Comcast

Comcast Corporation, headquartered in Philadelphia, is a global media and technology company with two main divisions: Comcast Cable and NBCUniversal. Comcast Cable provides video, high-speed internet, phone, wireless security, and automation services to residential and business customers under the XFINITY brand. NBCUniversal operates news, entertainment, and sports cable networks, broadcast networks NBC and Telemundo, television production operations, station groups, Universal Pictures, and Universal Parks and Resorts. Comcast Ventures, established in 1999, is the venture capital affiliate of Comcast Corporation, investing in transformative consumer and enterprise companies across various sectors, typically from seed to late-stage growth, with initial investments ranging from $2 million to $25 million.

Kai Bond

Partner

Michelle Chang

Partner

Rocky Gupta

EVP - Treasurer

Samir Gupte

Senior Associate

Broderick D. Johnson

EVP Of Public Policy and Digital Equity

Arjun Kapur

Managing Director

Gorav Khanna

Associate

Ryan Lee

Principal

Sophia Marshall

Senior Vice President, Division Communications

Shivani Mathur

Associate

Marc Silberman

Partner

Dalila Wilson-Scott

EVP, Chief Diversity Officer and President, Comcast NBCUniversal Foundation

Past deals in Networking

Cooper

Seed Round in 2020
Based in Amsterdam and founded in 2018, Cooper is a private professional network. Cooper helps anyone get quality introductions from the people they trust, by focusing on meaningful, trusted, and real relationships. Founders Robert Gaal and Emiel van Liere met while building successful social consumer platforms, such as Hyves (acquired by TMG) and Wakoopa (acquired by GfK).

Deep Blue Communications

Acquisition in 2019
Deep Blue Communications, LLC is a leading provider of engineering, installation, and management services for commercial Wi-Fi networks, with a focus on hotels, entertainment venues, retail spaces, and marinas across the United States, Canada, Mexico, and the Caribbean. Established in 2002 and headquartered in Latham, New York, the company also operates an additional office in Menands, New York, along with satellite offices nationwide. Deep Blue offers a comprehensive suite of services, including IP network project management, Wi-Fi engineering and installation, help desk support, conferencing solutions, and Enhanced Network Services. The company is also known for its mobile-based MyDeepBlue Dashboard, which provides valuable insights into guest Wi-Fi networks. Formerly known as WiFiFee, LLC, Deep Blue Communications has positioned itself as an industry leader for over 15 years, recognized for its growth and innovation in integrating hospitality, retail, and entertainment services. As of May 2019, it operates as a subsidiary of Comcast Corporation.

Plume Design

Series C in 2017
Plume Design, Inc. is a technology company that specializes in adaptive home Wi-Fi solutions and the manufacture of Wi-Fi devices. Founded in 2015 and headquartered in Palo Alto, California, Plume provides a software-as-a-service platform designed for communications service providers. This platform facilitates the delivery of enhanced services for connected homes, including features such as optimal Wi-Fi performance, parental controls, and motion sensing capabilities. Plume's mobile application allows users to customize and manage their Wi-Fi networks, including controlling device access and managing passwords. The company's focus is on enhancing the smart home experience while supporting service providers with backend applications.

KodaCloud

Series A in 2015
KodaCloud Inc. is a provider of cloud-based Wi-Fi services that caters to enterprise customers in Canada. Founded in 2014 and headquartered in Campbell, California, with an additional office in Ontario, KodaCloud leverages artificial intelligence and Big Data to monitor and troubleshoot network performance. The company offers a subscription model that allows businesses to access a network of Wi-Fi access points shipped directly to their locations, eliminating the need for upfront equipment purchases or inventory management. KodaCloud’s services can be easily activated through a web portal or mobile app, enabling rapid deployment of Wi-Fi networks. By capturing real-time key performance indicators and analyzing trends, KodaCloud optimizes network performance autonomously, providing a cost-effective solution for businesses while enabling managed service providers to achieve significant profit margins through its recurring revenue model.

Contingent Network Services

Acquisition in 2015
Contingent Network Services, a subsidiary of Comcast Business, is a global IT services company specializing in network integration and management. The firm offers a comprehensive range of services, including technology deployment, network design, network security, and technical support. Additionally, Contingent provides monitoring services for both data and voice communication networks, ensuring robust and secure connectivity for its clients. By combining expertise in network management with a focus on client needs, Contingent aims to enhance the performance and reliability of communication infrastructure across various industries.

Plume Design

Series A in 2015
Plume Design, Inc. is a technology company that specializes in adaptive home Wi-Fi solutions and the manufacture of Wi-Fi devices. Founded in 2015 and headquartered in Palo Alto, California, Plume provides a software-as-a-service platform designed for communications service providers. This platform facilitates the delivery of enhanced services for connected homes, including features such as optimal Wi-Fi performance, parental controls, and motion sensing capabilities. Plume's mobile application allows users to customize and manage their Wi-Fi networks, including controlling device access and managing passwords. The company's focus is on enhancing the smart home experience while supporting service providers with backend applications.

Benu Networks

Series C in 2015
Benu Networks is a privately held telecommunications software company based in Billerica, Massachusetts. The company specializes in developing innovative software solutions that simplify complex edge networks. Its next-generation Virtual Service Edge (VSE) platform integrates cable modem termination system (CMTS) functions, allowing network operators to create and deliver Internet Protocol (IP) services over a converged infrastructure. With over a decade of industry experience, Benu Networks focuses on transforming legacy networks, managing services elastically, and supporting the transition to 5G technology. The company is backed by reputable venture capital firms, underscoring its potential for growth and impact in the telecommunications sector.

PowerCloud Systems

Acquisition in 2014
PowerCloud Systems specializes in cloud-managed networking solutions, enabling businesses to centrally deploy, configure, secure, and manage wireless access points and routers across multiple locations. Their CloudCommand technology empowers original equipment manufacturers (OEMs) and service providers to swiftly integrate comprehensive cloud capabilities into new and existing networking devices. PowerCloud collaborates with leading networking vendors and serves thousands of organizations worldwide.

Spectrum

Acquisition in 2014
Spectrum is a cable telecommunications company that provides a diverse array of home entertainment and information services. Its offerings include video on-demand, digital video recording, high-speed internet access, and various communication tools, as well as home automation and monitoring services. In addition to residential services, Spectrum also caters to business clients with data and network services, video programming, and music services. Established in 1989 and headquartered in Herndon, Virginia, Spectrum operates in multiple regions, including New York State, the Carolinas, Ohio, Kentucky, Wisconsin, Southern California, and Texas. The company has grown to serve approximately 15 million customers.

Compass-EOS

Series F in 2013
Compass-EOS radically changes network routing by shifting it into the age of silicon photonics. The Compass-EOS icPhotonics technology is the world’s first commercial silicon for inter-chip optical interconnect, unleashing the next revolution in routing architectures. Its family of carrier-grade routers is a new breed of scale-out routers, enabling SDN-based, simplified architectures in service provider networks. Since 2006 Compass has attracted top-tier investors ranging from leading venture capital funds to service providers and core routing suppliers.

Nextdoor

Series C in 2013
Nextdoor, Inc. is a social networking platform based in San Francisco that facilitates local conversations among residents. Founded in 2007, the company aims to foster connections within neighborhoods by allowing users to share recommendations, news updates, and resources while also promoting local businesses and services. Nextdoor enhances community engagement by offering features like the Help Map, which enables neighbors to offer assistance to those in need, particularly during crises such as the Covid-19 pandemic. With a presence in multiple countries, including the United States, the United Kingdom, and several European nations, Nextdoor seeks to create a sense of belonging and support among neighbors, emphasizing the importance of community in people's lives.

Benu Networks

Series B in 2013
Benu Networks is a privately held telecommunications software company based in Billerica, Massachusetts. The company specializes in developing innovative software solutions that simplify complex edge networks. Its next-generation Virtual Service Edge (VSE) platform integrates cable modem termination system (CMTS) functions, allowing network operators to create and deliver Internet Protocol (IP) services over a converged infrastructure. With over a decade of industry experience, Benu Networks focuses on transforming legacy networks, managing services elastically, and supporting the transition to 5G technology. The company is backed by reputable venture capital firms, underscoring its potential for growth and impact in the telecommunications sector.

Compass-EOS

Series E in 2011
Compass-EOS radically changes network routing by shifting it into the age of silicon photonics. The Compass-EOS icPhotonics technology is the world’s first commercial silicon for inter-chip optical interconnect, unleashing the next revolution in routing architectures. Its family of carrier-grade routers is a new breed of scale-out routers, enabling SDN-based, simplified architectures in service provider networks. Since 2006 Compass has attracted top-tier investors ranging from leading venture capital funds to service providers and core routing suppliers.

Benu Networks

Seed Round in 2011
Benu Networks is a privately held telecommunications software company based in Billerica, Massachusetts. The company specializes in developing innovative software solutions that simplify complex edge networks. Its next-generation Virtual Service Edge (VSE) platform integrates cable modem termination system (CMTS) functions, allowing network operators to create and deliver Internet Protocol (IP) services over a converged infrastructure. With over a decade of industry experience, Benu Networks focuses on transforming legacy networks, managing services elastically, and supporting the transition to 5G technology. The company is backed by reputable venture capital firms, underscoring its potential for growth and impact in the telecommunications sector.

ConteXtream

Series B in 2010
ConteXtream is a privately held software company based in Santa Clara, California, specializing in cloud-based network virtualization technology. It offers a pioneering framework that enables network operators to enhance the performance and profitability of their broadband networks through proven virtualization and grid technologies. The company's Service Delivery Grid is designed to deliver higher network performance at a lower cost per subscriber, allowing operators to customize applications for individual subscribers, thereby creating a highly personalized user experience. ConteXtream's carrier-grade network visualization technology is utilized by Tier-1 operators, facilitating the elastic connection of subscribers to services and enabling the virtualization of functions on standard server hardware, ultimately replacing traditional proprietary systems.

New Global Telecom

Acquisition in 2010
New Global Telecom is a leading provider of telecommunications infrastructure and services, specializing in the development of advanced networks across Latin America and Asia. The company primarily focuses on building direct networks and supplying international telecommunications services to Tier I carriers in the United States and other regions. With a monthly volume exceeding 90 million minutes sold to inter-exchange carriers globally, New Global Telecom has established a significant presence in the market. Additionally, the company leverages its extensive in-house expertise to offer a range of telecommunications management services designed to assist both emerging and established carriers in navigating the complexities of the evolving telecommunications landscape. As a fully integrated global communications provider, New Global Telecom delivers retail and wholesale internet, data, and switched voice services, positioning itself to lead the deployment of converged networks in emerging markets.

Cedar Point Communications

Debt Financing in 2009
Cedar Point Communications specializes in integrated voice over Internet Protocol (VoIP) and multimedia switching technologies tailored for the telecommunications industry, both for service providers and enterprises. The company's key offerings include SAFARI C3, a media switching system that facilitates the transition to Internet Protocol Multimedia Subsystem (IMS) architecture for converged networks, and SAFARI eMG, a flexible media gateway. In addition to its product suite, Cedar Point Communications provides training and comprehensive customer support services. The company caters to a diverse clientele, including information technology departments, network operators, cable operators, telecommunications carriers, enterprise customers, and educational institutions. Founded in 2000, Cedar Point Communications is headquartered in Derry, New Hampshire, with an additional office located in Meersburg, Germany.

Verivue

Series C in 2009
Verivue, Inc. specializes in developing and marketing high-performance IP platforms designed for network operators to efficiently distribute, deliver, and control large volumes of IP-based media traffic across various devices. The company provides solutions that enhance content delivery for both managed and unmanaged service provider networks. One of its key offerings, the OneVantage Content Delivery Solution, leverages principles of web scale and cloud computing, ensuring scalability in content caching and delivery bandwidth while incorporating advanced clustering techniques for resilience. Verivue markets its products through direct sales and international distribution partners, focusing on licensed content-delivery network technologies.

Vyatta

Series C in 2009
Vyatta, Inc. is a technology company specializing in network routing and security solutions, providing both software and hardware appliances. Its offerings include an enterprise-class software solution for network routing, security, and traffic management, which can be deployed on Intel and AMD hardware and within various virtual environments, such as VMware, Xen, and Hyper-V. The company also supplies pre-integrated hardware appliances that enhance network performance by combining its software with x86-based platforms. Additionally, Vyatta offers a range of services, including documentation, training, technical support, network architecture design, and migration planning. Its diverse clientele spans across service providers, government agencies, and educational institutions, and the company distributes its products through a network of partners and online channels in multiple regions, including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Founded in 2005 and headquartered in Belmont, California, Vyatta has established strategic partnerships with notable companies such as IBM and VMware.

Verivue

Series B in 2008
Verivue, Inc. specializes in developing and marketing high-performance IP platforms designed for network operators to efficiently distribute, deliver, and control large volumes of IP-based media traffic across various devices. The company provides solutions that enhance content delivery for both managed and unmanaged service provider networks. One of its key offerings, the OneVantage Content Delivery Solution, leverages principles of web scale and cloud computing, ensuring scalability in content caching and delivery bandwidth while incorporating advanced clustering techniques for resilience. Verivue markets its products through direct sales and international distribution partners, focusing on licensed content-delivery network technologies.

BelAir Networks

Series E in 2007
BelAir Networks specializes in the development of advanced wireless networking equipment designed to support high-performance wireless networks for service providers. Established in 2002, the company offers a range of products including indoor access points, outdoor picocell base stations, and comprehensive control and management systems. These solutions enable leading telecommunications companies, such as AT&T and Comcast, to deploy scalable and flexible wireless networks that meet the demands of increasing mobile data usage. BelAir Networks is recognized for its patented switched mesh architecture, which facilitates the creation of reliable wireless access and backhaul networks. Additionally, the company provides software solutions that utilize GIS-based mapping and GPS technology to streamline the setup and management of various Wi-Fi networks. With a focus on enhancing revenue and competitiveness for its customers, BelAir Networks has established a strong presence among Tier 1 carriers and government clients.

Vyatta

Series B in 2007
Vyatta, Inc. is a technology company specializing in network routing and security solutions, providing both software and hardware appliances. Its offerings include an enterprise-class software solution for network routing, security, and traffic management, which can be deployed on Intel and AMD hardware and within various virtual environments, such as VMware, Xen, and Hyper-V. The company also supplies pre-integrated hardware appliances that enhance network performance by combining its software with x86-based platforms. Additionally, Vyatta offers a range of services, including documentation, training, technical support, network architecture design, and migration planning. Its diverse clientele spans across service providers, government agencies, and educational institutions, and the company distributes its products through a network of partners and online channels in multiple regions, including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Founded in 2005 and headquartered in Belmont, California, Vyatta has established strategic partnerships with notable companies such as IBM and VMware.

Intellon Corporation

Venture Round in 2006
Intellon Corporation, a fabless semiconductor company, engages in the design, develop, manufacture, and marketing of integrated circuits (ICs) for powerline communications or high-speed communications over existing electrical wiring in the United States and internationally. They provides HomePlug-based ICs for home networking, networked entertainment, broadband over powerline access, ethernet-over-coax, smart grid management, and other commercial applications. The HomePlug-based ICs provide connectivity between broadband modems or routers and personal computers, set-top boxes, gaming consoles, and other electronic products within a home; and monitors electrical distribution system, as well as helps in distributing Internet, video-on-demand, and other services.

BelAir Networks

Series D in 2006
BelAir Networks specializes in the development of advanced wireless networking equipment designed to support high-performance wireless networks for service providers. Established in 2002, the company offers a range of products including indoor access points, outdoor picocell base stations, and comprehensive control and management systems. These solutions enable leading telecommunications companies, such as AT&T and Comcast, to deploy scalable and flexible wireless networks that meet the demands of increasing mobile data usage. BelAir Networks is recognized for its patented switched mesh architecture, which facilitates the creation of reliable wireless access and backhaul networks. Additionally, the company provides software solutions that utilize GIS-based mapping and GPS technology to streamline the setup and management of various Wi-Fi networks. With a focus on enhancing revenue and competitiveness for its customers, BelAir Networks has established a strong presence among Tier 1 carriers and government clients.

Movaz Networks

Venture Round in 2006
Movaz Networks is a company based in Norcross, Georgia, specializing in the manufacturing of broadband optical transport systems. Founded in 2000, it offers a range of products, including wavelength division multiplexing (WDM) equipment and advanced transport solutions, such as reconfigurable optical add-drop multiplexing. These products are designed for various applications, including metro, regional, enterprise, and government networks. Movaz Networks' solutions incorporate technologies like optical transport, distributed photonic switching, and generalized multiprotocol label switching, along with standards-based network management. The company markets its offerings through direct sales, private label partnerships, and value-added resellers, catering to telecommunications carriers, cable network providers, educational institutions, and government agencies.

BelAir Networks

Series C in 2005
BelAir Networks specializes in the development of advanced wireless networking equipment designed to support high-performance wireless networks for service providers. Established in 2002, the company offers a range of products including indoor access points, outdoor picocell base stations, and comprehensive control and management systems. These solutions enable leading telecommunications companies, such as AT&T and Comcast, to deploy scalable and flexible wireless networks that meet the demands of increasing mobile data usage. BelAir Networks is recognized for its patented switched mesh architecture, which facilitates the creation of reliable wireless access and backhaul networks. Additionally, the company provides software solutions that utilize GIS-based mapping and GPS technology to streamline the setup and management of various Wi-Fi networks. With a focus on enhancing revenue and competitiveness for its customers, BelAir Networks has established a strong presence among Tier 1 carriers and government clients.

Cedar Point Communications

Series D in 2005
Cedar Point Communications specializes in integrated voice over Internet Protocol (VoIP) and multimedia switching technologies tailored for the telecommunications industry, both for service providers and enterprises. The company's key offerings include SAFARI C3, a media switching system that facilitates the transition to Internet Protocol Multimedia Subsystem (IMS) architecture for converged networks, and SAFARI eMG, a flexible media gateway. In addition to its product suite, Cedar Point Communications provides training and comprehensive customer support services. The company caters to a diverse clientele, including information technology departments, network operators, cable operators, telecommunications carriers, enterprise customers, and educational institutions. Founded in 2000, Cedar Point Communications is headquartered in Derry, New Hampshire, with an additional office located in Meersburg, Germany.

Arcwave

Venture Round in 2004
Arcwave, formed by the merger of Advanced Radio Cells, Inc. (ARCi) and CoWave Networks in April 2003, is a leading developer and provider of affordable licensed and unlicensed band Broadband Wireless Access (BWA) solutions that enable widespread deployment of broadband services. Arcwave is backed by leading venture firms Mayfield, Venrock, Lucent, and SBV. Arcwave's ARCell™ line of BWA solutions utilizes DOCSIS (DBWA), the leading broadband standard in the world, to deliver affordable, reliable, manageable, and scalable broadband service. The ARCell™ 5GHz Point-To-Multipoint solution is a low cost, service rich solution for Wireless ISPs, enterprises, campuses, and Telcos. Arcwave's MeshCast™ air interface protocol and network architecture standard enables the mass deployment of mesh-based BWA solutions in dense urban and suburban markets. Arcwave is located in Campbell, Ca and its products are available direct and through leading distributors, resellers, and VARs in the United States, Canada, Mexico, and around the globe.

Cedar Point Communications

Series C in 2004
Cedar Point Communications specializes in integrated voice over Internet Protocol (VoIP) and multimedia switching technologies tailored for the telecommunications industry, both for service providers and enterprises. The company's key offerings include SAFARI C3, a media switching system that facilitates the transition to Internet Protocol Multimedia Subsystem (IMS) architecture for converged networks, and SAFARI eMG, a flexible media gateway. In addition to its product suite, Cedar Point Communications provides training and comprehensive customer support services. The company caters to a diverse clientele, including information technology departments, network operators, cable operators, telecommunications carriers, enterprise customers, and educational institutions. Founded in 2000, Cedar Point Communications is headquartered in Derry, New Hampshire, with an additional office located in Meersburg, Germany.

Intellon Corporation

Venture Round in 2004
Intellon Corporation, a fabless semiconductor company, engages in the design, develop, manufacture, and marketing of integrated circuits (ICs) for powerline communications or high-speed communications over existing electrical wiring in the United States and internationally. They provides HomePlug-based ICs for home networking, networked entertainment, broadband over powerline access, ethernet-over-coax, smart grid management, and other commercial applications. The HomePlug-based ICs provide connectivity between broadband modems or routers and personal computers, set-top boxes, gaming consoles, and other electronic products within a home; and monitors electrical distribution system, as well as helps in distributing Internet, video-on-demand, and other services.

ReefEdge

Venture Round in 2003
ReefEdge Inc., established in Spring 2000, specializes in wireless local area network (WLAN) systems tailored for multi-site enterprises. The company develops technologies to facilitate secure, reliable, and managed connectivity for mobile devices equipped with short-range wireless capabilities like Bluetooth. ReefEdge's products enable the deployment of innovative, location-aware mobile applications within corporate networking environments. Led by a seasoned executive team with extensive experience delivering enterprise solutions, previously from companies such as IBM, AT&T, Telcordia, and Prodigy, ReefEdge focuses on providing secure wireless network infrastructure products that ensure mobility and session persistence while offering robust management capabilities for WLANs.

SkyStream Networks

Venture Round in 2003
SkyStream Networks develops market-leading networking solutions for advanced video and IP services. Our solutions enable our service provider, enterprise and federal customers to deliver enhanced video and IP services cost-effectively over wired and wireless networks. SkyStream's customers and partners include BT, Clear Channel Worldwide, Convergent Media, EchoStar Communications Corporation, Gilat, New Skies Satellites, Safeway, Telefonica and Telespazio.

Cedar Point Communications

Series B in 2003
Cedar Point Communications specializes in integrated voice over Internet Protocol (VoIP) and multimedia switching technologies tailored for the telecommunications industry, both for service providers and enterprises. The company's key offerings include SAFARI C3, a media switching system that facilitates the transition to Internet Protocol Multimedia Subsystem (IMS) architecture for converged networks, and SAFARI eMG, a flexible media gateway. In addition to its product suite, Cedar Point Communications provides training and comprehensive customer support services. The company caters to a diverse clientele, including information technology departments, network operators, cable operators, telecommunications carriers, enterprise customers, and educational institutions. Founded in 2000, Cedar Point Communications is headquartered in Derry, New Hampshire, with an additional office located in Meersburg, Germany.

Syndeo Corporation

Series C in 2002
Syndeo Corporation, established in 1999, specializes in providing Voice-over-IP (VoIP) solutions for communications providers, particularly cable operators. The company offers the Syion Call Management Server, which integrates revenue-generating capabilities with a robust softswitch platform designed to accommodate a large subscriber base efficiently. Syndeo aims to enhance the value of next-generation converged networks through its technology. To date, the company has secured $98 million in funding from a diverse group of cable operators, strategic partners, and financial investors.

Movaz Networks

Series B in 2001
Movaz Networks is a company based in Norcross, Georgia, specializing in the manufacturing of broadband optical transport systems. Founded in 2000, it offers a range of products, including wavelength division multiplexing (WDM) equipment and advanced transport solutions, such as reconfigurable optical add-drop multiplexing. These products are designed for various applications, including metro, regional, enterprise, and government networks. Movaz Networks' solutions incorporate technologies like optical transport, distributed photonic switching, and generalized multiprotocol label switching, along with standards-based network management. The company markets its offerings through direct sales, private label partnerships, and value-added resellers, catering to telecommunications carriers, cable network providers, educational institutions, and government agencies.

Expand Networks

Series C in 2000
Expand Networks is a technology company established in 1998, recognized as a leader in the Wide Area Network (WAN) Optimization market. The company specializes in providing solutions that enhance network performance, particularly through its "Virtual Proximity" technology, which optimizes the user experience over WANs. With a client base exceeding 3,500 organizations and over 40,000 units deployed globally, Expand Networks boasts the largest installations in the industry, with more than 3,000 devices in use. Its product offerings include a virtual WAN accelerator appliance, central management software, and an accelerator operating system, catering to both enterprise and public sector clients. The company's solutions are distributed worldwide through a network of certified resellers, system integrators, managed service providers, and original equipment manufacturer partners.

VeriSign

Series C in 1996
VeriSign is the sole authorized registry for several prominent generic top-level domains, including .com and .net. The company plays a crucial role in the internet's infrastructure by managing the domain name system and operating two of the world's 13 root servers, which are essential for routing internet traffic. VeriSign oversees the DNS infrastructure for approximately 121 million domain names and handles more than 77 billion internet queries daily. By offering infrastructure assurance services such as Managed DNS and DDoS Protection, VeriSign helps ensure that online businesses remain accessible and secure. The company has refocused its efforts on its core registry business following the sale of its Security Services division in 2018.
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