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Starent Networks

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A provider of multimedia core technology that enables mobile operators to deliver mobile broadband to their subscribers

Tewksbury, United StatesFounded 2000Other B2B Software
Valuation $2.5–5B Latest valuation · 2009
Revenue $100–500M Latest reported FY

About Starent Networks

Starent Networks, Corp. was a supplier of IP-based mobile infrastructure solutions for mobile and converged carriers. Founded in 2000 by Ashraf M. Dahod and Tony Schoener, the Tewksbury, Massachusetts-based company provided the essential hardware and software that empowered mobile operators to deliver a host of multimedia services to their subscribers. Dahod, a serial entrepreneur with a history of building successful technology companies, identified a market opportunity in the burgeoning mobile internet space. His extensive background, with degrees in physics and multiple engineering disciplines topped by an MBA from Harvard, provided a foundation for recognizing and acting on technological and market discontinuities.

The company's core business centered on developing multimedia core technology that served as a gateway between the radio access network and the operator's IP packet core network. This technology was a critical component for mobile operators, enabling them to manage access from 2.5G, 3G, and 4G radio networks and deliver services like video, internet access, voice-over-IP (VoIP), mobile TV, and gaming. Starent's products were access-agnostic, supporting a wide array of mobile wireless technologies including CDMA2000, UMTS/HSPA, WiMAX, and LTE, which allowed operators to offer a consistent service experience across different networks from a single platform. Revenue was generated through the direct and indirect sale of its hardware and software to mobile operators globally. By 2009, its solutions had been deployed by over 100 mobile operators in 45 countries.

Starent Networks experienced significant growth, culminating in a successful initial public offering (IPO) in 2007. The company's trajectory and strategic importance in the mobile data ecosystem attracted the attention of industry giants. In October 2009, Cisco Systems announced a definitive agreement to acquire Starent Networks for approximately $2.9 billion in cash. The acquisition was completed in December 2009, after which Starent Networks became the Mobile Internet Technology Group within Cisco's Service Provider Business, with Ashraf Dahod leading the new division as a Senior Vice President and General Manager.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2000
Headquarters
Tewksbury, United States
Listing
IPO 2007
Sector
Other B2B Software
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Investors

3 investors on the cap table

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

Series A2 investors entered at this stage

Series B and later1 investor entered at this stage

  • Focus Ventures
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
🇺🇸 United States · Tewksbury HQ
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Patents

Estimated portfolio value
$47M

27 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Starent 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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