About Genesis Networks
Genesis Networks is a Technology company based in New York (United States) founded in 2002, and was acquired by Global Crossing in November 2010. IT systems integration, technology consulting, and managed services are provided. Genesis Networks has raised $18.47 million across 13 funding rounds from investors including Global Crossing, Longworth and Masthead Venture Partners. Its focus areas include Business Services, IT Services and Suite. Its competitors include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed competitors has raised funding.
Company details
Genesis Networks, based in New York, focuses on providing business support, providing IT services, and suite. Provider of IT systems integrator of technology consulting and managed services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnology
- Website ww25.gen-networks.com
- Acquired by Global Crossing (Nov 2010)
- Total Equity Funding$18.47M (USD)
in 13 rounds
- Latest Funding Round$2M (USD), Series A
Feb 2010
- InvestorsGlobal Crossing
& 2 more
- Acquired byGlobal Crossing
(Nov 2010)
Funding Insights of Genesis Networks
Genesis Networks has successfully raised a total of $18.47M across 13 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in February 2010. 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 $18.47M
- Total Rounds 13
- Last Round Series A — $2M
- Investors Count 2
Latest 10 of 13 funding rounds of Genesis Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2010 | $2M | Series A | – | – | – |
| Jan 2010 | $1.25M | Series A | – | – | – |
| Dec 2009 | $750,000 | Series A | – | – | – |
| Oct 2009 | $1.7M | Debt – Conventional | – | – | – |
| Jul 2009 | $10.93M | Series A | – | – | – |
| Jun 2009 | $2.04M | Seed | – | – | – |
| May 2009 | $500,000 | Seed | – | – | – |
| Apr 2009 | $1M | Seed | – | – | – |
| Dec 2008 | $1M | Debt – Convertible | – | – | – |
| Sep 2008 | $1.5M | Debt – Convertible | – | – | – |
3 investors in total: 3 institutional.
Investors in Genesis Networks
Genesis Networks has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Global Crossing, Longworth and Masthead Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Waiting list management and analyses services in the technology sector. | longworth.com | |||
| mvpartners.com | ||||
Data, voice, and collaboration services are provided for business connectivity. | 1996 | globalcrossing.com | Florham Park, United States |
Investor details for Genesis Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Genesis Networks
4 dated milestones of Genesis Networks across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Genesis Networks is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $2.0M.
- Exit Acquired by Global Crossing.
Competitors of Genesis Networks
Genesis Networks has 3 listed competitors in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed competitors of Genesis Networks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
3 companies that operate in the same segment as Genesis Networks (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Frequently Asked Questions about Genesis Networks
Genesis Networks was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Genesis Networks is headquartered in New York, United States. It is registered at New York, New York, United States.
Genesis Networks is a funded company, having raised a total of $18.47M across 13 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $1.5M, raised on Sep 2006.
Genesis Networks, based in New York, focuses on providing business support, providing IT services, and suite. Provider of IT systems integrator of technology consulting and managed services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Genesis Networks has 3 investors. Key investors include Global Crossing, Longworth, and Masthead Venture Partners.
Yes. Genesis Networks was acquired by Global Crossing in November 2010.