About Astral Point Communications
Astral Point Communications is a company based in Chelmsford (United States) founded in 1998 was acquired by Alcatel-Lucent in January 2002.. Astral Point Communications has raised $111 million across 4 funding rounds from investors including Credit Suisse, GE Capital and Alcatel-Lucent. Astral Point Communications operates in a competitive market with competitors including Calix, NEC, Ericsson, Mavenir and Ciena, among others.
- Headquarter Chelmsford, United States
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Sectors
TelecommunicationsTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$111 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series C
Jul 19, 2000
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Investors
Credit Suisse
& 6 more
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Employee Count
Employee Count
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Acquired by
Alcatel-Lucent
(Jan 22, 2002)
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Funding Insights of Astral Point Communications
Astral Point Communications has successfully raised a total of $111M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in July 2000. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $40.0M
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First Round
First Round
(17 May 1999)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2000 | Amount | Series C - Astral Point Communications | Valuation |
investors |
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| Jun, 2000 | Amount | Series C - Astral Point Communications | Valuation |
investors |
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| Oct, 1999 | Amount | Series B - Astral Point Communications | Valuation |
investors |
| 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 Astral Point Communications
Astral Point Communications has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Credit Suisse, GE Capital and Alcatel-Lucent. 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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Early-stage VC investment company investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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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 Astral Point Communications
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - Astral Point Communications
| 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 |
Astral Point Communications Comparisons
Competitors of Astral Point Communications
Astral Point Communications 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 Calix, NEC, Ericsson, Mavenir and Ciena, 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 |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Fiber-optic and wireless infrastructure products provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Astral Point Communications
When was Astral Point Communications founded?
Astral Point Communications was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is Astral Point Communications located?
Astral Point Communications is headquartered in Chelmsford, United States. It is registered at Chelmsford, Massachusetts, United States.
Is Astral Point Communications a funded company?
Astral Point Communications is a funded company, having raised a total of $111M across 4 funding rounds to date. The company's 1st funding round was a Series B of $24M, raised on May 17, 1999.
What does Astral Point Communications do?
Astral Point Communications was founded in 1998 in Chelmsford, United States, within the telecommunications sector. Metro optical systems based on SONET technology were developed and supplied by the company. Integrated transport solutions for SONET-based applications in metropolitan areas were offered, supporting revenue-generating services and high-bandwidth needs like Gigabit Ethernet. Acquisition by Alcatel occurred in an all-stock transaction valued at 135 million, after which the entity was renamed Alcatel Communications.
Who are the top competitors of Astral Point Communications?
Astral Point Communications's top competitors include Tejas Networks, Mavenir and Ciena.
Who are Astral Point Communications's investors?
Astral Point Communications has 7 investors. Key investors include Credit Suisse, GE Capital, Alcatel-Lucent, Liberty Capital Ventures, and NEA.
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