123Net

Southfield, United States Founded: 1995 • Age: 31 yrs Acquired By Grain Management
Wholesale telecommunication and data center services provider
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About 123Net

123Net is a company based in Southfield (United States) founded in 1995 was acquired by Grain Management in April 2024. 123Net has completed 1 acquisition, including Zing.

  • Headquarter Southfield, United States
  • Sectors
    Telecommunications
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name 123Net
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Grain Management

    (Apr 22, 2024)

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People of 123Net

Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Gaelle Mace
Accounting
People
Stefania Stoenica
CFO
People
Whitney Stephens
Grant Accounting Director
People
Farhana Reza
Senior Accountant

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Funding Insights of 123Net

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Detailed funding history for 123Net

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  • Round names and dates
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Investors in 123Net

123Net has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Grain Management.

All
Venture Fund
Investor Description Founded Year Domain Location
Grain Management is engaged in broadband technology investments.
Locked Locked Locked
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Investor details for 123Net

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by 123Net

123Net has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zing.

Investments
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Investment portfolio details for 123Net

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Wholesale wireless network solutions and services provider in Michigan
Locked Locked 2001 Locked
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Complete acquisition details for 123Net

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - 123Net

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Detailed financials for 123Net

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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123Net Comparisons

123Net Primary company
Description
Wholesale telecommunication and data center services provide...
Location
Southfield, United States
Founded Year
1995
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for 123Net

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  • Named peers
  • Headcount comparison
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Competitors of 123Net

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Detailed competitors of 123Net

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on 123Net

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Complete news archive for 123Net

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about 123Net

123Net was founded in 1995.

123Net is headquartered in Southfield, United States. It is registered at Southfield, Michigan, United States.

Dan Irvin is the current CEO of 123Net.

123Net provides wholesale telecommunication (data and voice) and data center services to the carriers, ISPs, service providers, and technology companies in Michigan. It owns and operates fiber-optic and wireless network. Its services include data (), voice (SIP trunking, hosted PBX, interconnections with multiple tier 1 carriers), data (dark fiber, MPLS, dedicated internet, data center colocation, and fixed-wireless. It provides customized solutions as per the need of the service providers.

123Net has made 1 acquisition, including Zing.

123Net has 1 investor. Key investors include Grain Management.

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