About BlueStar Communications
BlueStar Communications is a company based in Davidsonville (United States) founded in 1998 by Rick Burtner was acquired by Covad Communications in June 2000. It operates as a B2C. BlueStar Communications has raised $31.1 million across 1 funding round from investors including Covad Communications, Crosspoint Venture Partners and BSP Associates. BlueStar Communications operates in a competitive market with competitors including Viatel, Aureon, Daisy Group, Tellabs and TPx Communications, among others.
- Headquarter Davidsonville, United States
- Founders Rick Burtner
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.1 M (USD)
in 1 rounds
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Latest Funding Round
$31.1 M (USD), Private Equity Round
Sep 07, 1999
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Investors
Covad Communications
& 2 more
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Employee Count
Employee Count
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Acquired by
Covad Communications
(Jun 16, 2000)
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Funding Insights of BlueStar Communications
BlueStar Communications has successfully raised a total of $31.1M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $31.1 million completed in September 1999. 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 1
- Last Round Private Equity Round — $31.1M
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First Round
First Round
(07 Sep 1999)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 1999 | Amount | Private Equity Round - BlueStar Communications | 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 BlueStar Communications
BlueStar Communications has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Covad Communications, Crosspoint Venture Partners and BSP Associates. 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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Delivers diversified management consulting services.
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Founded Year | Domain | Location | |
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Broadband voice and data communication services are provided.
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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 BlueStar Communications
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - BlueStar Communications
| 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 |
Bluestar Communications Comparisons
Competitors of BlueStar Communications
BlueStar Communications 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 Viatel, Aureon, Daisy Group, Tellabs and TPx Communications, 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 |
Connectivity, voice, and data center solutions are provided by Viatel.
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| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
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| domain | founded_year | HQ Location |
End-to-end telecom solutions are delivered to UK SMEs.
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| domain | founded_year | HQ Location |
End-to-end network access solutions are provided to telecom providers.
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| domain | founded_year | HQ Location |
Managed IT and Business communication services provider
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| domain | founded_year | HQ Location |
Data, voice, and collaboration services are provided for business connectivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about BlueStar Communications
When was BlueStar Communications founded?
BlueStar Communications was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is BlueStar Communications located?
BlueStar Communications is headquartered in Davidsonville, United States. It is registered at Davidsonville, Maryland, United States.
Is BlueStar Communications a funded company?
BlueStar Communications is a funded company, having raised a total of $31.1M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $31.1M, raised on Sep 07, 1999.
What does BlueStar Communications do?
BlueStar Communications, led by Rick Burtner as Founder, specializes in providing telecom services, internet services, dsl providers, and broadband. Provides DSL internet services to consumers. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of BlueStar Communications?
Who are BlueStar Communications's investors?
BlueStar Communications has 3 investors. Key investors include Covad Communications, Crosspoint Venture Partners, and BSP Associates.