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Level 5 Networks

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Level 5 Networks operates as a fabless semiconductor and software company, providing Ethernet network interface cards

Sunnyvale, United StatesFounded 2002Other B2B Software
Valuation $100–250M Last recorded · 2005
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Level 5 Networks

Level 5 Networks was a venture-funded company that specialized in 10-Gbit Ethernet technology with a research and development presence in Cambridge, England, and a U.S. office in Sunnyvale, California. The firm focused on developing Application-Specific Integrated Circuits (ASICs) that combined 10-Gbit Media Access Control (MAC) functions with proprietary server acceleration logic. These components were designed for use in Network Interface Cards (NICs) and Host Bus Adapters (HBAs).

In April 2006, Level 5 Networks merged with Solarflare Communications Inc., a company known for its work in 10-Gbit Ethernet over copper wire. The merged entity continued under the Solarflare name, with its headquarters in Irvine, California. The combination was described as a "true merger" rather than an acquisition, bringing the total cash balance of the two firms to over $50 million. The strategic rationale for the merger was to integrate Solarflare's 10Xpress physical-layer chips with Level 5's EtherFabric cards. Following the merger, the new Solarflare planned to produce boards compatible with various physical media, including fiber and coaxial cable, to serve the broader 10-Gbit Ethernet market.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2002
Headquarters
Sunnyvale, United States
Employees
7
Open positions
None listed
Dealroom signal
53.8/100
Industry
Semiconductors, Enterprise Software
Sector
Other B2B Software, Fabless, Semiconductor Designers and Manufacturers, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing, SaaS

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Apr 2006 $0 — Solarflare Communications —
SERIES B✓Equity / VC Jun 2005 $30M $120M Accel · Oak Investment · Amadeus Capital Partners —
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Growth signals

Level 5 Networks website traffic

Latest recorded traffic for Level 5 Networks is 0 monthly website visits. Level 5 Networks's team grew 0% over the past year.

Latest monthly visits0 1-year team growth0%
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Closest operating peers by Dealroom taxonomy

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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 A3 investors entered at this stage

Other known investors1 additional known investor

  • Solarflare Communications
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
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 · Sunnyvale HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Level 5 Networks on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

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

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