Overture Networks Overview
- Year Founded
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2000
- Status
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Acquired/Merged
- Employees
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202
- Latest Deal Type
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M&A
- Latest Deal Amount
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$40M
- Investors
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1
Overture Networks General Information
Description
Provider of converged packet access services for carrier ethernet. The company's products combine packet-switched and circuit-switched areas into a single architecture-at cost points to offer carrier Ethernet services to any size location over copper, fiber or optical transport.
Contact Information
Website
www.overturenetworks.comCorporate Office
- 637 Davis Drive
- Morrisville, NC 27560
- United States
Corporate Office
- 637 Davis Drive
- Morrisville, NC 27560
- United States
Overture Networks Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Merger/Acquisition | 13-Jan-2016 | $40M | Completed | Generating Revenue | ||
| 10. Later Stage VC (Series E) | 19-Aug-2013 | Completed | Generating Revenue | |||
| 9. Debt - General | 04-Jun-2013 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 18-Mar-2011 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series D) | 16-Apr-2010 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 02-Jan-2009 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 27-Sep-2007 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 01-Jun-2006 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 15-Nov-2004 | $6M | $20.7M | Completed | Startup | |
| 2. Early Stage VC (Series A) | 30-Sep-2002 | $14.7M | $14.7M | Completed | Startup |
Overture Networks Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series X4 | ||||||||
| Series X3 | ||||||||
| Series X2 | ||||||||
| Series X1 | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | 5,435,624 | $0.001000 | $0.98 | $0.98 | 1x | $0.98 | 3.45% | |
| Series A1 | 7,789,411 | $0.001000 | $1.53 | $1.53 | 1x | $1.53 | 4.94% |
Overture Networks Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Overture Networks Patents
Overture Networks Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20120284491-A1 | Startup/shutdown sequence | Inactive | 29-Oct-2010 | ||
| EP-1625705-A2 | Protected switching ring | Inactive | 06-May-2003 | ||
| CA-2566005-A1 | Protected switching ring | Active | 06-May-2003 | ||
| CA-2566005-C | Protected switching ring | Inactive | 06-May-2003 | ||
| AU-2002336518-A1 | Dynamic control of a phase-locked loop | Inactive | 13-Sep-2001 |
Overture Networks Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Overture Networks Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Armada Investment | Family Office | Minority | ||
| Charlotte Angel Fund | Angel Group | Minority | ||
| Columbia Capital | Venture Capital | Minority | ||
| Globespan Capital Partners | Venture Capital | Minority | ||
| Gray Ventures | Venture Capital | Minority |
Overture Networks Acquisitions (3)
Overture Networks’s most recent deal was a Merger/Acquisition with Hatteras Networks. The deal was made on 21-Mar-2011.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Hatteras Networks | 21-Mar-2011 | Merger/Acquisition | Connectivity Products | ||
| Ceterus Networks | 17-Dec-2008 | Merger/Acquisition | Telecommunications Service Providers | ||
| Keylime Software | 02-Jan-2003 | Merger/Acquisition | Media and Information Services (B2B) |
Overture Networks FAQs
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When was Overture Networks founded?
Overture Networks was founded in 2000.
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Where is Overture Networks headquartered?
Overture Networks is headquartered in Morrisville, NC.
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What is the size of Overture Networks?
Overture Networks has 202 total employees.
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What industry is Overture Networks in?
Overture Networks’s primary industry is Connectivity Products.
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Is Overture Networks a private or public company?
Overture Networks is a Private company.
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What is the current valuation of Overture Networks?
The current valuation of Overture Networks is .
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What is Overture Networks’s current revenue?
The current revenue for Overture Networks is .
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How much funding has Overture Networks raised over time?
Overture Networks has raised $138M.
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Who are Overture Networks’s investors?
Armada Investment, Charlotte Angel Fund, Columbia Capital, Globespan Capital Partners, and Gray Ventures are 5 of 15 investors who have invested in Overture Networks.
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When was Overture Networks acquired?
Overture Networks was acquired on 13-Jan-2016.
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Who acquired Overture Networks?
Overture Networks was acquired by Adtran Networks.
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