About Commnet
Commnet is a company based in Atlanta (United States) founded in 2000 was acquired by ATN in July 2005.. Commnet has raised $12.28 million across 1 funding round from investors including ATN and Summit Partners. Commnet offers products and services including Wireless Wholesale and Retail Services.
- Headquarter Atlanta, United States
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Sectors
Telecommunications
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Phone
*********
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Website
*********
- Legal Name Commnet Wireless, Llc
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Products & Services of Commnet
Commnet offers a comprehensive portfolio of products and services, including Wireless Wholesale and Retail Services. 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.
Voice and data networks are provided to expand reach
Wireless, broadband, and lifeline services are offered without contracts
Funding Insights of Commnet
Commnet has successfully raised a total of $12.28M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.28 million completed in December 2003. 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 Series A — $12.3M
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First Round
First Round
(23 Dec 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2003 | Amount | Series A - Commnet | Valuation | Summit Partners |
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| 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 Commnet
Commnet has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ATN and Summit Partners. 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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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Global investments are conducted by ATN, a private equity firm.
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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 Commnet
| 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 - Commnet
| 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 |
Commnet Comparisons
Competitors of Commnet
| 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 Commnet
When was Commnet founded?
Commnet was founded in 2000 and raised its 1st funding round 3 years after it was founded.
Where is Commnet located?
Commnet is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Commnet a funded company?
Commnet is a funded company, having raised a total of $12.28M across 1 funding round to date. The company's 1st funding round was a Series A of $12.28M, raised on Dec 23, 2003.
What does Commnet do?
Commnet was founded in 2000 in Atlanta, United States, and operates as a digital marketplace in the typography sector. Fonts from numerous designers and studios are made available for browsing and purchase. Individual fonts or collections can be acquired and downloaded by users. The platform is utilized by professionals for accessing typography resources suited to various design projects.
What products or services does Commnet offer?
Commnet offers Wireless Wholesale and Retail Services.
Who are Commnet's investors?
Commnet has 2 investors. Key investors include ATN, and Summit Partners.