Roving Planet

Westminster, United States Founded: 2001 • Age: 25 yrs Acquired By 3Com
Network management solutions for WLAN infrastructure are provided.

About Roving Planet

Roving Planet is a Technology company based in Westminster (United States) founded in 2001, and was acquired by 3Com in December 2006. Network management solutions for WLAN infrastructure are provided. Roving Planet has raised $17.25 million across 4 funding rounds from investors including 3Com, StarVest Partners and Appian Ventures. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Enterprise Networking, WLAN Infrastructure and Network Management. Its competitors include Aerohive, Ondas Networks and WiChorus; 3 of its 3 listed competitors have raised funding.

Company details

Roving Planet was founded in 2001 in Westminster, United States, as a provider in the networking sector. Modular software platforms are delivered for deploying and managing enterprise-class wireless LANs. Dynamic security and bandwidth management features are included, along with WLAN application quality of service. Integration with legacy systems and enterprise-specific wired and wireless applications is supported through these operations.

Key Metrics
  • Total Equity Funding
    $17.25M (USD)

    in 4 rounds

  • Latest Funding Round
    $6M (USD), Series B

    Jan 2005

  • Investors
    3Com

    & 5 more

  • Acquired by
    3Com

    (Dec 2006)

Funding Insights of Roving Planet

Roving Planet has successfully raised a total of $17.25M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in January 2005. 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 $17.25M
  • Total Rounds 4
  • Last Round Series B β€” $6M
  • First Round $250,000

    (Aug 2001)

  • Investors Count 5

All 4 funding rounds of Roving Planet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2005$6MSeries B––
Jun 2004$9.5MSeries A––
Dec 2002$1.5MSeed––
–
Aug 2001$250,000Seed––
–
Valuation history

6 investors in total: 6 institutional.

Investors in Roving Planet

Roving Planet has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include 3Com, StarVest Partners and Appian Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Growth equity firm investing in technology-enabled B2B services in New York.
starvestpartners.com
Appian Ventures is engaged in venture capital investments.
appianvc.comLittleton, United States
Student founder community at Stanford is supported for entrepreneurship.
cardinalventures.orgStanford, United States
US focused VC firm
dfj.comMenlo Park, United States
wolfventures.com
Networking hardware and security systems are supplied for enterprise use.
19783com.comMarlborough, United States
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Investor details for Roving Planet

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Timeline of Roving Planet

4 dated milestones of Roving Planet across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Roving Planet is founded.
  2. Funding First funding round of $250K.
  3. Funding Latest funding round, Series B, of $6.0M.
  4. Exit Acquired by 3Com.

Competitors of Roving Planet

Roving Planet has 3 listed competitors in our database, 3 of them funded. They include Aerohive, Ondas Networks and WiChorus.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
aerohive.com2006Sunnyvale, United States$104.95M259
Enterprise WiFi solutions are delivered via cloud-managed hardware by Aerohive.
ondas.com2006Sunnyvale, United States$2.53M116
Broadband communication technologies for IoT are developed and deployed.
wichorus.com2005San Jose, United States$42.5M50
Network management solutions for 4G infrastructure are provided.
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Detailed competitors of Roving Planet

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Top companies in Enterprise Networking & IT Infrastructure

3 companies that operate in the same segment as Roving Planet (Enterprise Networking & IT Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
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Related news about Roving Planet

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Frequently Asked Questions about Roving Planet

Roving Planet was founded in 2001.

Roving Planet is headquartered in Westminster, United States.

Roving Planet is a funded company, having raised a total of $17.25M across 4 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Aug 2001.

Roving Planet was founded in 2001 in Westminster, United States, as a provider in the networking sector. Modular software platforms are delivered for deploying and managing enterprise-class wireless LANs. Dynamic security and bandwidth management features are included, along with WLAN application quality of service. Integration with legacy systems and enterprise-specific wired and wireless applications is supported through these operations.

Roving Planet's top competitors include Ondas Networks, Aerohive and WiChorus.

Roving Planet has 6 investors. Key investors include 3Com, StarVest Partners, Appian Ventures, Cardinal Ventures, and DFJ.

Yes. Roving Planet was acquired by 3Com in December 2006.

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