About Benu Networks
Benu Networks is a Telecommunications company based in Billerica (United States) founded in 2010, and was acquired by Ciena in November 2022. Enterprise network installation services provider. Benu Networks has raised $150.72 million across 12 funding rounds from investors including Ciena, ARRIS and Motorola Mobility. The company has 18 employees. Its Indian entity Benu Networks Packet Switch Private Limited reported revenue of ₹7.69 Cr. Benu Networks offers products and services including Virtual Broadband Network Gateway (vBNG), WaveLogic 6 Extreme, and Universal Aggregation. Its focus areas include Telecom, Telecom Operators, Broadband and Diversified. Its competitors include Ciena and CenturyLink.
Company details
Benu Networks was founded in 2010 and is headquartered in Billerica, United States. Enterprise network services are delivered, encompassing installation, implementation, and consulting for residential, business, and mobile sectors. Managed networking solutions and virtual multiservice edge gateways are included in the offerings. Operations center on telecommunications infrastructure support across domestic markets.
- Headquarters Billerica, United States
- Employees 18
- Stage Acquired
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website benunetworks.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Ciena (Nov 2022)
- Legal Name Benu Networks Packet Switch Private Limited
- Date of Incorporation 12 Apr, 2011
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹7.69 Cr
FY 2022 · -14% YoY
- Indian entity net profit₹82.3 Lakh
FY 2022 · 11% margin
- Indian entity EBITDA₹1.09 Cr
FY 2022 · 14% margin
- Total Equity Funding$150.72M (USD)
in 12 rounds
- Latest Funding Round$10M (USD), Series C
Jul 2018
- InvestorsCiena
& 7 more
- Employee Count18
- Acquired by
Associated legal entities of Benu Networks
Benu Networks operates through Benu Networks Packet Switch Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Benu Networks Packet Switch Private Limited CIN U72900KA2011PTC161140 | Active | 12 Apr 2011 | Bangalore, Karnataka | ₹7.7 Cr | 18 | 4 | View details |
Products & Services of Benu Networks
Benu Networks offers a comprehensive portfolio of products and services, including Virtual Broadband Network Gateway (vBNG), WaveLogic 6 Extreme, and Universal Aggregation.
Software for virtualized broadband services delivery
Enables high-bandwidth connectivity for routing networks
Aggregates traffic for efficient network edge operations
Apps and channels of Benu Networks
its YouTube channel CienaCorp has 1.86K subscribers and 30 videos.
Videos from Benu Networks
The most watched videos on Benu Networks's YouTube channel, CienaCorp (1.86K subscribers). Click a video to play it here.
More on CienaCorp.
Funding Insights of Benu Networks
Benu Networks has successfully raised a total of $150.72M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in July 2018. 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 $150.72M
- Total Rounds 12
- Last Round Series C — $10M
- Investors Count 7
Latest 10 of 12 funding rounds of Benu 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 |
|---|---|---|---|---|---|
| Jul 2018 | $10M | Series C | – | Spring Lake Equity Partners | – |
| Jun 2017 | $7.7M | Series C | – | Liberty Global, Sutter Hill Ventures | – |
| Oct 2015 | $4.4M | Series C | – | – | – |
| Oct 2015 | $4.43M | Series C | – | – | – |
| Oct 2015 | $4.43M | Series C | – | – | – |
| Jan 2015 | $27.7M | Series C | – | – | – |
| Oct 2014 | $27.7M | Series C | – | – | – |
| Oct 2014 | $27.7M | Series C | – | Sutter Hill Ventures, Spark Capital | |
| Sep 2013 | $26.6M | Series B | – | Sutter Hill Ventures | |
| Aug 2013 | $5.03M | Series A | – | Spark Capital | – |
8 investors in total: 8 institutional.
Investors in Benu Networks
Benu Networks has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Ciena, ARRIS and Motorola Mobility.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | springlakeequitypartners.com | Boston, United States | ||
VC firm investing in the US | shv.com | Palo Alto, United States | ||
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Comcast Ventures is focused on investing in technology startups. | comcastventures.com | San Francisco, United States | ||
Mobile communication and broadband network services are provided worldwide. | 2005 | libertyglobal.com | London, United Kingdom | |
IP, video, and broadband solutions are supplied to cable operators. | 1991 | arris.com | Suwanee, United States | |
Mobile devices, cases, tablets, and screen protectors are offered online. | 1928 | motorola.com | Chicago, United States | |
Cloud-based network management software is provided for infrastructure planning. | 1992 | ciena.com | Hanover, United States |
Investor details for Benu Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Benu Networks Packet Switch Private Limited (Benu Networks)
Benu Networks Packet Switch Private Limited is the primary company behind Benu Networks. The board of Benu Networks Packet Switch Private Limited currently have 4 directors; the longest-serving is Amit Vijh, appointed in 2022. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Vijh DIN 08086382 | Director | 17 Nov 2022 | 3 yrs 11 mo | Benu Networks Packet Switch Private Limited |
| Naveen Guglani DIN 05246473 | Director | 17 Nov 2022 | 3 yrs 11 mo | Benu Networks Packet Switch Private Limited |
| Sheela Kosaraju DIN 10550779 | Director | 13 Mar 2024 | 2 yrs 7 mo | Benu Networks Packet Switch Private Limited |
| Jiong Liu DIN 10883850 | Additional Director | 04 Dec 2024 | 1 yr 10 mo | Benu Networks Packet Switch Private Limited |
People of Benu Networks
12 people are tracked at Benu Networks (5 in leadership, 7 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Nancy Xiong | Director of Product Management | Leadership |
Michael Li | VP of APAC | Leadership |
Kamlesh Tripathi | Director Of Software | Leadership |
Deke Alleyne | DIrector, Hardware Engineering | Leadership |
Peter Monteagudo | Director of Software Sustaining | Leadership |
Sajan Sathyan | Principal Software Engineer | Team |
Subhash Kairamkonda | Senior Software Engineer | Team |
Bill Teal | Senior Software Architect | Team |
Diwakar Ragupathy Raj | Test Automation Engineer | Team |
Mohammed Sadath Ulla | Senior SQA Engineer | Team |
sathya venkatesh | Senior Human Resources Manager | Team |
Bert Buffington, CISSP | Sr Sales Engineer | Team |
Complete people profiles for Benu Networks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Benu Networks
Figures of Benu Networks Packet Switch Private Limited, the primary company behind Benu Networks, for FY 2022. Revenue was ₹7.69 Cr (-14% year on year). Net profit was ₹82.3 Lakh (11% margin). EBITDA was ₹1.09 Cr (14% margin). Revenue has grown at a compounded annual rate of -8% over three years and -7% over five years.
- ₹7.69 CrRevenue · FY 2022 · -14% YoY
- ₹82.3 LakhNet profit · 11% margin
- ₹1.09 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 18Employees (provident fund records)
- -8%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Benu Networks Packet Switch Private Limited are on its company page.
Detailed financial statements for Benu Networks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Benu Networks
5 dated milestones of Benu Networks across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Benu Networks is founded.
- Funding First funding round.
- Exit Acquired by Liberty Global.
- Funding Latest funding round, Series C, of $10.0M.
- Exit Acquired by Ciena.
Competitors of Benu Networks
Benu Networks has 2 listed competitors in our database. They include Ciena and CenturyLink.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ciena.com | 1992 | Hanover, United States | 412 | Cloud-based network management software is provided for infrastructure planning. | ||
| centurylink.com | 1930 | Monroe, United States | 25,928 | Datacenter colocation, communication technology, and managed services are provided. |
Detailed competitors of Benu Networks
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Related news about Benu Networks
Complete news archive for Benu Networks
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Frequently Asked Questions about Benu Networks
Benu Networks was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Benu Networks is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.
Benu Networks is a funded company, having raised a total of $150.72M across 12 funding rounds to date. The company's 1st funding round was a Series A of $5.03M, raised on May 2011.
Benu Networks has 18 employees.
The primary company behind Benu Networks, Benu Networks Packet Switch Private Limited, reported revenue of ₹7.69 Cr for FY 2022, down 14% year on year.
Benu Networks was founded in 2010 and is headquartered in Billerica, United States. Enterprise network services are delivered, encompassing installation, implementation, and consulting for residential, business, and mobile sectors. Managed networking solutions and virtual multiservice edge gateways are included in the offerings. Operations center on telecommunications infrastructure support across domestic markets.
Benu Networks's top competitors include Ciena and CenturyLink.
Benu Networks offers Virtual Broadband Network Gateway (vBNG), WaveLogic 6 Extreme, and Universal Aggregation.
Benu Networks has 8 investors. Key investors include Ciena, ARRIS, Motorola Mobility, Liberty Global, and Spring Lake Equity Partners.
Benu Networks operates through Benu Networks Packet Switch Private Limited.
Yes. Benu Networks was acquired by Ciena in November 2022.
The legal entities of Benu Networks currently have 4 directors, including Amit Vijh, Sheela Kosaraju, Naveen Guglani and others.