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Pedestal Networks

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Developer of innovative universal broadband solutions

Fremont, United StatesFounded 2001Telecom

Valuation $100–250M Last recorded · 2004

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Pedestal Networks

Pedestal Networks, founded in 2001, operated in the connectivity products industry, focusing on developing Digital Subscriber Line (DSL) solutions. The company's primary objective was to assist service providers in overcoming the technical and economic hurdles associated with deploying DSL services. Based in Fremont, California, Pedestal Networks positioned itself as a key developer for an expanding telecommunications market.

The company successfully attracted significant investment, raising a total of $32 million in funding. Notable investors included Benchmark Capital Holdings, DCM Ventures, Duff Ackerman & Goodrich, Skymoon Ventures, and Western Technology Investment. This financial backing enabled the company to develop and market its specialized DSL technologies.

In a significant milestone, Pedestal Networks was acquired by UTStarcom on June 8, 2005. This acquisition marked the culmination of the company's journey as an independent entity, integrating its technology and expertise into a larger telecommunications equipment provider.

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At a glance

Status: Acquired
Founded: 2001
Headquarters: Fremont, United States
Employees: 3
Open positions: None listed
Dealroom signal: 55.4/100
Industry: Telecom
Sector: Telecom, SaaS, Platform
Client focus: b2b
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITION✓Exit	Jun 2005	$0	—	UTStarcom	—
SERIES C✓Equity / VC	Jan 2004	$20M	$80M	Duff Ackerman and Goodrich · SkyMoon Ventures · Benchmark · DCM	—

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Growth signals

Pedestal Networks website traffic

Latest recorded traffic for Pedestal Networks is 0 monthly website visits, down 100% over the last three months. Pedestal Networks's team grew 0% over the past year.

Latest monthly visits0 3-month web change-100% 1-year team growth0%

Monthly website visitsNov 2017–Apr 2020

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