Communications Systems

Minnetonka, United States Founded: 1969 • Age: 57 yrs
Connectivity infrastructure products for broadband networks are supplied.
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About Communications Systems

Communications Systems is a company based in Minnetonka (United States) founded in 1969.. The company has 129 employees as of December 31, 2021. Communications Systems has completed 4 acquisitions, including Ecessa, Lanart and Lantronix. Communications Systems operates in a competitive market with competitors including Calix, NEC, Ericsson, Mavenir and CommScope, among others.

  • Headquarter Minnetonka, United States
  • Employees 129 as on 31 Dec, 2021
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Communications Systems Inc.
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $25 M (USD), Post-IPO

    Jun 28, 2021

  • Investors
  • Employee Count
    129

    as on Dec 31, 2021

  • Investments & Acquisitions
    Ecessa

    & 3 more

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People of Communications Systems
Headcount 500-1000
Employee Profiles 7
Employee Profiles
People
Kristin Hlavka
Corporate Controller
People
Roger Lacey
Executive Chair
People
Jamie Bohlin
ERP Specialist/business Analyst
People
Kaye Johnson
Suttle Plant Accountant

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Funding Insights of Communications Systems

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $25.0M
  • First Round

    (28 Jun 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Post-IPO - Communications Systems Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Communications Systems

Communications Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CrowdOut. 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.

All
Institutional
Investor Description Founded Year Domain Location
P2P funding is facilitated for middle market business loans.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Communications Systems

Communications Systems has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Ecessa, Lanart and Lantronix. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Lantronix is engaged in providing intelligent IoT and networking solutions.
1987
Environment, history, and culture are emphasized by this non-profit organization.
1984
Edge routers and WAN solutions are delivered for enterprise applications.
1968
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Communications Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Communications Systems Comparisons

Employees
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Competitors of Communications Systems

Communications 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, NEC, Ericsson, Mavenir and CommScope, 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
Communication equipment and software solutions are provided for broadband access.
domain founded_year HQ Location
Cloud-based IT and networking solutions are provided globally.
domain founded_year HQ Location
Telecom equipment and software solutions are provided for networks.
domain founded_year HQ Location
Multi-access edge networking computing platform is provided for mobile services.
domain founded_year HQ Location
Fiber-optic and wireless infrastructure products provider
domain founded_year HQ Location
Cloud-based enterprise networking and firewall solutions are delivered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Communications Systems

Frequently Asked Questions about Communications Systems

When was Communications Systems founded?

Communications Systems was founded in 1969 and raised its 1st funding round 52 years after it was founded.

Where is Communications Systems located?

Communications Systems is headquartered in Minnetonka, United States. It is registered at Minnetonka, Minnesota, United States.

How many employees does Communications Systems have?

As of Dec 31, 2021, the latest employee count at Communications Systems is 129.

What does Communications Systems do?

Communications Systems (through its subsidiaries) provides connectivity infrastructure products for the deployment of broadband networks. Its product portfolio includes copper and fiber connectivity systems, enclosure systems, network interface devices, splitters, structured cabling products, media converters, Ethernet switches (allow transmission of voice and data across networks and between copper-wired and fiber-optic equipment). It also provides IT network managed services including network design, computer infrastructure installations, IT service management, network security and network operation services.

Who are the top competitors of Communications Systems?

Communications Systems's top competitors include Mavenir, Actelis and Ericsson.

How many acquisitions has Communications Systems made?

Communications Systems has made 4 acquisitions, including Ecessa, Lanart, and Lantronix.

Who are Communications Systems's investors?

Communications Systems has 1 investor. Key investors include CrowdOut.

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