About Polaris Networks
Polaris Networks is a company based in Chicago (United States) founded in 2000 by Vinay Gupta was acquired by Motorola Solutions in September 2020. It operates as a SaaS (Software-as-a-Service). Polaris Networks has raised $72 million across 2 funding rounds from investors including Motorola Solutions, Redpoint Ventures and Venrock. The company has 70 employees as of April 03, 2024. Polaris Networks offers products and services including Software Solutions. Polaris Networks operates in a competitive market with competitors including NetScout, Neusoft, Sigma Systems, Synchronoss and Sandvine, among others.
- Headquarter Chicago, United States
- Employees 70 as on 03 Apr, 2024
- Founders Vinay Gupta
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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- Legal Name Polaris Networks Inc.
- Date of Incorporation 09 Apr, 1990
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$4.25 M (USD)17.95as on Mar 31, 2023
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Net Profit
$787.11 K (USD)146.85as on Mar 31, 2023
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EBITDA
$676.52 K (USD)51.69as on Mar 31, 2023
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Total Equity Funding
$72 M (USD)
in 2 rounds
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Latest Funding Round
$52 M (USD), Series B
Mar 18, 2002
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Investors
Motorola Solutions
& 9 more
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Employee Count
70
as on Apr 03, 2024
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Acquired by
Motorola Solutions
(Sep 01, 2020)
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Products & Services of Polaris Networks
Polaris Networks offers a comprehensive portfolio of products and services, including Software Solutions.
Software solutions are developed for various technological needs.
People of Polaris Networks
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Funding Insights of Polaris Networks
Polaris Networks has successfully raised a total of $72M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $52 million completed in March 2002. 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.
Investors in Polaris Networks
Polaris Networks has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Solutions, Redpoint Ventures and Venrock.
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Redpoint Ventures is engaged in venture capital investments.
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Venture capital firm focused on tech sectors
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Venture capital fund focused on multiple sectors
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Investor details for Polaris Networks
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Investments & Acquisitions by Polaris Networks
Investment portfolio details for Polaris Networks
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Financial Statements - Polaris Networks
Detailed financials for Polaris Networks
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Polaris Networks Comparisons
Peer comparison for Polaris Networks
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Competitors of Polaris Networks
Polaris 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 NetScout, Neusoft, Sigma Systems, Synchronoss and Sandvine, among others.
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Cloud-based visual tools for network performance management are provided.
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IT solutions and services are provided to multiple industries.
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Product, order management, and network provisioning solutions are provided.
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SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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Network policy control products are provided for broadband service providers.
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Network testing platform is utilized for visibility and outage prevention.
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Detailed competitors of Polaris Networks
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Latest news on Polaris Networks
Complete news archive for Polaris Networks
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Frequently Asked Questions about Polaris Networks
Polaris Networks was founded in 2000.
Polaris Networks is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Polaris Networks is a funded company, having raised a total of $72M across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Polaris Networks is 70.
Annual revenue of Polaris Networks is $4.25M as on Mar 31, 2023.
Polaris Networks is engaged in the development and supply of software solutions. The company operates within the technology sector, focusing on delivering software for various applications. Support services are offered to licensees with active contracts, ensuring assistance for software usage. The solutions cater to diverse technological requirements across industries.
Polaris Networks offers Software Solutions.
Polaris Networks has 10 investors. Key investors include Motorola Solutions, Redpoint Ventures, Venrock, Storm Ventures, and Advanced Technology Ventures.