About empowerTel Networks
empowerTel Networks is a company based in Milpitas (United States) founded in 1997 was acquired by Movius in July 2002.. empowerTel Networks has raised $54 million across 1 funding round from investors including Sony, Goldman Sachs and Deutsche Bank. empowerTel Networks offers products and services including Domain Name Sales. empowerTel Networks operates in a competitive market with competitors including Genband, Acme Packet, Starent Networks, Edgewater Networks and Italtel, among others.
- Headquarter Milpitas, United States
-
Sectors
Telecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of empowerTel Networks
empowerTel Networks offers a comprehensive portfolio of products and services, including Domain Name Sales. 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.
Service for acquiring strategic-grade domain names
Funding Insights of empowerTel Networks
empowerTel Networks has successfully raised a total of $54M through 1 strategic funding round. The most recent funding activity was a Series B round of $54 million completed in February 2000. 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 B — $54.0M
-
First Round
First Round
(02 Feb 2000)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2000 | Amount | Series B - empowerTel Networks | 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 empowerTel Networks
empowerTel Networks has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Sony, Goldman Sachs and Deutsche Bank. 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 |
|---|---|---|---|---|
|
Investment banking services are delivered across multiple financial sectors.
|
Founded Year | Domain | Location | |
|
Private equity firm
|
Founded Year | Domain | Location | |
|
Investments in technology companies are conducted globally by Battery Ventures.
|
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 empowerTel Networks
| 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 |
Financial Statements - empowerTel Networks
| 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 |
Empowertel Networks Comparisons
Competitors of empowerTel Networks
empowerTel Networks 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 Genband, Acme Packet, Starent Networks, Edgewater Networks and Italtel, 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 |
Unified communication and IP products are provided for network solutions.
|
|
| domain | founded_year | HQ Location |
Network equipment including SBCs and multiservice gateways is manufactured.
|
|
| domain | founded_year | HQ Location |
Multimedia core technology is supplied for mobile broadband networks.
|
|
| domain | founded_year | HQ Location |
IP-based network devices and orchestration solutions are provided.
|
|
| domain | founded_year | HQ Location |
Network evolution, cybersecurity, and digital communication solutions are provided.
|
|
| domain | founded_year | HQ Location |
VoIP network infrastructure equipment provider
|
| 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.
|
Frequently Asked Questions about empowerTel Networks
When was empowerTel Networks founded?
empowerTel Networks was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Where is empowerTel Networks located?
empowerTel Networks is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Is empowerTel Networks a funded company?
empowerTel Networks is a funded company, having raised a total of $54M across 1 funding round to date. The company's 1st funding round was a Series B of $54M, raised on Feb 02, 2000.
What does empowerTel Networks do?
empowerTel Networks was founded in 1997 and is based in Milpitas, United States. Operations center on the telecommunications sector, where VoIP switching systems are developed and supplied. The primary product, the Unified Services Exchange, is designed as a carrier-grade solution that supports PSTN-quality voice transmission across IP networks. Services target network operators seeking reliable convergence capabilities.
Who are the top competitors of empowerTel Networks?
empowerTel Networks's top competitors include Italtel, Genband and Mapletree Networks.
What products or services does empowerTel Networks offer?
empowerTel Networks offers Domain Name Sales.
Who are empowerTel Networks's investors?
empowerTel Networks has 10 investors. Key investors include Sony, Goldman Sachs, Deutsche Bank, Morgan Stanley, and TeleSoft Partners.