ATX Networks

Whitby, Canada Founded: 1985 • Age: 41 yrs Acquired By H.I.G. Capital
Multi-technology equipment for communication, media, and broadcast is manufactured.
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About ATX Networks

ATX Networks is a company based in Whitby (Canada) founded in 1985 was acquired by H.I.G. Capital in June 2015.. ATX Networks has raised $23.32 million across 2 funding rounds from investors including Broadview Networks, H.I.G. Capital and Pamlico Capital. ATX Networks has completed 3 acquisitions, including Arcos Technologies, InnoTrans and Pico Digital. ATX Networks operates in a competitive market with competitors including Calix, NEC, Mavenir, CommScope and Ericsson, among others.

  • Headquarter Whitby, Canada
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $23.32 M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.4 M (USD), Series B

    Dec 21, 2016

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    H.I.G. Capital

    & 2 more

    (Jun 15, 2015)

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People of ATX Networks
Headcount 200-500
Employee Profiles 43
Employee Profiles
People
Ian Alderman
Senior Buyer/planner
People
Jay Lee
Chief Technology & Strategy Officer, Broadband Access
People
Don Rowley
Chief Information Officer
People
Brooke Mistry
Chief People Officer

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Funding Insights of ATX Networks

ATX Networks has successfully raised a total of $23.32M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.4 million completed in December 2016. 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 Rounds 2
  • Last Round Series B — $11.4M
  • First Round

    (14 Sep 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Series B - ATX Networks Valuation

investors

Sep, 2016 Amount Series B - ATX Networks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ATX Networks

ATX Networks has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Broadview Networks, H.I.G. Capital and Pamlico Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Pamlico Capital is engaged in private equity investments for growth companies.
Founded Year Domain Location
Private equity capital is invested in small and mid-sized businesses.
Founded Year Domain Location
Business telecommunication services including VoIP and cloud systems are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ATX Networks

ATX Networks has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Arcos Technologies, InnoTrans and Pico Digital. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Broadband access and media distribution services are delivered to customers.
2006
AV processing and broadcast solutions are developed and manufactured.
2003
Solutions for broadcast, cable, satellite and broadband infrastructure and distribution
1962
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ATX Networks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Atx Networks Comparisons

Employees
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Competitors of ATX Networks

ATX Networks 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, Mavenir, CommScope and Ericsson, 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.
domain founded_year HQ Location
Cloud-based IT and networking solutions are provided globally.
domain founded_year HQ Location
Multi-access edge networking computing platform is provided for mobile services.
domain founded_year HQ Location
Fiber-optic and wireless infrastructure products provider
domain founded_year HQ Location
Telecom equipment and software solutions are provided for networks.
domain founded_year HQ Location
Broadband access solutions are delivered via DSL and wireless backhaul.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Atx Networks

Frequently Asked Questions about ATX Networks

When was ATX Networks founded?

ATX Networks was founded in 1985 and raised its 1st funding round 31 years after it was founded.

Where is ATX Networks located?

ATX Networks is headquartered in Whitby, Canada. It is registered at Whitby, Ontario, Canada.

Is ATX Networks a funded company?

ATX Networks is a funded company, having raised a total of $23.32M across 2 funding rounds to date. The company's 1st funding round was a Series B of $11.92M, raised on Sep 14, 2016.

What does ATX Networks do?

ATX Networks was founded in 1985 and is headquartered in Whitby, Canada. Operations focus on the communication, media, and broadcast sectors, where optical access networking equipment, RF management systems, media distribution gateways, radio broadcast solutions, video processing tools, and distribution accessories are produced. These offerings support multi-technology infrastructure needs across various applications.

Who are the top competitors of ATX Networks?

ATX Networks's top competitors include Mavenir, Actelis and Ericsson.

How many acquisitions has ATX Networks made?

ATX Networks has made 3 acquisitions, including Arcos Technologies, InnoTrans, and Pico Digital.

Who are ATX Networks's investors?

ATX Networks has 3 investors. Key investors include Broadview Networks, H.I.G. Capital, and Pamlico Capital.

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