WaterCove Networks Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

WaterCove Networks General Information

Description

Provider of data networking infrastructure for the deployment of next-generation mobile data services. The company's Mobile Data Service System allows wireless carriers to customize delivery and charging structure for personalized mobile data services.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 285 Billerica Road
  • Chelmsford, MA 01824
  • United States
+1 (978)
Primary Industry
Telecommunications Service Providers
Other Industries
Software Development Applications
Database Software
Application Software
Acquirer
Alcatel
Vertical(s)
TMT, Mobile
Corporate Office
  • 285 Billerica Road
  • Chelmsford, MA 01824
  • United States
+1 (978)

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WaterCove Networks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 30-Jan-2004 Completed Startup
3. Later Stage VC (Series C) 27-Jan-2003 Completed Generating Revenue
2. Early Stage VC (Series B) 19-Mar-2001 $39.9M $49.9M Completed Generating Revenue
1. Early Stage VC (Series A) 25-Oct-2000 $10M $10M Completed Startup
To view WaterCove Networks’s complete valuation and funding history, request access »

WaterCove Networks Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A
To view WaterCove Networks’s complete cap table history, request access »

WaterCove Networks Patents

WaterCove Networks Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2002318173-A1 Implementing an intelligent network service for a packet-switched service using a node interfacing a mobile communications network to a packet data network Inactive 01-Jun-2001
AU-2002312275-A1 Topping up a subscriber's account for a multimedia service on a communications network while the service is being provided Inactive 01-Jun-2001
DE-60222556-T2 Filling into account of a participant in a multimedia service on a communication network as the service will be provided Inactive 01-Jun-2001
EP-1407401-A4 Topping up a subscriber's account for a multimedia service on a communications network while the service is being provided Active 01-Jun-2001
EP-1405464-A4 Implementing an intelligent network service for a packet-switched service using a node interfacing a mobile communications network to a packet data network Inactive 01-Jun-2001 H04L65/1043
To view WaterCove Networks’s complete patent history, request access »

WaterCove Networks Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bessemer Venture Partners Venture Capital Minority
CRV Venture Capital Minority
Comdisco Ventures Venture Capital Minority
InOvate Communications Group Venture Capital Minority
Innovacom (Paris) Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

WaterCove Networks FAQs

  • When was WaterCove Networks founded?

    WaterCove Networks was founded in 2000.

  • Where is WaterCove Networks headquartered?

    WaterCove Networks is headquartered in Chelmsford, MA.

  • What industry is WaterCove Networks in?

    WaterCove Networks’s primary industry is Telecommunications Service Providers.

  • Is WaterCove Networks a private or public company?

    WaterCove Networks is a Private company.

  • What is WaterCove Networks’s current revenue?

    The current revenue for WaterCove Networks is .

  • How much funding has WaterCove Networks raised over time?

    WaterCove Networks has raised $69.9M.

  • Who are WaterCove Networks’s investors?

    Bessemer Venture Partners, CRV, Comdisco Ventures, InOvate Communications Group, and Innovacom (Paris) are 5 of 6 investors who have invested in WaterCove Networks.

  • When was WaterCove Networks acquired?

    WaterCove Networks was acquired on 30-Jan-2004.

  • Who acquired WaterCove Networks?

    WaterCove Networks was acquired by Alcatel.

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