A provider of optical networking systems for metropolitan areas.
Business Model:
Revenue: $0
Employees: 0-0
Address:
City: Boxborough
State: Massachusetts
Zip:
Country: United States
Coriolis Networks, headquartered in Boxborough, Mass., began in mid 1999 with a mission to develop a comprehensive approach to the needs of carriers for reliable and scalable optical network solutions. From the beginning, Coriolis Networks realized that success in this market would be based on providing customers with a solution that was compatible with existing SONET network architectures but dramatically improved on the data service delivery capability with new lower price points. Coriolis&s; target market is the network service provider community on a global basis. Our target customers include competitive and incumbent local exchange carriers, Internet service providers, and wholesale carriers that are building out their fiber-optic facilities to meet their end-user demands for more high-speed data services as well as traditional metro services.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2000 | Series B | 4 | $20M |
Bessemer Venture Partners Boston University Community Technology Fund Columbia Capital New Enterprise Associates Bessemer Venture Partners Boston University Community Technology Fund Columbia Capital New Enterprise Associates |
6/1999 | Series A | 1 | $8.5M |
Bessemer Venture Partners Bessemer Venture Partners |
10/2001 | Series C | 5 | $32M |
Bessemer Venture Partners Columbia Capital EnerTech Capital New Enterprise Associates TL Ventures Bessemer Venture Partners Columbia Capital EnerTech Capital New Enterprise Associates TL Ventures |
1/2004 | Series D | $9.3M |
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