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Seaborn Networks

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A developer and operator of submarine fiber optic cable systems with an independent cable operator model

Beverly, United StatesFounded 2011Consumer Services
Valuation $10–25M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Seaborn Networks

Seaborn Networks operates as a developer, owner, and operator of submarine fiber optic cable systems, connecting North and South America. The company was established in 2012 by a team of submarine cable and wholesale telecom executives, including Larry Schwartz and Pete Hayes. Larry Schwartz, who serves as the CEO, brings extensive experience from the subsea cable industry, having previously founded and led other successful ventures in the sector. This background provides the leadership with a deep understanding of the complexities involved in financing, constructing, and managing large-scale subsea infrastructure projects.

The firm's core business revolves around providing high-capacity, carrier-neutral subsea connectivity. Its primary asset is the Seabras-1 system, a direct fiber optic cable route between São Paulo, Brazil, and the New York/New Jersey metro area in the United States. This system was specifically engineered to offer a more direct and lower-latency path between the commercial and financial hubs of the two continents. Seabras-1 became ready for service in September 2017. Seaborn Networks serves a diverse client base that includes major telecommunications carriers, internet service providers, cloud companies, and large enterprises that require robust international data transit. The business model is based on selling indefeasible rights of use (IRUs), which are long-term leases on network capacity, as well as shorter-term capacity leases and other managed services to its wholesale customers.

The Seabras-1 cable system is a key differentiator, being one of the longest unrepeatered submarine cables in the world and the first direct point-to-point system between its landing points. It provides a critical infrastructure link, catering to the escalating demand for data driven by cloud computing, video streaming, and enterprise applications across the Americas. In 2023, the company announced the ARBR system, a new project co-owned with the Argentinean state company ARSAT, which will connect Brazil to Argentina, further extending its network reach within South America. This expansion is designed to provide Argentina with its first independent, carrier-neutral subsea route to Brazil and onward to the United States via Seabras-1.

Source: Dealroom company data

At a glance

Founded
2011
Headquarters
Beverly, United States
Sector
Consumer Services

Investors

5 investors on the cap table

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

Series B and later5 investors entered at this stage

  • Intesa Sanpaolo
  • Commerzbank
  • Natixis
  • Partners Group
  • Santander Group
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
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
2 countries with
team presence
🇧🇷 Brazil36.4%
🇬🇧 United Kingdom3%
2 countries shown

Market sentiment

Posts on X, past 7 days

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

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