Laurel Networks - About the company
Laurel Networks is an acquired company based in Pittsburgh (United States), founded in 1999. It operates as an IP edge routers provider. Laurel Networks has raised $118M in funding. The company has 111 active competitors, including 4 funded and 31 that have exited. Its top competitors include companies like Italtel, Genband and Mapletree Networks.
Company Details
IP edge routers provider. It provides IP/MPLS edge routers to the network operators including Level 3, Korea Telecom and Dacom. It also has resale agreements with Ciena and Marconi. Its acquisition adds edge routing and IP service capabilities to ECI's broadband, optical, and core routing portfolio, enabling ECI to provide multi-service IP solutions for service providers.
- Website
- laurelnetworks.com
Key Metrics
Founded Year
1999
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$118M in 5 rounds
Latest Funding Round
Investors
Ranked
14th among 111 active competitors
Employee Count
7 as on Aug 31, 2026
Exit Details
Acquired by ECI Telecom (May 16, 2005)
Laurel Networks's acquisition details
Laurel Networks got acquired by ECI Telecom on May 16, 2005 at an acquisition amount of $*****.
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Laurel Networks's funding and investors
Laurel Networks has raised a total funding of $118M over 5 rounds. Its first funding round was on Mar 20, 2000. Its latest funding round was a Series C round on Jan 13, 2005 for $*****. 3 investors participated in its latest round. Laurel Networks has 7 institutional investors.
Here is the list of recent funding rounds of Laurel Networks:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 13, 2005 | 6730540 | Series C | 4714611 | 9685611 | 2769063 | 5378137 |
Nov 16, 2004 | 8905606 | Series C | 6546110 | 6878187 | 1866587 | 6246046 |
Sep 10, 2003 | 2684089 | Series C | 4756135 | 1796738 | 2095670 |
View details of Laurel Networks's funding rounds and investors
Laurel Networks' founders and board of directors
Founder? Claim ProfileLaurel Networks' employee count trend
Laurel Networks has 7 employees as of Aug 26. Here is Laurel Networks's employee count trend over the years:
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Laurel Networks's Competitors and alternates
Top competitors of Laurel Networks include Italtel, Genband and Mapletree Networks. Here is the list of Top 10 competitors of Laurel Networks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of network evolution, cyber security, and digital communication solutions | - | 58/100 | ||
2nd | Genband 1999, Plano (United States), Series D | Unified communication and IP products provider | $694M | 55/100 | |
3rd | Mapletree Networks 1997, Norwood (United States), Acqui-Hired | VoIP network infrastructure equipment provider | $7M | 47/100 | |
4th | Edgewater Networks 2002, San Jose (United States), Acquired | IP based network devices and orchestration solutions provider | $31.4M | 43/100 | |
5th | Dynamic Soft 1998, East Hanover (United States), Acquired | Session Initiation Protocol (SIP)-based solution for Telecom Providers | $71.9M | 43/100 | |
6th | NexTone Communications 1998, Bengaluru (India), Acqui-Hired | Session management solutions for IP-based services | $92.5M | 43/100 | |
7th | Vivace Networks 1999, San Jose (United States), Acquired | Multiservice IP switches provider | $118M | 42/100 | |
8th | SnowShore Networks 2000, Chelmsford (United States), Acquired | VoIP and network equipment provider | $27.6M | 41/100 | |
9th | Flarion Technologies 2000, Bridgewater (United States), Acquired | OFDMA mobile broadband wireless technology (Now LTE) | $57.5M | 41/100 | |
10th | Cedar Point Communications 2000, Del Valle (United States), Acquired | VoIP and multimedia switching platform provider for cable, wireline, wireless operators | $78.7M | 41/100 | |
14th | Laurel Networks 1999, Pittsburgh (United States), Acquired | IP edge routers provider | $118M | 38/100 |
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Laurel Networks's Investments and acquisitions
Laurel Networks has made no investments or acquisitions yet.
Reports related to Laurel Networks
Here is the latest report on Laurel Networks's sector:
News related to Laurel Networks
•
Israeli group buys Laurel Networks for $88 millionEE times•Mar 20, 2021•ECI Telecom, Laurel Networks
•
PE Week Wire - Friday 9/12 - PE HubPE Hub•Sep 12, 2003•Odyssey, Trident Capital, Boston Millennia Partners, RRE Ventures and 18 others
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