About Paramanet
Paramanet is a Technology company based in Santa Clara (United States) founded in 2000, and was acquired by Bay Microsystems in June 2005. System-on-a-chip solutions for telecommunications transport equipment are provided. Paramanet has raised $7 million across 2 funding rounds from investors including Credit Suisse, Azure Capital Partners and Bay Microsystems. The company was acqui-hired. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, System on chip and Networking Technologies. Its competitors include Emulex, Aeonsemi and Applied Micro Circuits; 1 of its 3 listed competitors has raised funding.
Company details
Parama Networks was founded in 2000 in Santa Clara, United States, focusing on system-on-a-chip solutions for the telecommunications transport sector. Products developed include ADM-on-a-chips, GFP data transport processors, SONETSDH overhead processors, software development kits, and hardware reference designs. The worlds first 40G ADM-on-a-chip SONET technology was created by the company. Operations centered on equipment for transport networks until acquisition by Bay Microsystems in 2005.
- Headquarters Santa Clara, United States
- Stage Acquired
- SectorsTechnology
- Website paramanet.com
- Acquired by Bay Microsystems (Jun 2005)
- Total Equity Funding$7M (USD)
in 2 rounds
- Latest Funding Round$7M (USD), Series B
Feb 2004
- InvestorsCredit Suisse
& 3 more
- Acquired byBay Microsystems
(Jun 2005)
Funding Insights of Paramanet
Paramanet has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in February 2004. 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 $7M
- Total Rounds 2
- Last Round Series B — $7M
- Investors Count 3
All 2 funding rounds of Paramanet 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 2004 | $7M | Series B | – | – | |
| Mar 2001 | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Paramanet
Paramanet has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Credit Suisse, Azure Capital Partners and Bay Microsystems.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Early-stage investments are targeted by Azure Capital Partners. | 2000 | azurecap.com | San Francisco, United States | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Internetwoking Products for Optical and packet switching | 1998 | baymicrosystems.com | San Jose, United States |
Investor details for Paramanet
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 Paramanet
4 dated milestones of Paramanet across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Paramanet is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $7.0M.
- Exit Acquired by Bay Microsystems.
Competitors of Paramanet
Paramanet has 3 listed competitors in our database, 1 of them funded. They include Emulex, Aeonsemi and Applied Micro Circuits.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emulex.com | 1978 | Costa Mesa, United States | Network connectivity, monitoring, and management solutions are provided. | |||
| aeonsemi.com | 2018 | Santa Clara, United States | $11.46M | Low-latency physical interface ICs are manufactured for computing networks. | ||
| apm.com | 1979 | Sunnyvale, United States | Application-specific network processors and connectivity solutions are developed. |
Detailed competitors of Paramanet
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 Semiconductors & ICs
3 companies that operate in the same segment as Paramanet (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI inference platforms and on-premise clusters are provided. | 2016 | San Jose, California, United States | USD 2.77 B | 314 | ||
Custom AI models are trained on a specialized computing platform. | 2015 | Sunnyvale, California, United States | USD 2.55 B | USD 509.99 M | 71 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Paramanet
Paramanet was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Paramanet is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Paramanet is a funded company, having raised a total of $7M across 2 funding rounds to date.
Parama Networks was founded in 2000 in Santa Clara, United States, focusing on system-on-a-chip solutions for the telecommunications transport sector. Products developed include ADM-on-a-chips, GFP data transport processors, SONETSDH overhead processors, software development kits, and hardware reference designs. The worlds first 40G ADM-on-a-chip SONET technology was created by the company. Operations centered on equipment for transport networks until acquisition by Bay Microsystems in 2005.
Paramanet's top competitors include Applied Micro Circuits, Aeonsemi and Emulex.
Paramanet has 4 investors. Key investors include Credit Suisse, Azure Capital Partners, Bay Microsystems, and Menlo Ventures.
Yes. Paramanet was acquired by Bay Microsystems in June 2005.