About Aztek Networks
Aztek Networks was a Telecommunications company based in Boulder (United States) founded in 1982, and was acquired by Genband in April 2012. It offers switches to facilitate migration from legacy to IP broadband systems. It operates on a B2B model. Aztek Networks has raised $33.15 million across 5 funding rounds from investors including Genband, Pelion Venture Partners and Sequel Venture Partners. The company is recorded as dissolved. Its focus areas include Technology, Network Equipment and Broadband Migration. Its competitors include Genband, Acme Packet and Vivace Networks; 3 of its 3 listed competitors have raised funding.
Company details
Aztek Networks offers switches to facilitate migration from legacy to ip broadband systems through leveraging cutting-edge technology, providing telecom services, network equipment, and broadband migration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Boulder, United States
- Stage Acquired
- SectorsTelecommunications
- Website azteknetworks.net
- Acquired by Genband (Apr 2012)
Funding Insights of Aztek Networks
Aztek Networks has successfully raised a total of $33.15M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $3 million completed in August 2011. 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 $33.15M
- Total Rounds 5
- Last Round Series C — $3M
- First Round $6.6M
(Sep 2006)
- Investors Count 4
All 6 funding rounds of Aztek Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $3M | Series C | – | – | – |
| Aug 2010 | $6M | Series C | – | – | – |
| Sep 2009 | $10.05M | Series C | – | – | – |
| Aug 2009 | $1.5M | Debt – Conventional | – | – | |
| Aug 2007 | $7.5M | Series B | – | Telecommunications Development Fund | |
| Sep 2006 | $6.6M | Series A | – | Sequel Venture Partners, Grotech Ventures |
6 investors in total: 6 institutional.
Investors in Aztek Networks
Aztek Networks has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Genband, Pelion Venture Partners and Sequel Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused early-stage VC firm | pelionvp.com | Salt Lake City, United States | ||
| sequelvc.com | ||||
Early-stage US tech startups are invested in by Grotech Ventures. | grotech.com | Arlington, United States | ||
| legendventures.com | ||||
| tdfund.com | ||||
Unified communication and IP products are provided for network solutions. | 1999 | genband.com | Plano, United States |
Investor details for Aztek Networks
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Timeline of Aztek Networks
4 dated milestones of Aztek Networks across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Aztek Networks is founded.
- Funding First funding round of $6.6M.
- Funding Latest funding round, Series C, of $3.0M.
- Exit Acquired by Genband.
Competitors of Aztek Networks
Aztek Networks has 3 listed competitors in our database, 3 of them funded. They include Genband, Acme Packet and Vivace Networks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genband.com | 1999 | Plano, United States | $694.4M | 584 | Unified communication and IP products are provided for network solutions. | |
| acmepacket.com | 2000 | Bedford, United States | $61.96M | 10 | Network equipment including SBCs and multiservice gateways is manufactured. | |
| vivacenetworks.com | 1999 | San Jose, United States | $92.5M | Multiservice IP switches provider |
Detailed competitors of Aztek Networks
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Top companies in Telecom Infrastructure
3 companies that operate in the same segment as Aztek Networks (Telecom Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cables and components for telecommunication infrastructure are supplied. | 1902 | St. Louis, Missouri, United States | USD 2.72 B | 7,500 | ||
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | United States | USD 23.37 B | |||
Communications infrastructure is owned, operated, and leased to carriers. | 2014 | Boca Raton, Florida, United States | USD 730 M |
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Frequently Asked Questions about Aztek Networks
Aztek Networks was founded in 1982 and raised its 1st funding round 24 years after it was founded.
Aztek Networks is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Aztek Networks is a funded company, having raised a total of $33.15M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.6M, raised on Sep 2006.
Aztek Networks offers switches to facilitate migration from legacy to ip broadband systems through leveraging cutting-edge technology, providing telecom services, network equipment, and broadband migration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Aztek Networks's top competitors include Genband, Acme Packet and Vivace Networks.
Aztek Networks has 6 investors. Key investors include Genband, Pelion Venture Partners, Sequel Venture Partners, Grotech Ventures, and Legend Ventures.
Yes. Aztek Networks was acquired by Genband in April 2012.