When was Nortel Netas founded?

Nortel Netas was founded in 1967 and raised its 1st funding round 50 years after it was founded.

Where is Nortel Netas located?

Nortel Netas is headquartered in Istanbul, Turkey.

How many employees does Nortel Netas have?

As of Sep 30, 2026, the latest employee count at Nortel Netas is 1000.

Is Nortel Netas a funded company?

Nortel Netas is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 01, 2017.

When was the latest funding round of Nortel Netas?

Nortel Netas' latest funding was a $***** Grant (prize money) round on Jul 01, 2019, with participation from 1 investor.

Where does Nortel Netas rank among its competitors?

Nortel Netas ranks 1st amongst 16 active competitors, none of which are funded.

Who are the top competitors of Nortel Netas?

Nortel Netas' top competitors include Odine, ARTITEL and TNC Telecom. Among them, HeiTech secured the most recent funding round in March, 2024.

Nortel Netas - 2026 Company Profile, Funding & Competitors

Nortel Netas is a public company based in Istanbul (Turkey), founded in 1967. It operates as a Provider of telecommunications and IT infrastructure solutions. Nortel Netas has raised an undisclosed amount in funding. The company has 16 active competitors, including 5 that have exited. Its top competitors include companies like Odine, ARTITEL and TNC Telecom.

Company Details

Provider of telecommunications and IT infrastructure solutions. This company develops end-to-end IT infrastructure for various sectors, including cloud computing, data analytics, cybersecurity, and critical services. They manufacture communication technology products such as base stations, microwave communication products, and cloud servers. Additionally, they offer managed services, including cybersecurity operations and network operations centers. The company also provides software testing services and support for hardware. They develop solutions for the defense industry and offer post-sales support.

Key Metrics

Founded Year

1967

Location

Istanbul, Turkey

Stage

Public

Latest Funding Round

Grant (prize money), Jul 01, 2019, $*****

Investors

Kube VC & 4 more

Ranked

1^st among 16 active competitors

Employee Count

1,000 as on Sep 30, 2026

Investment & Acquisitions

English Ninjas

Similar Companies

Singtel & 503 more

Exit Details

Public

View Nortel Netas' full profile

Nortel Netas has raised funding over 3 rounds. Its first funding round was on Jun 01, 2017. Its latest funding round was a Grant (prize money) round on Jul 01, 2019 for $*****. 1 investor participated in its latest round. Nortel Netas has 5 institutional investors.

Here is the list of recent funding rounds of Nortel Netas:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2019	9326138	Grant (prize money)	5856518	7716521	2788188	1283267
May 01, 2018	6387339	Grant (prize money)	7676259	4688201	4656048	Europa
Jun 01, 2017	3161211	Grant (prize money)	2767459	9705668	2580634	Europa

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View details of Nortel Netas's funding rounds and investors

Nortel Netas' employee count trend

Nortel Netas has 1,000 employees as of Sep 26. Here is Nortel Netas's employee count trend over the years:

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Top competitors of Nortel Netas include Odine, ARTITEL and TNC Telecom. Here is the list of Top 10 competitors of Nortel Netas, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nortel Netas 1967, Istanbul (Turkey), Public	Provider of telecommunications and IT infrastructure solutions	-	Kube VC, One Equity Partners & 3 others	46/100
2nd	Odine 2003, Istanbul (Turkey), Unfunded	Provider of sustainable network transformation and software-defined networks for the future	-	-	43/100
3rd	ARTITEL 2006, Istanbul (Turkey), Unfunded	Developer of digital platforms and bespoke social networks	-	-	34/100
4th	TNC Telecom 2016, Besiktas (Turkey), Unfunded	System integration services provider	-	-	34/100
5th	HeiTech 1994, Subang Jaya (Malaysia), Public	Provider of application development and system integration services	-	MYEG	33/100
6th	IRIS Telecommunication 1999, Istanbul (Turkey), Acquired	Network integration services provider	-	-	32/100
7th	AnelTECH 2001, Umraniye (Turkey), Public	Provider of prestressed concrete and general construction services	-	-	28/100
8th	Mobile Systems International 1989, London (United Kingdom), Acquired	Provider of telecom network planning, optimization, and technology solutions	-	Bessemer Venture Partners	27/100
9th	AirCom Technology 2015, Istanbul (Turkey), Unfunded	Wireless network integration and equipment distribution services provider	-	-	26/100
10th	Fastel Telecom Services 2010, Izmit (Turkey), Unfunded	Engineering and installation services provider	-	-	24/100