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Seranoa Networks

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Building an innovative product line that allows network service providers to economically enhance the capacity, performance and availability of their high-margin data communication services

United StatesFounded 2000Semiconductors
Valuation $50–100M Last recorded · 2002
Total funding $10–50M Disclosed equity funding
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About Seranoa Networks

Seranoa Networks, Inc. operated in the connectivity products industry, specifically focusing on developing solutions for Internet Service Providers (ISPs). Headquartered in Boxborough, Massachusetts, the company manufactured service edge concentrators and other networking products designed for the edge of IP service provider networks.

The core of Seranoa's business was its patent-pending technologies that enabled ISPs to enhance the performance of their existing edge routers. This was achieved through a novel approach to wide-area circuit aggregation. For its clients, which were primarily ISPs, this translated into a reduced cost per port and increased service capacity. Furthermore, the technology allowed for automatic recovery from certain types of network failures. The company's products were developed to help companies expand their IP service capacity using their current equipment.

Financially, Seranoa Networks secured significant investment to support its operations. In October 2002, the company announced a first round of funding amounting to $15.8 million. Over its lifetime, it raised a total of $30.9 million. Key investors included Advent International, FA Technology Ventures, Schoffstall Ventures, Vesbridge Partners, and YankeeTek Ventures. The company reached a stage of generating revenue before its acquisition by White Rock Networks in March 2005.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2000
Headquarters
United States
Open positions
None listed
Dealroom signal
19.0/100
Industry
Telecom, Semiconductors
Sector
Semiconductors, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2005 $0 — White Rock Networks —
SERIES BEquity / VC Apr 2003 $9M $36M FA Technology Ventures · Advent International · YankeeTek Ventures · St. Paul Venture Capital —
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Growth signals

Seranoa Networks website traffic

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

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

Seed5 investors entered at this stage

  • Advent International
  • FA Technology Ventures
  • Schoffstall Ventures
  • St. Paul Venture Capital
  • YankeeTek Ventures

Other known investors1 additional known investor

  • White Rock Networks
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Global footprint

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Workforce by country
🇺🇸 United States HQ
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Market sentiment

Posts on X, past 7 days

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