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Atoga Systems

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Rising new start-up developing full-service wdm solutions for the metro network

Fremont, United StatesFounded 1999Consumer Services
Valuation $250–500M Last recorded · 2001
Total funding $50–100M Disclosed equity funding
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About Atoga Systems

Atoga Systems, founded in 1999, operated in the connectivity products sector, focusing on developing full-service Wavelength Division Multiplexing (WDM) equipment for metropolitan area networks. The company's primary clients were internet service providers, and its technology was designed to facilitate broadband content delivery. The business model centered on the design, manufacturing, and sale of specialized networking hardware and the accompanying software. Atoga Systems' product line included the Optical Application Router (OAR) and the AppDirector™ Element Management System. This integrated platform was engineered to transport various traffic types, including IP, Ethernet, and TDM, over SONET or DWDM metro networks. A key aspect of their architecture was the combination of Internet Protocol, Sonet, and WDM functionalities into a single piece of equipment, enabling different network layers to communicate directly.

The company's technology utilized tunable lasers and was intended to provide a more efficient and cost-effective solution for service providers managing network bandwidth and services. After its inception, Atoga Systems secured significant venture capital. An early-stage VC round on May 16, 2000, brought in $14.5 million. This was followed by a substantial round of over $50 million in equity and debt financing announced on May 2, 2001, with participation from investors such as Silicon Valley Internet Capital, Institutional Venture Partners, New Enterprise Associates, and Sequoia Capital. This capital was earmarked for enhancing product development, expanding sales and marketing operations, and scaling up manufacturing for international markets. The company's journey as an independent entity concluded on March 3, 2003, when it was acquired by Arris International.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
Fremont, United States
Open positions
None listed
Dealroom signal
17.0/100
Industry
Media
Sector
Consumer Services, Hard Tech
Business model
Manufacturing
Investment activity
1 company, latest Jun 2020
Capital deployed
$17M
Preferred round
SERIES C
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Mar 2003 $0 — Arris Group —
LATE VCOther financing May 2001 $50M $200M NEA · Silicon Valley Internet Capital · Sequoia —
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Growth signals

Atoga Systems website traffic

Latest recorded traffic for Atoga Systems is 800 monthly website visits.

Latest monthly visits800
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Series B and later1 investor entered at this stage

  • Silicon Valley Internet Capital

Other known investors1 additional known investor

  • Arris Group
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Fremont HQ
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Market sentiment

Posts on X, past 7 days

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