About Bluesocket
Bluesocket is a company based in Burlington (United States) founded in 1999 was acquired by ADTRAN in August 2011.. Bluesocket has raised $27.03 million across 3 funding rounds from investors including ADTRAN, Vesbridge Partners and Menlo Ventures. Bluesocket has completed 1 acquisition, including Pingtel. Bluesocket offers products and services including FSP 3000 open terminals, Optical network terminals, and Adtran University. Bluesocket operates in a competitive market with competitors including Prosimo, Mist Systems, Lightstorm, Mojo Networks and PowerCloud Systems, among others.
- Headquarter Burlington, United States
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Bluesocket
Bluesocket offers a comprehensive portfolio of products and services, including FSP 3000 open terminals, Optical network terminals, and Adtran University. 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.
Provides open optical networking for data center interconnects.
Enables fiber optic connections for residential and business networks.
Offers certification and training for product installation and configuration.
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Software Development Team
75 people
Sales and Marketing
60 people
Leadership Team
27 people
Senior Team
20 people
Product Management Team
11 people
Service Team
9 people
Operations Team
7 people
Customer Team
6 people
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Funding Insights of Bluesocket
Bluesocket has successfully raised a total of $27.03M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $8.03 million completed in January 2010. 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 3
- Last Round Series C — $8.0M
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First Round
First Round
(17 Jan 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2010 | Amount | Series C - Bluesocket | Valuation |
investors |
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| Feb, 2006 | Amount | Series C - Bluesocket | Valuation | Vesbridge Partners , Menlo Ventures | |
| Jan, 2005 | Amount | Series B - Bluesocket | Valuation |
investors |
| 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 |
Investors in Bluesocket
Bluesocket has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include ADTRAN, Vesbridge Partners and Menlo Ventures. 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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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Venture capital is offered by Boulder Ventures for innovative companies.
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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 Bluesocket
Bluesocket has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pingtel. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Voice over IP telephony equipment is developed and supplied.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bluesocket
| 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 |
Bluesocket Comparisons
Competitors of Bluesocket
Bluesocket 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 Prosimo, Mist Systems, Lightstorm, Mojo Networks and PowerCloud Systems, 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 |
Autonomous multi-cloud networking solutions are provided for distributed enterprises.
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Cloud-based analytics are provided for intelligent wireless networks.
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| domain | founded_year | HQ Location |
Network infrastructure is operated to deliver connectivity services.
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| domain | founded_year | HQ Location |
Cloud-managed WiFi solutions are delivered to enterprises for secure access.
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| domain | founded_year | HQ Location |
Cloud-delivered networking solutions for enterprises and carriers are provided.
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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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| domain | founded_year | HQ Location |
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 Bluesocket
Frequently Asked Questions about Bluesocket
When was Bluesocket founded?
Bluesocket was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is Bluesocket located?
Bluesocket is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Is Bluesocket a funded company?
Bluesocket is a funded company, having raised a total of $27.03M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jan 17, 2005.
What does Bluesocket do?
Bluesocket was founded in 1999 in Burlington, United States, focusing on the wireless networking sector. Enterprise-level mobile connectivity products and support are offered, with the vWLAN solution featuring controller-based data routing, firewall protection, and cloud-based access. Operations emphasize secure, scalable wireless architectures for businesses. The company was acquired by ADTRAN in August 2011 to expand wireless market presence.
Who are the top competitors of Bluesocket?
Bluesocket's top competitors include Lightstorm, Mist Systems and Prosimo.
What products or services does Bluesocket offer?
Bluesocket offers FSP 3000 open terminals, Optical network terminals, and Adtran University.
How many acquisitions has Bluesocket made?
Bluesocket has made 1 acquisition, including Pingtel.
Who are Bluesocket's investors?
Bluesocket has 7 investors. Key investors include ADTRAN, Vesbridge Partners, Menlo Ventures, Boulder Ventures, and Ascent Venture Partners.
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