Seranoa Networks

company

About

Seranoa Networks is a maker of service edge concentrators.

Details

Last Funding Type
Series B
Last Funding Money Raised
$9M
Industries
Consumer Electronics,Information Technology,Internet,Professional Networking,Semiconductor,Service Industry,Software,Telecommunications
Founded date
Jan 1, 2000
Operating Status
Active

Seranoa Networks is building an innovative product line that allows network service providers to economically enhance the capacity, performance and availability of their high-margin data communication services by building on existing infrastructure investments. Their products are based on their patent-pending designs that incorporate next-generation optical, semiconductor and software technologies, delivering unprecedented capabilities and value.
In today's challenging telecom market, IP service providers must watch every penny. Yet, to serve the growing number of businesses that access the Internet over dedicated circuits, service providers continue to fill their edge routers with expensive, underpowered WAN line cards. It's an unfortunate situation, but until now, there was no alternative.

Venture-backed Seranoa Networks has taken a fresh look at the Internet edge. Founded and led by a cadre of successful serial entrepreneurs, Seranoa Networks has developed patent-pending technology that helps IP service providers get more from their edge routers. Seranoa's Edge Concentrators are a unique new approach to subscriber circuit aggregation that slashes price per port, multiplies edge router capacity, and enables automatic recovery from previously unrecoverable failures. Based on broadly supported standards, the Seranoa product family helps IP service providers use their existing edge routers to generate more revenue at less cost.

To continue bringing these benefits to market, Seranoa Networks is expanding its team of best and brightest in the industry and has convened an advisory board of leading telecom experts. Together, these talented professionals are shaping the next generation of IP solutions for service providers. If you enjoy working in a team-oriented environment and want to help create exceptional products from the latest in hardware and software, Seranoa Networks is the place for you.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$24.75M
Seranoa Networks has raised a total of $24.75M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2003 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 6, 2003 Series B $9M 1 Detail
Oct 11, 2002 Series Unknown $15.75M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Seranoa Networks is funded by 1 investors. Advent International are the most recent investors.
Investor Name Lead Investor Funding Round
Advent International Series B