About Hatteras Networks
Hatteras Networks is a Telecommunications company based in Durham (United States) founded in 2000, and was acquired by Overture in March 2011. High-bandwidth Ethernet equipment is supplied to carriers and service providers. Hatteras Networks has raised $90.24 million across 9 funding rounds from investors including Bessemer Venture Partners, Overture Networks and Globespan Capital Partners. Its focus areas include Telecom, Telecom Infrastructure Tech, Core Network and Equipment. Its competitors include Calix, Mavenir and CommScope; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Durham, United States
- Stage Acquired
- SectorsTelecommunications
- Website hatterasnetworks.com
- Acquired by Overture (Mar 2011)
- Total Equity Funding$90.24M (USD)
in 9 rounds
- Latest Funding Round$1.03M (USD), Series D
Jan 2009
- InvestorsBessemer Venture Partners
& 5 more
- Acquired byOverture
(Mar 2011)
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 $90.24M
- Total Rounds 9
- Last Round Series D — $1.03M
- Investors Count 5
All 9 funding rounds of Hatteras 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 |
|---|---|---|---|---|---|
| Jan 2009 | $1.03M | Series D | – | – | – |
| Nov 2008 | $149,999 | Series D | – | – | – |
| Jul 2007 | $7M | Debt – Conventional | – | – | – |
| Jun 2007 | $8M | Series D | – | – | – |
| Jan 2007 | $60,000 | Series D | – | – | – |
| Jun 2006 | $21M | Series D | – | – | |
| Jun 2005 | $15M | Series D | – | – | |
| Aug 2002 | $45M | Series C | – | – | |
| Mar 2001 | Series B | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in companies in the US | globespancapital.com | Boston, United States | ||
US tech companies are funded across stages by Columbia Capital. | colcap.com | Alexandria, United States | ||
Early-stage US tech startups are invested in by Grotech Ventures. | grotech.com | Arlington, United States | ||
Venture capital investments are directed toward US, India, and China. | fusecapital.com | Menlo Park, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
SDN NFV network orchestration | 2000 | overturenetworks.com | Morrisville, United States |
Investor details for Hatteras Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Hatteras Networks
4 dated milestones of Hatteras Networks across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Hatteras Networks is founded.
- Funding First funding round.
- Funding Latest funding round, Series D, of $1.0M.
- Exit Acquired by Overture.
Competitors of Hatteras Networks
Hatteras Networks has 3 listed competitors in our database, 2 of them funded. They include Calix, Mavenir and CommScope.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| calix.com | 1999 | Petaluma, United States | $107.5M | 1,054 | Communication equipment and software solutions are provided for broadband access. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| commscope.com | 1976 | Richardson, United States | 4,773 | Fiber-optic and wireless infrastructure products provider |
Detailed competitors of Hatteras Networks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Telecom Infrastructure Tech
3 companies that operate in the same segment as Hatteras Networks (Telecom Infrastructure Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud networking solutions are delivered via AI and SaaS platforms. | 2004 | Santa Clara, California, United States | USD 1.5 M | USD 7 B | 4,410 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Multi-access edge networking computing platform is provided for mobile services. | 2005 | Richardson, Texas, United States | USD 105.36 M |
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Frequently Asked Questions about Hatteras Networks
Hatteras Networks was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Hatteras Networks is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Hatteras Networks is a funded company, having raised a total of $90.24M across 9 funding rounds to date.
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.
Hatteras Networks has 6 investors. Key investors include Bessemer Venture Partners, Overture Networks, Globespan Capital Partners, Columbia Capital, and Grotech Ventures.
Yes. Hatteras Networks was acquired by Overture in March 2011.