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EmpowerTel Networks

Telecom · Milpitas, United States · Founded 1997

High-performance carrier-grade voip switching solutions MoreLess

EmpowerTel Networks, founded in 1997, operated from its headquarters in Milpitas, California, as a provider of VoIP switching systems. The company was established to address the evolving needs of telecommunications service providers navigating the transition from traditional circuit-switched networks to packet-based infrastructures.

The firm was led by CEO Ajit Medhekar and was promoted by Lara Technology. EmpowerTel Networks secured significant financial backing to fuel its growth and product development. In a notable Series B funding round on February 2, 2000, the company raised $54 million from a consortium of institutional investors, including TeleSoft Partners, Goldman Sachs, CCMP Capital, and Morgan Stanley. Other reports from the period indicated a total of $75 million raised from a wider group of venture capitalists.

EmpowerTel's core offering was the Unified Services Exchange (USX) switch. This product was designed to bridge the gap between legacy Time Division Multiplexing (TDM) technology and emerging IP and ATM networks. The USX switch integrated call control, a media gateway, and an application service platform into a single piece of hardware. This allowed service providers to migrate their voice traffic to modern IP infrastructure without abandoning their existing network investments. The target market comprised both established service providers looking to modernize and new entrants building out their networks. The company had an international presence with offices in the United States, Canada, and India. EmpowerTel Networks was eventually acquired.

Keywords: VoIP switching systems, Unified Services Exchange, TDM to IP migration, packet services, telecommunications infrastructure, media gateway, call control, Ajit Medhekar, telecommunication hardware, voice over IP, service provider solutions, network migration, circuit-to-packet, telecom funding, Goldman Sachs, Morgan Stanley, TeleSoft Partners, Milpitas startup, network switching

Company overview

EmpowerTel Networks company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
1997
Headquarters
Milpitas, United States
Employees
Open positions
None listed
Dealroom signal
18.0
sectorSaaSsectorCommunicationsectorPlatformindustryTelecomclient focusb2b

Valuation & funding

EmpowerTel Networks funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jul 2002 $0 Movius Interactive
SERIES COther financing Feb 2000 $54M $216M Battery Ventures · Sony · Chase · Goldman Sachs
SERIES BOther financing Jun 1999 $14M $55M InveStar Capital · Battery Ventures · Telesoft Partners
SERIES AOther financing Feb 1999 $10M $40M Battery Ventures · InveStar Capital
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Growth signals

EmpowerTel Networks website traffic

Latest recorded traffic for EmpowerTel Networks is 0 monthly website visits.

Latest monthly visits0
Monthly website visits31 observations · Nov 2017–May 2020
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Comparisons

EmpowerTel Networks compared with similar companies

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Talent graph

EmpowerTel Networks's talent

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Source: Dealroom Talent Intelligence.

Investors

10 investors on EmpowerTel Networks's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 3 investors entered at this stage
Battery Ventures
InveStar Capital
Telesoft Partners
Series B+ 6 investors entered at this stage
Sony
Chase
Goldman Sachs
Sandler Capital
Anschutz Investment
Access Venture Partners
Other known 1 additional known investor
Movius Interactive

Global footprint

Where EmpowerTel Networks has talent and traffic

Workforce by country
🇺🇸 United States · Milpitas HQ
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In the news

Latest news about EmpowerTel Networks

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Market sentiment

What the market is saying about EmpowerTel Networks

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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