About Nortel Netas
Nortel Netas is a company based in Istanbul (Turkey) founded in 1967.. Nortel Netas offers products and services including Cloud Servers and IoT Solutions.
- Headquarter Istanbul, Turkey
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Netaş Telekomünikasyon A.Ş
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Annual Revenue
$259.6 M (USD)31.86as on Dec 31, 2024
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Net Profit
$-7.93 M (USD)-381.47as on Dec 31, 2024
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EBITDA
$3.45 M (USD)-45.97as on Dec 31, 2024
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Latest Funding Round
$252.78 K (USD), Grant
Jul 01, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Nortel Netas
Nortel Netas offers a comprehensive portfolio of products and services, including Cloud Servers and IoT 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.
Cloud servers are developed for computing and data storage purposes
IoT solutions are provided for device management and data handling in various applications
Funding Insights of Nortel Netas
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $252,779
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First Round
First Round
(01 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Grant - Nortel Netas | Valuation |
investors |
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| May, 2018 | Amount | Grant - Nortel Netas | Valuation |
investors |
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| Jun, 2017 | Amount | Grant - Nortel Netas | Valuation |
investors |
| 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 Nortel Netas
Nortel Netas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Nortel Netas
| 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 - Nortel Netas
| 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 |
Nortel Netas Comparisons
Competitors of Nortel Netas
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nortel Netas
Frequently Asked Questions about Nortel Netas
When was Nortel Netas founded?
Nortel Netas was founded in 1967 and raised its 1st funding round 50 years after it was founded.
Where is Nortel Netas located?
Nortel Netas is headquartered in Istanbul, Turkey.
What is the annual revenue of Nortel Netas?
Annual revenue of Nortel Netas is $259.6M as on Dec 31, 2024.
What does Nortel Netas do?
Founded in 1967 and headquartered in Istanbul, Turkey, Nortel Netas operates in the telecommunications and IT sectors. End-to-end infrastructure is developed for cloud computing, data analytics, cybersecurity, and critical services. Communication products such as base stations, microwave systems, and cloud servers are manufactured. Managed services including cybersecurity operations and network centers are offered, along with software testing, hardware support, defense solutions, and post-sales assistance.
What products or services does Nortel Netas offer?
Nortel Netas offers Cloud Servers and IoT Solutions.
Who are Nortel Netas's investors?
Nortel Netas has 1 investor. Key investors include European Union.