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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
Valuation & funding
EmpowerTel Networks funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
Growth signals
EmpowerTel Networks website traffic
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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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Global footprint
Where EmpowerTel Networks has talent and traffic
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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