Benu Networks - About the company
Benu Networks is an acquired company based in Billerica (United States), founded in 2010. It operates as a Global leader in high-speed connectivity, networking systems, software, and services. Benu Networks has raised $109M in funding from investors like Sutter Hill Ventures, Spark Capital and Comcast Ventures. The company has 332 active competitors, including 11 funded and 55 that have exited. Its top competitors include companies like EarthLink, Vero and Tillman Fiber.
Company Details
Global leader in high-speed connectivity, networking systems, software, and services. The company revolutionizes data transmission and network management through its innovative networking systems, components, automation software, and services. It offers solutions across cloud and AI networking, access and aggregation, metro and edge, long haul, submarine, open line systems, and secure networking. The company empowers customers to thrive in the AI era with AI-driven operations and network transformation solutions. It provides networking solutions, high-capacity switching, optical transport, programmable photonics, data security, and encryption. The company's offerings cater to various industries, including cable/MSO, education, government, finance, healthcare, and transportation. It delivers high-speed connectivity, adaptive networks, and expertise in network insights, including blogs, videos, and podcasts.
- Website
- benunetworks.com
- Email ID
- *****@benunets.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2010
Location
Billerica, United States
Stage
Acquired
Total Funding
$109M in 8 rounds
Latest Funding Round
Investors
Ranked
10th among 332 active competitors
Employee Count
51 - 200 as on Jul 01, 2024
Exit Details
Acquired by Ciena (Nov 22, 2022)
Benu Networks's acquisition details
Benu Networks got acquired by Ciena on Nov 22, 2022.
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Benu Networks's funding and investors
Benu Networks has raised a total funding of $109M over 8 rounds. Its first funding round was on May 19, 2011. Its latest funding round was a Series C round on Jul 19, 2018 for $*****. 1 investor participated in its latest round. Benu Networks has 7 institutional investors.
Here is the list of recent funding rounds of Benu Networks:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 19, 2018 | 8666234 | Series C | 4830736 | 5620772 | 3983952 | 9110498 |
Jun 27, 2017 | 5824022 | Series C | 1954641 | 1531275 | 6211907 | 9340581 |
Oct 27, 2015 | 7629037 | Series C | 7008798 | 6525888 | 7649543 | 2487169 |
View details of Benu Networks's funding rounds and investors
Benu Networks' founders and board of directors
Founder? Claim ProfileBenu Networks' employee count trend
Benu Networks has 51 - 200 employees as of Jul 24. Here is Benu Networks's employee count trend over the years:
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Benu Networks's Competitors and alternates
Top competitors of Benu Networks include EarthLink, Vero and Tillman Fiber. Here is the list of Top 10 competitors of Benu Networks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | EarthLink 1994, Atlanta (United States), Acquired | Internet service provider | - | 65/100 | |
2nd | Vero 2017, Boulder (United States), Series D | Fiber networks offers lightning-fast gigabit fiber internet for homes and businesses | $580M | 58/100 | |
3rd | Tillman Fiber 2022, New York City (United States), Series D | Provider of internet services for residential & commercial | $200M | 57/100 | |
4th | LiveOak Fiber 2022, Brunswick (United States), Series D | Provider of fiber internet services | $150M | 57/100 | |
5th | Surf Internet 2001, Elkhart (United States), Series D | Provider of fiber-optic and wireless internet, streaming TV, and phone services | $175M | 52/100 | |
6th | Flume 2019, New York City (United States), Series A | Provider of fiber cable installation and maintenance services | $4.5M | 52/100 | |
7th | DZS 1999, Plano (United States), Public | Provider of broadband internet services for homes and business sectors | - | - | 49/100 |
8th | BigBand Networks 1999, Redwood City (United States), Acquired | Video networking technology provider | $100M | 48/100 | |
9th | AP&T 1957, Port Townsend (United States), Public | Energy and telecommunications provider serving rural communities | - | 47/100 | |
10th | Benu Networks 2010, Billerica (United States), Acquired | Global leader in high-speed connectivity, networking systems, software, and services | $109M | 44/100 |
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Benu Networks's Investments and acquisitions
Benu Networks has made no investments or acquisitions yet.
News related to Benu Networks
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Ciena completes on Benu Networks and sets to acquire Tibit CommunicationsCapacity Media•Nov 30, 2022•Benu Networks, Ciena, TiBit Communications
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Ciena acquires Tibit, Benu to flesh out metro, edge portfolioFierceTelecom•Nov 22, 2022•Ciena, TiBit Communications, Benu Networks
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Benu Networks Achieves 100 Terabit BNG on Intel TechnologyTelecomDrive•May 16, 2022•Benu Networks, Intel
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Benu Networks’ SD-Edge Platform Gets Certified on VMware PlatformTelecomDrive•Mar 18, 2022•Benu Networks
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Benu Networks brings BNG, SASE products to AWS cloudTelecompaper•Feb 23, 2022•Benu Networks, Amazon Web Services, Amazon
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Vodafone and partners first to test disaggregated broadbandMobile Europe•Sep 29, 2021•Vodafone, Benu Networks, Casa Systems, Cisco and 1 other
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Benu Networks Brings SASE Solution to TIP OpenWiFi PlatformBusiness Wire•May 12, 2021•Benu Networks, Telecom Infra Project
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Benu Networks delivers broadband provider edge services with Red Hat OpenShiftLight Reading•Apr 26, 2021•Benu Networks, Red Hat
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