Astral Point Communications

Chelmsford, United States Founded: 1998 • Age: 28 yrs Acquired By Alcatel-Lucent
SONET metro optical systems and transport solutions are provided.
Annual revenue - Latest available
Total funding $111.0M 4 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Telecommunications
    Technology
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $111 M (USD)

    in 4 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    Jul 19, 2000

  • Investors
  • Employee Count
    Not available
  • 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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage VC investment company investing primarily in the US
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Venture capital investments are offered to startups by NEA.
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Investor details for Astral Point Communications

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Investments & Acquisitions by Astral Point Communications

Investments
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Investment portfolio details for Astral Point Communications

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Financial Statements - Astral Point Communications

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Detailed financials for Astral Point Communications

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Astral Point Communications Comparisons

Astral Point Communications Primary company
Description
SONET metro optical systems and transport solutions are prov...
Location
Chelmsford, United States
Founded Year
1998
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Astral Point Communications

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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.

Company Name Domain Founded year HQ Location Description
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Communication equipment and software solutions are provided for broadband access.
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Cloud-based IT and networking solutions are provided globally.
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Telecom equipment and software solutions are provided for networks.
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Multi-access edge networking computing platform is provided for mobile services.
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Cloud-based network management software is provided for infrastructure planning.
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Fiber-optic and wireless infrastructure products provider
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Detailed competitors of Astral Point Communications

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Latest news on Astral Point Communications

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Frequently Asked Questions about Astral Point Communications

Astral Point Communications was founded in 1998 and raised its 1st funding round 1 year after it was founded.

Astral Point Communications is headquartered in Chelmsford, United States. It is registered at Chelmsford, Massachusetts, United States.

Astral Point Communications is a funded company, having raised a total of $111M across 4 funding rounds to date.

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.

Astral Point Communications's top competitors include Tejas Networks, Mavenir and Ciena.

Astral Point Communications has 7 investors. Key investors include Credit Suisse, GE Capital, Alcatel-Lucent, Liberty Capital Ventures, and NEA.

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