLS oriented core network as their needs evolve.
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 16-Jun-2003 | $157M | 000.00 | 00000 | Completed | Generating Revenue |
4. Later Stage VC (Series C) | 21-Oct-2002 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
3. Early Stage VC (Series B) | 25-Jun-2001 | 000.00 | 000.00 | 000.00 | Completed | Product Development |
2. Debt - General | 08-Jan-2001 | $12M | $23.5M | Completed | ||
1. Early Stage VC (Series A) | 15-Aug-2000 | $11.5M | $11.5M | 000.00 | Completed | Product Development |
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | 000,000,000 | 00.000000 | 00.00 | 00.0 | 00.00 | 00 | 00.0 | 00.000 |
Series B1 | 0,000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.00 | |
Series B | 00,000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.0 | 00.000 |
Series A1 | 9,200,000 | $0.010000 | $0.1 | $1.25 | $1.25 | 1x | $0.36 | |
Series A | 9,200,000 | $0.010000 | $0.1 | $1.25 | $1.25 | 1x | $0.62 | 9.93% |
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Atlas Venture | Venture Capital | Minority | 000 0000 | 000000 0 | |
Bessemer Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Commonwealth Capital Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
VIMAC Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Volition Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 |