About Sheer Networks
Sheer Networks is a company based in San Jose (United States) founded in 1999 was acquired by Cisco in July 2005.. Sheer Networks has raised $47 million across 4 funding rounds from investors including Cisco, Nokia and 3Com. Sheer Networks operates in a competitive market with competitors including Frontiir Communications, OpVista, Paradyn, Axtel and Sceptr, among others.
- Headquarter San Jose, United States
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Sheer Networks
Sheer Networks has successfully raised a total of $47M across 4 strategic funding rounds. 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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(06 Sep 2000)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2004 | Amount | Series C - Sheer Networks | Valuation |
investors |
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| Apr, 2003 | Amount | Series C - Sheer Networks | Valuation |
investors |
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| Sep, 2002 | Amount | Series B - Sheer Networks | Valuation |
investors |
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| 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 Sheer Networks
Sheer Networks has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Nokia and 3Com. 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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Early & late stage sector-agnostic VC firm investing in the US, Asia and Middle East
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Founded Year | Domain | Location | |
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Sector-agnostic VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made by JVP in Israel.
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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 Sheer Networks
| 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 - Sheer Networks
| 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 |
Sheer Networks Comparisons
Competitors of Sheer Networks
Sheer 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 Frontiir Communications, OpVista, Paradyn, Axtel and Sceptr, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet connectivity and managed networking services are provided in Myanmar.
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| domain | founded_year | HQ Location |
Optical carrier technology is developed for high-speed communications.
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| domain | founded_year | HQ Location |
Managed connectivity and infrastructure services are provided in Ireland.
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| domain | founded_year | HQ Location |
Information and communication technology services are provided to various clients.
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| domain | founded_year | HQ Location |
Provider of network and application performance and security insights based on historical data
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| 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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Frequently Asked Questions about Sheer Networks
When was Sheer Networks founded?
Sheer Networks was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Sheer Networks located?
Sheer Networks is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is Sheer Networks a funded company?
Sheer Networks is a funded company, having raised a total of $47M across 4 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Sep 06, 2000.
What does Sheer Networks do?
Sheer Networks, based in San Jose, focuses on providing business support, providing IT services, networking, and horizontal. Provider of network design and management services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Sheer Networks?
Sheer Networks's top competitors include Frontiir Communications, Airowire Networks and Paradyn.
Who are Sheer Networks's investors?
Sheer Networks has 9 investors. Key investors include Cisco, Nokia, 3Com, Nortel US, and Star Ventures.
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