About Benu Networks
Benu Networks is a company based in Billerica (United States) founded in 2010 was acquired by Ciena in November 2022.. Benu Networks has raised $150.72 million across 12 funding rounds from investors including Ciena, ARRIS and Motorola Mobility. The company has 18 employees as of March 22, 2024. Benu Networks offers products and services including Virtual Broadband Network Gateway (vBNG), WaveLogic 6 Extreme, and Universal Aggregation. Benu Networks operates in a competitive market with competitors including Sky, KPN, Hong Kong Broadband Network, Orange Polska and Cogeco, among others.
- Headquarter Billerica, United States
- Employees 18 as on 22 Mar, 2024
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Benu Networks Packet Switch Private Limited
- Date of Incorporation 12 Apr, 2011
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$1.2 M (USD)-11.46as on Mar 31, 2021
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Net Profit
$90.83 K (USD)-47.35as on Mar 31, 2021
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EBITDA
$119.41 K (USD)-31.62as on Mar 31, 2021
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Total Equity Funding
$150.72 M (USD)
in 12 rounds
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Latest Funding Round
$10 M (USD), Series C
Jul 19, 2018
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Investors
Ciena
& 7 more
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Employee Count
18
as on Mar 22, 2024
- Acquired by
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for virtualized broadband services delivery
Enables high-bandwidth connectivity for routing networks
Aggregates traffic for efficient network edge operations
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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 Total Funding
- Total Rounds 12
- Last Round Series C — $10.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series C - Benu Networks | Valuation | Spring Lake Equity Partners |
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| Jun, 2017 | Amount | Series C - Benu Networks | Valuation | Liberty Global , Sutter Hill Ventures |
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| Oct, 2015 | Amount | Series C - Benu Networks | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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VC firm investing in the US
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Founded Year | Domain | Location | |
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Spark Capital is engaged in venture capital investments.
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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 Benu Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Benu Networks
| 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 |
Benu Networks Comparisons
Competitors of Benu Networks
Benu 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 Sky, KPN, Hong Kong Broadband Network, Orange Polska and Cogeco, 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 |
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| domain | founded_year | HQ Location |
Sky is recognized as a provider of TV, broadband, and mobile services.
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Mobile and fixed-line telecommunication services are provided across Europe.
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Provider of fibre optic broadband internet services
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Telephony, internet, and data transmission services are provided in Poland.
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Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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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Latest news on Benu Networks
Frequently Asked Questions about Benu Networks
When was Benu Networks founded?
Benu Networks was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Benu Networks located?
Benu Networks is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.
Is Benu Networks a funded company?
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 C of $4.4M, raised on May 19, 2011.
How many employees does Benu Networks have?
As of Mar 22, 2024, the latest employee count at Benu Networks is 18.
What is the annual revenue of Benu Networks?
Annual revenue of Benu Networks is $1.2M as on Mar 31, 2021.
What does Benu Networks do?
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.
Who are the top competitors of Benu Networks?
What products or services does Benu Networks offer?
Benu Networks offers Virtual Broadband Network Gateway (vBNG), WaveLogic 6 Extreme, and Universal Aggregation.
Who are Benu Networks's investors?
Benu Networks has 8 investors. Key investors include Ciena, ARRIS, Motorola Mobility, Liberty Global, and Spring Lake Equity Partners.
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