About Hatteras Networks
Hatteras Networks is a company based in Durham (United States) founded in 2000 was acquired by Overture in March 2011.. Hatteras Networks has raised $90.24 million across 9 funding rounds from investors including Bessemer Venture Partners, Overture Networks and Globespan Capital Partners. Hatteras Networks operates in a competitive market with competitors including Calix, NEC, Ericsson, Mavenir and CommScope, among others.
- Headquarter Durham, United States
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90.24 M (USD)
in 9 rounds
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Latest Funding Round
$1.03 M (USD), Series D
Jan 01, 2009
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Investors
Bessemer Venture Partners
& 5 more
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Employee Count
Employee Count
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Acquired by
Overture
(Mar 01, 2011)
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Funding Insights of Hatteras Networks
Hatteras Networks has successfully raised a total of $90.24M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $1.03 million completed in January 2009. 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 9
- Last Round Series D — $1.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2009 | Amount | Series D - Hatteras Networks | Valuation |
investors |
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| Nov, 2008 | Amount | Series D - Hatteras Networks | Valuation |
investors |
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| Jul, 2007 | Amount | Debt – Conventional - Hatteras Networks | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hatteras Networks
Hatteras Networks has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Overture Networks and Globespan Capital Partners. 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 |
|---|---|---|---|---|
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VC firm investing in companies in the US
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Founded Year | Domain | Location | |
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US tech companies are funded across stages by Columbia Capital.
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Founded Year | Domain | Location | |
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Early-stage US tech startups are invested in by Grotech Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hatteras Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hatteras Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hatteras Networks Comparisons
Competitors of Hatteras Networks
Hatteras 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 Calix, NEC, Ericsson, Mavenir and CommScope, 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 |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Fiber-optic and wireless infrastructure products provider
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hatteras Networks
Frequently Asked Questions about Hatteras Networks
When was Hatteras Networks founded?
Hatteras Networks was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Where is Hatteras Networks located?
Hatteras Networks is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is Hatteras Networks a funded company?
Hatteras Networks is a funded company, having raised a total of $90.24M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $7M, raised on Mar 07, 2001.
What does Hatteras Networks do?
Hatteras Networks was founded in 2000 and is headquartered in Durham, United States. Ethernet delivery solutions are offered for carrier, metro, and mobile wireless backhaul markets, including DSLAM integration. The product portfolio focuses on high-bandwidth Ethernet over copper technology for service providers. A merger with Overture Networks occurred in March 2011, after which rebranding to Overture Networks took place. Operations center on telecommunications infrastructure equipment.
Who are the top competitors of Hatteras Networks?
Who are Hatteras Networks's investors?
Hatteras Networks has 6 investors. Key investors include Bessemer Venture Partners, Overture Networks, Globespan Capital Partners, Columbia Capital, and Grotech Ventures.