Frontier Communications
Acquisition in 2024
Frontier Communications is an independent telecommunications provider offering regulated and unregulated voice, data, and video services to residential, business, and wholesale customers across the United States.
Pivotal Commware
Series D in 2023
Pivotal Commware, Inc. is a technology company specializing in the development of software-defined antennas and radios that leverage holographic beamforming technology. Founded in 2016 and based in Kirkland, Washington, the company designs products aimed at enhancing network speed, capacity, and spectral efficiency. Its offerings include platforms such as beamformers and systems for 5G echo subscribers and drone beamforming antennas. Additionally, Pivotal Commware provides intelligent beam management systems that facilitate wireless communication by enabling multiple concurrent transmissions on the same frequency without interference. This technology allows wireless service providers to optimize the use of spectrum in a given area, thereby improving broadband network performance.
Verana Networks
Venture Round in 2023
Founded in 2019, Verana Networks specializes in developing innovative 5G Radio Access Network solutions for service providers who have licensed millimeter wave spectrum. Its focus is on enabling high-speed and high-capacity 5G services to drive new applications and revenue growth.
Caban Systems
Series B in 2022
Caban Systems, founded in 2017 and based in San Mateo, California, specializes in the design and manufacture of modular lithium-ion energy storage systems tailored for the telecommunications industry. The company focuses on providing software-enabled solutions that enhance energy management for off-grid and weak-grid telecom sites. By utilizing intelligent lithium-ion battery packs, Caban Systems aims to prevent downtime and lower the total cost of ownership and maintenance for telecom towers. This approach not only helps clients save on energy expenses but also contributes to reduced emissions, making it a valuable partner for telecommunication companies and mobile network operators.
Casa Systems, Inc. is a communications technology company that specializes in providing innovative solutions for broadband and wireless networks across various global regions, including North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific. Founded in 2003 and headquartered in Andover, Massachusetts, Casa Systems offers a diverse range of products, including converged cable access platforms, wireless network core products like 5G core solutions, and optical access technologies. Their offerings also encompass machine-to-machine routers, industrial Internet of Things devices, and advanced network edge solutions designed to enhance digital video and broadband IP services. By delivering software-centric infrastructure, the company enables cable service providers to efficiently offer voice, video, and data services at multi-gigabit speeds, facilitating the transition to more integrated and virtualized network architectures.
Cellwize specializes in accelerating next-generation mobile networks through its cloud-based automation platform, Chime. This AI-driven solution enables mobile network operators to swiftly deploy and manage 5G networks, optimize coverage, and enhance user experience across diverse environments.
Bluegrass Cellular
Acquisition in 2020
Bluegrass Cellular is a pioneering wireless carrier based in rural Kentucky, having launched its services in May 1991 with analog cellular network coverage. The company initiated its operations by establishing cellular sites in multiple locations, including Bowling Green, Glasgow, and Elizabethtown, and has since expanded to cover 40 counties within its licensed areas. In October 1998, Bluegrass Cellular transitioned to digital cellular services, followed by the introduction of enhanced 2G services in November 2004 and EVDO 3G high-speed data service in late 2007. The company also offers a range of customer-centric services, including a trade-in program, HD calling, DVR streaming, and flexible payment plans, emphasizing its commitment to providing reliable wireless communication in underserved regions.
TracFone Wireless
Acquisition in 2020
TracFone Wireless, Inc. is a Miami-based provider of prepaid wireless phone services, established in 1996. The company specializes in no-contract plans that cater to diverse lifestyles and budgets, allowing customers to retain unused data, texts, and minutes through its unlimited carryover feature. TracFone offers a range of services, including international long-distance calling, ringtones, games, voicemail, and technical support. Customers can purchase cell phones and airtime cards both online and at retail locations throughout the United States, Hawaii, Alaska, and Puerto Rico. Formerly known as Topp Telecom, Inc., TracFone adopted its current name in 2000 and has since operated as a subsidiary of America Movil S.A.B. de C.V. The company aims to provide simple and effective telecommunications solutions, empowering millions of Americans to stay connected with their loved ones.
PICadvanced
Series A in 2020
PICadvanced, S.A., founded in 2014 and based in Ilhavo, Portugal, specializes in developing and manufacturing optoelectronic transceivers using integrated photonics. The company offers a range of services including design and layout, packaging, testing, assembly, and software development for optical chips. PICadvanced addresses complex problems through optics, serving various industries such as telecommunications and biomedicine. Its expertise lies in optical chip design, development, and packaging, providing innovative solutions for photonic integrated circuits.
Airlinq develops an enterprise-grade cloud and edge platform offering global connectivity for IoT and M2M services. This scalable platform enables automakers, mobile network operators, and consumers worldwide to deploy large-scale connected applications with mission-critical latency, security, and reliability.
HEAVY.AI develops a big data analytics and visualization platform that helps governments and businesses analyze and visualize opportunities and risks hidden in large location- and time-based datasets. The platform combines a structured query language–compliant database optimized for graphics processing units with an advanced visual analytics engine and a web-based front end for rendering multi-billion-record data sets. By leveraging the parallel processing power of modern GPU and CPU hardware, it supports high-impact decision-making across sectors such as government, telecommunications, energy, utilities, and higher education.
Lumina Networks
Series A in 2018
Lumina Networks, Inc. specializes in designing and developing open-source networking solutions aimed at simplifying and automating diverse network environments. Founded in 2017 and headquartered in San Jose, California, with additional offices globally, the company offers a range of products including the Lumina extension adaptation platform, Lumina SDN controller, and Lumina network resource manager. Lumina is committed to transforming how communication service providers utilize open-source platforms, enabling them to regain control over their network development and deployment. The company's solutions encompass network visibility, software-defined data centers, SD-Core, and internet-based service automation, facilitating a customer-centric approach to delivering customizable services. By leveraging open-source technologies, Lumina Networks empowers service providers to implement production-ready, intent-driven networking without vendor lock-in, fostering innovation and agility in their operations.
WideOpenWest - Fiber-Optic Network
Acquisition in 2017
WideOpenWest - Fiber-Optic Network is designed to support multiuse services.
Straight Path Communications
Acquisition in 2017
Straight Path Communications Inc. is a telecommunications company based in Glen Allen, Virginia, that specializes in owning and licensing millimeter wave spectrum for 5G wireless services in the United States. Established in 2013, the company holds a significant portfolio of 39 GHz and 28 GHz wireless spectrum licenses, which it offers to mobile network operators and internet service providers. By leasing its spectrum licenses, Straight Path enables clients to enhance network capacity and improve the quality and speed of data transmission. In addition to its core spectrum business, the company is also involved in developing next-generation wireless technology through its subsidiary, Straight Path Ventures, and manages certain patents via its Straight Path IP Group subsidiary. As of early 2018, Straight Path operates as a subsidiary of Verizon Communications Inc.
HEAVY.AI develops a big data analytics and visualization platform that helps governments and businesses analyze and visualize opportunities and risks hidden in large location- and time-based datasets. The platform combines a structured query language–compliant database optimized for graphics processing units with an advanced visual analytics engine and a web-based front end for rendering multi-billion-record data sets. By leveraging the parallel processing power of modern GPU and CPU hardware, it supports high-impact decision-making across sectors such as government, telecommunications, energy, utilities, and higher education.
HEAVY.AI develops a big data analytics and visualization platform that helps governments and businesses analyze and visualize opportunities and risks hidden in large location- and time-based datasets. The platform combines a structured query language–compliant database optimized for graphics processing units with an advanced visual analytics engine and a web-based front end for rendering multi-billion-record data sets. By leveraging the parallel processing power of modern GPU and CPU hardware, it supports high-impact decision-making across sectors such as government, telecommunications, energy, utilities, and higher education.
XO Communications
Acquisition in 2016
XO Communications, LLC is a telecommunications company that operates an integrated fiber optic network, providing a wide range of services in the United States and internationally. The company offers networking services such as bandwidth on demand, wide area networking, Ethernet services, and Internet access. Additionally, it provides unified communications solutions, including hosted PBX, voice over IP, and traditional voice services. XO Communications also specializes in cloud and IT services, encompassing cloud computing, hosted exchange, and colocation, along with managed security services. Its clientele includes enterprise, small, and medium businesses across various industries, including finance, healthcare, media, and retail, as well as telecommunications carriers and content providers. Founded in 2000 and based in Herndon, Virginia, XO Communications operates as a subsidiary of Verizon Communications Inc.
Jana Mobile Inc. is a Boston-based company that operates the mCent application, which allows users in emerging markets such as Asia, Latin America, and Africa to download and try applications without incurring data charges. Founded in 2008 and previously known as txteagle, Inc., Jana has established partnerships with over 300 mobile operators to provide free internet connectivity to its users. The mCent app has attracted more than 30 million users, facilitating the consumption of 4.0 billion megabytes of app usage. By leveraging mobile advertising, Jana offsets data costs for users, enabling clients such as Twitter, Amazon, and Tencent to engage effectively with consumers in these markets. The company's innovative approach helps make free apps truly accessible in regions where data costs can be a barrier.
Veniam is a technology company focused on enhancing future mobility and urban connectivity through intelligent networking software. It specializes in developing vehicular mesh networks that transform vehicles into Wi-Fi hotspots, thereby expanding wireless coverage in urban environments. The company supports various applications, including delivery fleets, dash-cams, telematics, connected cars, and autonomous vehicles, enabling new in-vehicle experiences and efficient data management. Veniam holds an extensive IP portfolio with over 140 issued patents, optimizing the use of various networks such as 4G/5G and Wi-Fi to facilitate the transfer of substantial data between vehicles and the cloud. Founded in 2012 and headquartered in Mountain View, California, Veniam operates an Engineering Center in Porto, Portugal, and has sales offices in Detroit, Munich, and Tokyo. Its mission is to improve lives by securely managing data flows within the emerging mobility ecosystem, often referred to as the Internet of Moving Things. Recognized as one of the most disruptive companies globally, Veniam collaborates with major fleets, automotive OEMs, and Tier 1 suppliers to drive innovation in connected mobility solutions.
Kumu Networks
Series C in 2016
Founded in 2011, Kumu Networks designs and manufactures wireless systems using innovative full-duplex technology. This enables radios to transmit and receive signals simultaneously on a single channel, improving performance and reducing complexity across various wireless devices.
ItsOn, Inc. is a cloud-based software company that specializes in enhancing mobile service delivery for carriers and content providers. Founded in 2008 and headquartered in Redwood City, California, ItsOn offers a platform that enables real-time service customization, allowing mobile operators to tailor services to specific user demographics and device types. The platform provides consumers and enterprise managers with visibility and control over voice, text, and data usage, facilitating a direct-to-consumer approach. ItsOn's innovative solutions have made it a leader in the carrier space, with significant partnerships, including key accounts such as Sprint and Virgin Mobile. The company launched the first end-to-end solution for virtual policy and billing in 2014, positioning itself at the forefront of telecommunications innovation. ItsOn serves a diverse clientele, including mobile operators, OEMs, retailers, and consumers both in the United States and internationally.
Bounce Imaging
Grant in 2015
Bounce Imaging, Inc. is a manufacturer of tactical throwable cameras equipped with multiple lenses and sensors, designed primarily for police and fire responders. The company specializes in developing omnidirectional cameras and sensor technology that allows first responders to safely monitor hazardous environments from a distance, enhancing their operational safety. Founded in 2012 and headquartered in Buffalo, New York, Bounce Imaging provides a variety of supportive accessories such as pole attachments, tethers, car chargers, headsets, wrist straps, and magnetic mounts. In addition to its hardware offerings, the company also delivers cloud services, including technical consulting, design and implementation support, and troubleshooting assistance for imaging and processing hardware. Bounce Imaging's innovative solutions enable users to capture real-time videos and sensor data consistently, even in challenging conditions, making it a valuable asset in the defense and first response sectors.
CENX, Inc. is a provider of service orchestration solutions for mobile, wireline, cable, and cloud data center service providers, operating in Canada and internationally. Founded in 2009 and based in Ottawa, Canada, the company specializes in automating the lifecycle management of data services across various network infrastructures, including network functions virtualization (NFV) and software-defined networking (SDN). Its flagship product, the Cortx Service Orchestrator, streamlines the ordering, provisioning, monitoring, and assurance of data connectivity services, significantly reducing manual processes. CENX's offerings encompass mobile backhaul, enterprise connectivity, cloud exchange, and machine-to-machine services. Additionally, the company provides professional services such as data audits, automated access ordering, installation, integration, and technical support, ensuring comprehensive assistance for its tier 1 service provider clients. CENX has established itself as a key player in the Carrier Ethernet market, contributing to industry standards and innovation through its involvement with the Metro Ethernet Forum.
Sweet is a company focused on helping consumers lower their phone bills while maintaining quality coverage. By analyzing wireless plans, Sweet identifies potential savings for users, with many customers saving an average of over $300 per year. The sign-up process is designed to be quick and straightforward, allowing users to save time by having Sweet handle communications with phone carriers on their behalf. The company prioritizes customer privacy and security, employing advanced encryption technology to protect personal information. Sweet partners with major wireless providers to ensure nationwide coverage and reliable service, drawing on the expertise of its founders who have backgrounds in well-known companies.
CENX
Venture Round in 2015
CENX, Inc. is a provider of service orchestration solutions for mobile, wireline, cable, and cloud data center service providers, operating in Canada and internationally. Founded in 2009 and based in Ottawa, Canada, the company specializes in automating the lifecycle management of data services across various network infrastructures, including network functions virtualization (NFV) and software-defined networking (SDN). Its flagship product, the Cortx Service Orchestrator, streamlines the ordering, provisioning, monitoring, and assurance of data connectivity services, significantly reducing manual processes. CENX's offerings encompass mobile backhaul, enterprise connectivity, cloud exchange, and machine-to-machine services. Additionally, the company provides professional services such as data audits, automated access ordering, installation, integration, and technical support, ensuring comprehensive assistance for its tier 1 service provider clients. CENX has established itself as a key player in the Carrier Ethernet market, contributing to industry standards and innovation through its involvement with the Metro Ethernet Forum.
Newlans Inc., established in 2003 and based in Acton, Massachusetts, specializes in programmable analog signal processing solutions for the semiconductor industry. As a fabless company, Newlans develops high-quality, programmable Silicon-on-Insulator (SOI) capacitors and components, primarily serving smartphone original equipment manufacturers and radio frequency front-end module suppliers. Its products enable tunable RFFE solutions, addressing the increasing demand for flexible and efficient RF front-ends in 4G LTE devices.
NantHealth
Series B in 2012
NantHealth is a healthcare company focused on transforming the delivery of care through an evidence-based platform that integrates science and technology. The company specializes in precision medicine, developing software and hardware that collect, index, analyze, and interpret molecular, financial, clinical, and operational data. This comprehensive approach aims to empower physicians, patients, payers, and researchers by providing them with crucial information to make informed decisions. NantHealth's solutions enhance diagnostics, enabling better identification and targeting of specific disease characteristics, particularly in cancer care. By promoting an integrated, genomically-informed, and personalized approach, the company seeks to advance clinical delivery and foster overall wellness in healthcare.
CENX
Venture Round in 2012
CENX, Inc. is a provider of service orchestration solutions for mobile, wireline, cable, and cloud data center service providers, operating in Canada and internationally. Founded in 2009 and based in Ottawa, Canada, the company specializes in automating the lifecycle management of data services across various network infrastructures, including network functions virtualization (NFV) and software-defined networking (SDN). Its flagship product, the Cortx Service Orchestrator, streamlines the ordering, provisioning, monitoring, and assurance of data connectivity services, significantly reducing manual processes. CENX's offerings encompass mobile backhaul, enterprise connectivity, cloud exchange, and machine-to-machine services. Additionally, the company provides professional services such as data audits, automated access ordering, installation, integration, and technical support, ensuring comprehensive assistance for its tier 1 service provider clients. CENX has established itself as a key player in the Carrier Ethernet market, contributing to industry standards and innovation through its involvement with the Metro Ethernet Forum.
BL Healthcare
Venture Round in 2011
BL Healthcare, Inc. is a technology company that specializes in creating integrated solutions for patient-provider connectivity, focusing on telehealth and remote monitoring. Founded in 2005 and based in Mansfield, Massachusetts, the company develops a range of devices and applications that facilitate real-time interactions between patients and their caregivers. Its product offerings include the Healthcare Access Monitor for telemonitoring, the Healthcare Access Tablet with an interactive touchscreen, and the Healthcare Access Navigator that connects patients to healthcare providers via their televisions. Additionally, the company provides the Healthcare Access Station for clinical applications and a variety of medical peripherals, such as blood pressure monitors and digital thermometers. BL Healthcare's solutions cater to a diverse clientele, including accountable care organizations, hospitals, insurers, and senior care facilities, enabling effective management of wellness and disease states in various healthcare settings, particularly in the home environment.
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.
Verizon Communications
Series B in 2010
Verizon Communications provides telecommunications, information, and entertainment services to consumers, businesses, and government customers worldwide. It delivers wireless voice and data services, broadband internet, and video offerings, as well as devices and accessories through its consumer channels. In its business segment, the company offers private networking, cloud connectivity, software defined networking, and Internet protocol based voice and collaboration tools, along with security services, managed services, and data solutions. Verizon supports enterprise and government customers with IoT solutions, installation and maintenance services, and connectivity for a range of applications. The company also furnishes wholesale network access and partners with other firms to develop innovative 5G and edge computing capabilities. Through its broader portfolio, Verizon aims to connect people and devices, delivering integrated telecommunications and digital services on a global scale.
Geodelic Systems
Venture Round in 2010
Geodelic Systems, Inc. is a technology company that offers a white-label platform designed to support mobile web, desktop web, notifications, and smartphone applications. Founded in 2007 and based in Los Angeles, California, Geodelic provides services through its GeoBuys platform, which includes merchant self-service tools, targeted consumer offer discovery, and real-time analytics. Additionally, the company offers GeoGuides, enabling businesses to create mobile content and engage consumers in commerce activities. Geodelic serves a diverse clientele, including prominent mobile operators and enterprises across the United States, Europe, and Asia, helping them deliver flexible offers and rich content to effectively engage consumers.
4Home
Funding Round in 2010
4Home is a technology company specializing in software and services for original equipment manufacturer (OEM) networking hardware partners and broadband service providers. The company has developed an XML-based platform that enables these partners to deliver various applications and services into the connected home. 4Home's solutions allow users to automate numerous tasks, such as remotely monitoring their homes, accessing web content on TVs, controlling home systems via mobile phones, managing all home devices and digital media through a unified interface, and tracking energy usage at the device level. The company envisions "home control services" as the next suite of offerings for major broadband providers, encompassing areas like home monitoring, media and entertainment management, home health, and energy management. 4Home was recognized with five CES 2008 Innovation awards.
Alltel
Acquisition in 2008
Alltel is a telecommunications company based in Rockport, Texas, that offers a wide range of wireless communication services and products for both consumers and businesses. It serves various industries, including transportation, retail, insurance, healthcare, construction, and financial services. Alltel's offerings encompass wireless voice and data communication, postpaid and prepaid calling options, roaming and long-distance services, and diverse data solutions. The company provides additional services such as text and video messaging, digital gaming, radio streaming, internet access, and email. It also delivers business intelligence, field service automation, security, and systems management solutions, along with mobile handsets and accessories. As a subsidiary of Verizon Wireless and AT&T, Alltel plays a significant role in the telecommunications landscape in North America and the Caribbean.
Rural Cellular
Acquisition in 2007
Rural Cellular was a telecommunications company
Flash Networks
Series F in 2006
Flash Networks Ltd., founded in 1996 and based in Herzliya, Israel, specializes in mobile Internet optimization and monetization solutions for telecommunications operators. The company provides a range of services, including radio spectral efficiency solutions, data congestion control, and cybersecurity measures, aimed at enhancing user experience and operational efficiency. With its intelligent Internet services gateway, Flash Networks helps operators optimize data traffic and implement targeted marketing strategies, which can lead to substantial cost savings. The company's technology focuses on improving radio resource management, enabling operators to serve more users effectively while reducing operational expenses. Flash Networks has established a global presence with offices in Europe, Asia, and North America, serving top-tier mobile carriers such as O2, Orange, and Verizon Wireless. As of August 2020, it operates as a subsidiary of Volaris Group Inc.
Qwest Wireless Spectrum - Network Assets
Acquisition in 2005
Qwest Wireless Spectrum - Network Assets includes spectrum licenses in 62 markets in 14 western and mid-western states, covering a population of 30.8 million people. These licenses, all in the 1900 MHz PCS frequency range, average nearly 10 MHz per market. The transaction also includes Qwest Wireless' network switching centers, cell sites and related network equipment, which operate on the CDMA standard, the same as the Verizon Wireless network.
MCI Communications was a prominent telecommunications service provider in the United States, specializing in a wide range of communication services for businesses, governments, and individuals. Founded in 1963, the company initially operated microwave relay stations and offered two-way radio services. Through a strategy of mergers and acquisitions, MCI expanded rapidly, becoming the second-largest telecommunications company in the U.S. by 1990. Its services included local and long-distance calling, internet access, voice mail, equipment-managed network services, and data services, which facilitated effective remote collaboration for its clients. However, MCI faced challenges due to U.S. regulatory laws and was ultimately acquired by WorldCom in 1997 in a deal valued at $34.7 million.
Verizon Avenue (dba Verizon Enhanced Communities)
Acquisition in 2000
Verizon Avenue Corporation is a provider of Internet, TV, and phone services to single- and multi-family residential communities, co-ops and condominiums, and multi-tenant commercial properties in the United States.
GTE Corporation
Acquisition in 2000
GTE Laboratories (now Verizon) is an independent telephone company providing telephone communication services.
GTE, originally known as General Telephone & Electronics Corporation, is a telecommunications provider based in Stamford, Connecticut, established in 1918. The company offers a range of telecommunication products and services primarily in the United States, with operations extending to Canada through subsidiaries such as BC TEL and Quebec-Téléphone. In addition to its telecommunications services, GTE has a history of involvement in manufacturing test, measurement, and control instruments for various applications. These products include data loggers, fiber scopes, force gauges, gas detectors, and various types of meters such as pressure gauges and thermometers. GTE has also engaged in joint ventures, notably an interactive television service prior to its merger with Bell Atlantic.