About Astound Broadband
Astound Broadband is a company based in Princeton (United States) founded in 1987 was acquired by TPG in August 2016.. Astound Broadband has completed 2 acquisitions, including EnTouch Systems and Wave Broadband. Astound Broadband operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Princeton, United States
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Rcn Telecom Services, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$759.18 M (USD), Debt – Conventional
Apr 01, 2015
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Investors
TPG
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
EnTouch Systems
& 1 more
- Acquired by
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Funding Insights of Astound Broadband
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $759.2M
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First Round
First Round
(01 Sep 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Debt – Conventional - Astound Broadband | Valuation |
investors |
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| Sep, 2014 | Amount | Debt – Conventional - Astound Broadband | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Astound Broadband
Astound Broadband has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TPG and Abry Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Abry Partners is engaged in middle market private equity investments.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Astound Broadband
Astound Broadband has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EnTouch Systems and Wave Broadband. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fiber Optic Broadband Services
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2003 | ||||
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Fixed-line internet, telephone, and TV services are offered in Houston.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Astound Broadband
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Astound Broadband Comparisons
Competitors of Astound Broadband
Astound Broadband operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Astound Broadband
Frequently Asked Questions about Astound Broadband
When was Astound Broadband founded?
Astound Broadband was founded in 1987 and raised its 1st funding round 27 years after it was founded.
Where is Astound Broadband located?
Astound Broadband is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Who is the current CEO of Astound Broadband?
Steve Weed is the current CEO of Astound Broadband.
What does Astound Broadband do?
Astound was founded in 1987 and is headquartered in Princeton, United States. Broadband internet services are offered by the company to residential and business customers. Operations focus on telecommunications infrastructure, including high-speed connectivity and related digital solutions. Coverage extends to multiple regions within the country, supporting essential online access needs. The sector involves competitive internet service provision amid evolving digital demands.
Who are the top competitors of Astound Broadband?
How many acquisitions has Astound Broadband made?
Astound Broadband has made 2 acquisitions, including EnTouch Systems, and Wave Broadband.
Who are Astound Broadband's investors?
Astound Broadband has 2 investors. Key investors include TPG, and Abry Partners.