About Casa Systems
Casa Systems is a company based in Andover (United States) founded in 2003. Casa Systems has raised $110.97 million across 12 funding rounds from investors including Verizon, Liberty Global and European Union. The company has 334 employees as of December 31, 2022. Casa Systems has completed 1 acquisition, including NetComm Wireless. Casa Systems operates in a competitive market with competitors including Calix, Mavenir, Ericsson, Actelis and NEC, among others.
- Headquarter Andover, United States
- Employees 334 as on 31 Dec, 2022
- Stage Public
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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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Annual Revenue
$286.54 M (USD)-29as on Dec 31, 2022
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Net Profit
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EBITDA
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Total Equity Funding
$110.97 M (USD)
in 12 rounds
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Latest Funding Round
$40 M (USD), Post-IPO
Apr 18, 2022
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Investors
Verizon
& 4 more
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Employee Count
334
as on Dec 31, 2022
- Investments & Acquisitions
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People of Casa Systems
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Software Development Team
177 people
Sales and Marketing
74 people
Leadership Team
53 people
Finance and Accounting
36 people
Human Resources and Administration
26 people
Senior Team
21 people
Operations Team
15 people
Legal and Compliance
13 people
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Funding Insights of Casa Systems
Casa Systems has successfully raised a total of $110.97M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $40 million completed in April 2022. 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 Post-IPO — $40.0M
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First Round
First Round
(01 Jul 2005)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Post-IPO - Casa Systems | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - Casa Systems | Valuation |
investors |
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| Jun, 2017 | Amount | Grant - Casa Systems | Valuation |
investors |
Investors in Casa Systems
Casa Systems has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Verizon, Liberty Global and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Mobile and internet services are provided to homes and businesses.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
Investments & Acquisitions by Casa Systems
Casa Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NetComm Wireless.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Broadband and wireless M2M equipment provider
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1982 |
Financial Statements - Casa Systems
Casa Systems Comparisons
Competitors of Casa Systems
Casa Systems 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 Calix, Mavenir, Ericsson, Actelis and NEC, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
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| domain | founded_year | HQ Location |
Broadband access solutions are delivered via DSL and wireless backhaul.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
IP, video, and broadband solutions are supplied to cable operators.
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Frequently Asked Questions about Casa Systems
Casa Systems was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Casa Systems is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.
Casa Systems is a funded company, having raised a total of $110.97M across 12 funding rounds to date. The company's 1st funding round was a Grant of $406.49K, raised on Jul 01, 2005.
As of Dec 31, 2022, the latest employee count at Casa Systems is 334.
Annual revenue of Casa Systems is $286.54M as on Dec 31, 2022.
Casa Systems was founded in 2003 and is located in Andover, United States. Equipment across multiple categories for the telecommunications sector is supplied by the company. Solutions for 5G deployment are delivered to service providers. Broadband capabilities are supported for fixed, mobile, optical, and Wi-Fi networks through its specialized operations in telecommunications infrastructure.
Casa Systems has made 1 acquisition, including NetComm Wireless.
Casa Systems has 5 investors. Key investors include Verizon, Liberty Global, European Union, Summit Partners, and SeaChange.