About Covaro
Covaro is a company based in A Coruna (Spain) founded in 2003 was acquired by ADVA Optical Networking in October 2005. Covaro has raised $25.3 million across 1 funding round from investors including ADVA Optical Networking, CenterPoint Ventures and InterWest. Covaro offers products and services including Domain Selling Service and Domain Search Tool. Covaro operates in a competitive market with competitors including Metaswitch, PacketFabric, Teridion, Megaport and Meta Networks, among others.
- Headquarter A Coruna, Spain
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$25.3 M (USD)
in 1 rounds
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Latest Funding Round
$25.3 M (USD), Series B
Feb 22, 2004
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Investors
ADVA Optical Networking
& 4 more
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Employee Count
Not available
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Acquired by
ADVA Optical Networking
(Oct 17, 2005)
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Products & Services of Covaro
Covaro offers a comprehensive portfolio of products and services, including Domain Selling Service and Domain Search Tool.
Platform for purchasing and renting domain names.
Tool to find and evaluate domain names for sale.
Funding Insights of Covaro
Covaro has successfully raised a total of $25.3M through 1 strategic funding round. The most recent funding activity was a Series B round of $25.3 million completed in February 2004. 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.
Investors in Covaro
Covaro has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include ADVA Optical Networking, CenterPoint Ventures and InterWest.
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Early-stage investing in IT and healthcare ventures.
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Investor details for Covaro
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Investments & Acquisitions by Covaro
Investment portfolio details for Covaro
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Financial Statements - Covaro
Detailed financials for Covaro
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Covaro Comparisons
Peer comparison for Covaro
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Competitors of Covaro
Covaro 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 Metaswitch, PacketFabric, Teridion, Megaport and Meta Networks, among others.
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SoftSwitch and VOIP solutions are provided for cloud-based communication networks.
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Software-controlled cloud services for network interconnections are provided.
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Cloud-based SDN networking solutions provider
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Platform offering cloud integration and connectivity solutions
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Zero-trust Network as a service provider
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Virtual network infrastructure is delivered via SDN for internet acceleration.
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Detailed competitors of Covaro
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Latest news on Covaro
Complete news archive for Covaro
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Frequently Asked Questions about Covaro
Covaro was founded in 2003 and raised its 1st funding round 1 year after it was founded.
Covaro is headquartered in A Coruna, Spain. It is registered at A Coruna, Galicia, Spain.
Covaro is a funded company, having raised a total of $25.3M across 1 funding round to date.
Covaro Networks was founded in 2003 and is based in A Coruna, Spain. Ethernet demarcation products are developed by the company for WAN applications, enabling carriers to deliver Ethernet services over copper, fiber, SONET, and DS3DS1 infrastructures. The firm, previously known as Arriso Networks, was renamed in October 2002. Acquisition by ADVA Optical Networking occurred in October 2005 to enhance its Fiber Service Platform.
Covaro's top competitors include Metaswitch, Megaport and Puloli.
Covaro offers Domain Selling Service and Domain Search Tool.
Covaro has 5 investors. Key investors include ADVA Optical Networking, CenterPoint Ventures, InterWest, Centennial Ventures, and Sevin Rosen.