About Covad Communications
Covad Communications is a Telecommunications company based in Cupertino (United States) founded in 1996, and was acquired by USVP in June 2010. Broadband voice and data communication services are provided. Covad Communications has completed 4 acquisitions, including BlueStar Communications, Gobeam and Internet Connect. Its chief executive, as recorded, is Pat Bennett. Its focus areas include Telecom, Telecom Operators, Broadband and Wired. Its competitors include Ciena and CenturyLink.
Company details
Covad Communications was founded in 1996 in Cupertino, United States, as a telecommunications provider focused on broadband services. DSL broadband, Voice over IP, T1 lines, web hosting, managed security, IP and dial-up access, and integrated voice and data solutions are offered through its network. In 2010, the company was acquired by U.S. Venture, leading to a merger with MegaPath and Speakeasy to form MegaPath Corporation.
- InvestorsUSVP
& 1 more
- Investments & AcquisitionsBlueStar Communications
& 3 more
- Acquired by
Investors in Covad Communications
Covad Communications has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include USVP and Platinum Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm that focuses on early stage investments in the US | usvp.com | Menlo Park, United States | ||
Platinum Equity is engaged in private equity and credit investments. | platinumequity.com | Beverly Hills, United States |
Investor details for Covad Communications
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People of Covad Communications
9 people are tracked at Covad Communications (4 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Pat Bennett | CEO | Leadership |
Charles Hoffman | CEO | Leadership |
Charles J McMinn | Founder | Leadership |
Bo Brockman | Director - Business Continuity, Real Estate, Facilities | Leadership |
Larry Gindlesberger | Market Manager | Team |
Nick Decourcelles | Regional Channel Manger | Team |
Wayne Seltzer | Sr Carrier Account Executive | Team |
Monty Arney | Facilities Specialist | Team |
Erica Glover | Sales Support Manager | Team |
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Investments & Acquisitions by Covad Communications
Covad Communications has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BlueStar Communications, Gobeam and Internet Connect.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Fixed wireless broadband internet is delivered to businesses. | nextweb.net | San Jose, United States | 1999 | Oct 2005 | $24.7M | |
Limited information available | gobeam.com | Pleasanton, United States | 2000 | Mar 2004 | $48M | |
Broadband internet service provider | internetconnect.net | Torrance, United States | 1994 | Jan 2002 | $7.35M | |
Provides DSL internet services to consumers. | bluestar.net | Davidsonville, United States | 1998 | Jun 2000 | $202M |
Complete acquisition details for Covad Communications
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Timeline of Covad Communications
9 dated milestones of Covad Communications across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Covad Communications is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires BlueStar Communications.
- Acquisition Acquires Internet Connect.
- Acquisition Acquires Gobeam.
- Acquisition Acquires NextWeb.
- Acquisition Acquires Nextweb.
- Exit Acquired by Platinum Equity.
- Exit Acquired by USVP.
Competitors of Covad Communications
Covad Communications has 2 listed competitors in our database. They include Ciena and CenturyLink.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ciena.com | 1992 | Hanover, United States | 412 | Cloud-based network management software is provided for infrastructure planning. | ||
| centurylink.com | 1930 | Monroe, United States | 25,928 | Datacenter colocation, communication technology, and managed services are provided. |
Detailed competitors of Covad Communications
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Web traffic of Covad Communications
Websites that share an audience with Covad Communications (covad.com).
Websites whose visitors overlap most with Covad Communications. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dsl.net | 100% | View details | |||
| cogentco.com | 95% | 295.7K | #100,315 | View details | |
| newedgenetworks.com | 91% | View details | |||
everythingdsl.com | everythingdsl.com | 91% | – | ||
dslreports.com | dslreports.com | 87% | #960,656 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Covad Communications
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Related news about Covad Communications
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Frequently Asked Questions about Covad Communications
Covad Communications was founded in 1996.
Covad Communications is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
Pat Bennett is the CEO of Covad Communications, as recorded in our data.
Covad Communications was founded in 1996 in Cupertino, United States, as a telecommunications provider focused on broadband services. DSL broadband, Voice over IP, T1 lines, web hosting, managed security, IP and dial-up access, and integrated voice and data solutions are offered through its network. In 2010, the company was acquired by U.S. Venture, leading to a merger with MegaPath and Speakeasy to form MegaPath Corporation.
Covad Communications's top competitors include Ciena and CenturyLink.
Covad Communications has made 4 acquisitions, including BlueStar Communications, Gobeam, and Internet Connect.
Covad Communications has 2 investors. Key investors include USVP, and Platinum Equity.
Yes. Covad Communications was acquired by USVP in June 2010.