About Modesat Communications
Modesat Communications is a Telecommunications company based in Tallinn (Estonia) founded in 2005, and was acquired by Xilinx in September 2012. Backhaul modem solutions for microwave, E-band and NLOS (non-line of sight) markets. Modesat Communications has raised $3.21 million across 2 funding rounds from investors including Xilinx, Ambient Sound Investments and Estonian Development Fund. Modesat Communications offers products and services including Washing Machine Repair, Refrigerator Repair, and Oven Repair. Its focus areas include Telecom, Telecom Infrastructure Tech, Transport Network and Equipment.
Company details
Modesat Communications was founded in 2005 in Tallinn, Estonia, as a provider of wireless backhaul solutions in the telecommunications sector. Microwave radio, satellite, and WiFi applications are supported through modems and orbital satellite positioning systems. Patented FPGA-based implementations are utilized for optimization. The companys offerings extend to mobile backhaul platforms for OEMs, following its acquisition by Xilinx.
- Headquarters Tallinn, Estonia
- Stage Acquired
- SectorsTelecommunications
- Website modesat.com
- Social LinkedIn
- Acquired by Xilinx (Sep 2012)
Products & Services of Modesat Communications
Modesat Communications offers a comprehensive portfolio of products and services, including Washing Machine Repair, Refrigerator Repair, and Oven Repair.
Repairs faulty washing machines using original parts on-site.
Fixes issues in refrigerators and freezers efficiently.
Addresses problems in ovens and cooking appliances promptly.
Funding Insights of Modesat Communications
Modesat Communications has successfully raised a total of $3.21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.57 million completed in October 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 $3.21M
- Total Rounds 2
- Last Round Series A β $2.57M
- First Round $638,635
(May 2006)
- Investors Count 3
All 2 funding rounds of Modesat Communications 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 |
|---|---|---|---|---|---|
| Oct 2010 | $2.57M | Series A | β | β | |
| May 2006 | $638,635 | Seed | β | β |
4 investors in total: 4 institutional.
Investors in Modesat Communications
Modesat Communications has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Xilinx, Ambient Sound Investments and Estonian Development Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early stage VC firm investing in Europe & the US | asi.ee | Tallinn, Estonia | ||
| arengufond.ee | ||||
Bellus Furniture is engaged in designing and selling home furniture. | bellus.com | Haljala, Estonia | ||
Programmable logic devices and embedded solutions are provided. | 1984 | xilinx.com | San Jose, United States |
Investor details for Modesat Communications
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 Modesat Communications
4 dated milestones of Modesat Communications across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Modesat Communications is founded.
- Funding First funding round of $639K.
- Funding Latest funding round, Series A, of $2.6M.
- Exit Acquired by Xilinx.
Web traffic of Modesat Communications
The website of Modesat Communications (modesat.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 33.8% vs previous month
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Frequently Asked Questions about Modesat Communications
Modesat Communications was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Modesat Communications is headquartered in Tallinn, Estonia.
Modesat Communications is a funded company, having raised a total of $3.21M across 2 funding rounds to date. The company's 1st funding round was a Seed of $638.64K, raised on May 2006.
Modesat Communications was founded in 2005 in Tallinn, Estonia, as a provider of wireless backhaul solutions in the telecommunications sector. Microwave radio, satellite, and WiFi applications are supported through modems and orbital satellite positioning systems. Patented FPGA-based implementations are utilized for optimization. The companys offerings extend to mobile backhaul platforms for OEMs, following its acquisition by Xilinx.
Modesat Communications offers Washing Machine Repair, Refrigerator Repair, and Oven Repair.
Modesat Communications has 4 investors. Key investors include Xilinx, Ambient Sound Investments, Estonian Development Fund, and Bellus Furniture.
Yes. Modesat Communications was acquired by Xilinx in September 2012.
