ExteNet Systems

Lisle, United States Founded: 2003 • Age: 23 yrs Acquired By Stonepeak Infrastructure Partners
Designer, builder, and operator of digital infrastructure

About ExteNet Systems

ExteNet Systems is a company based in Lisle (United States) founded in 2003 was acquired by Stonepeak Infrastructure Partners in November 2015.. ExteNet Systems has raised $192 million across 11 funding rounds from investors including ING, Comerica and SBA Communications. ExteNet Systems has completed 3 acquisitions, including Axiom Fiber, Hudson Fiber and Telecommunication Properties. ExteNet Systems offers products and services including 5G Solutions and Fiber Solutions.

  • Headquarter Lisle, United States
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Extenet Systems
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $192 M (USD)

    in 11 rounds

  • Latest Funding Round
  • Investors
    ING

    & 19 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Axiom Fiber

    & 2 more

  • Acquired by
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Products & Services of ExteNet Systems

ExteNet Systems offers a comprehensive portfolio of products and services, including 5G Solutions and Fiber Solutions. 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.

Primary

Reliable 4G LTE and 5G networks are delivered using innovative digital infrastructure such as fiber and small cells.

Secure and reliable dark and lit fiber networks are provided to enable ultrafast data transport with low latency and high bandwidth.

People of ExteNet Systems
Headcount 200-500
Employee Profiles 57
Employee Profiles
People
Mike Alt
SVP, Planning & Engineering
People
Richard Coyle
President & CEO
People
Frank Weldon
Vice President Field Operations
People
Jim Sharp
Executive Vice President, Chief Financial Officer

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Funding Insights of ExteNet Systems

ExteNet Systems has successfully raised a total of $192M across 11 strategic funding rounds. 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 Rounds 11
  • Last Round
  • First Round

    (01 Sep 2007)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Series E - ExteNet Systems Valuation

investors

Oct, 2020 Amount Series E - ExteNet Systems Valuation John Hancock
Jul, 2019 Amount Debt – Conventional - ExteNet 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 ExteNet Systems

ExteNet Systems has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include ING, Comerica and SBA Communications. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Manulife Wealth and Asset Management is engaged in providing investment and retirement solutions globally.
Founded Year Domain Location
Private equity investments are managed from a USA base.
Founded Year Domain Location
-
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 ExteNet Systems

ExteNet Systems has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Axiom Fiber, Hudson Fiber and Telecommunication Properties. 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
Data fibre Network and Infrastructure Providers.
2014
High-performance engineering plastics and materials are supplied to key sectors.
2002
Fiber optic networks and antenna services are provided to clients.
1995
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 - ExteNet 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

Extenet Systems Comparisons

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Competitors of ExteNet Systems

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 Extenet Systems

Frequently Asked Questions about ExteNet Systems

When was ExteNet Systems founded?

ExteNet Systems was founded in 2003 and raised its 1st funding round 4 years after it was founded.

Where is ExteNet Systems located?

ExteNet Systems is headquartered in Lisle, United States. It is registered at Lisle, Illinois, United States.

Is ExteNet Systems a funded company?

ExteNet Systems is a funded company, having raised a total of $192M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $443M, raised on Sep 01, 2007.

What does ExteNet Systems do?

ExteNet Systems was founded in 2003 and is headquartered in Lisle, United States. Operations focus on the telecommunications sector, where digital infrastructure is designed, constructed, and managed. Services provided include 5G deployments, fiber optics, private wireless networks, edge computing, cloud connectivity, colocation, and managed infrastructure with 247 monitoring and support. Custom solutions are tailored for clients such as network operators, venue owners, government agencies, and enterprises across various geographies.

What products or services does ExteNet Systems offer?

ExteNet Systems offers 5G Solutions and Fiber Solutions.

How many acquisitions has ExteNet Systems made?

ExteNet Systems has made 3 acquisitions, including Axiom Fiber, Hudson Fiber, and Telecommunication Properties.

Who are ExteNet Systems's investors?

ExteNet Systems has 20 investors. Key investors include ING, Comerica, SBA Communications, TD Bank, and CIT.

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