About Sheer Networks
Sheer Networks is a Technology company based in San Jose (United States) founded in 1999, and was acquired by Cisco in July 2005. Provider of network design and management services. Sheer Networks has raised $47 million across 4 funding rounds from investors including Cisco, Nokia and 3Com. Its focus areas include Business Services, IT Services, Networking and Horizontal. Its competitors include OpVista, CCI Systems and SecurEdge; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Jose, United States
- Stage Acquired
- SectorsTechnology
- Website sheernetworks.com
- Social Facebook
- Acquired by Cisco (Jul 2005)
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 $47M
- Total Rounds 4
- First Round $30M
(Sep 2000)
- Investors Count 8
All 4 funding rounds of Sheer Networks 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 |
|---|---|---|---|---|---|
| Apr 2004 | Series C | – | – | ||
| Apr 2003 | $11M | Series C | – | – | |
| Sep 2002 | $6M | Series B | – | – | – |
| Sep 2000 | $30M | Series B | – | – |
9 investors in total: 9 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & late stage sector-agnostic VC firm investing in the US, Asia and Middle East | star-ventures.com | Herzliya, Israel | ||
Sector-agnostic VC firm investing in geographies such as the US | jkbcapital.com | Chicago, United States | ||
Early-stage venture capital investments are made by JVP in Israel. | jvpvc.com | Jerusalem, Israel | ||
| reincapital.com | ||||
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | nokia.com | United States | |
Networking hardware and security systems are supplied for enterprise use. | 1978 | 3com.com | Marlborough, United States | |
Active investment and management services for Central Texas real estate and businesses. | 2000 | castletopcapital.com | Austin, United States | |
Enterprise networking solutions and end-user equipment are provided. | 1971 | nortel-us.com | Houston, United States | |
AI and saas based cloud security solutions | 1984 | cisco.com | San Jose, United States |
Investor details for Sheer Networks
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 Sheer Networks
4 dated milestones of Sheer Networks across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Sheer Networks is founded.
- Funding First funding round of $30.0M.
- Funding Latest funding round, Series C,.
- Exit Acquired by Cisco.
Competitors of Sheer Networks
Sheer Networks has 3 listed competitors in our database, 2 of them funded. They include OpVista, CCI Systems and SecurEdge.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opvista.com | 2000 | Milpitas, United States | $53M | Optical carrier technology is developed for high-speed communications. | ||
| ccisystems.com | 1955 | Iron Mountain, United States | 821 | Network assessment and design services are provided to clients. | ||
| securedgenetworks.com | 2006 | Charlotte, United States | $7.49M | Network design services are provided for secure infrastructure needs. |
Detailed competitors of Sheer Networks
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.
Web traffic of Sheer Networks
Websites that share an audience with Sheer Networks (sheernetworks.com).
Websites whose visitors overlap most with Sheer Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bing.com | 100% | 3.5B | #10 | View details |
Top companies in IT Services & Operations
3 companies that operate in the same segment as Sheer Networks (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Frequently Asked Questions about Sheer Networks
Sheer Networks was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Sheer Networks is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
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 $30M, raised on Sep 2000.
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.
Sheer Networks's top competitors include CCI Systems, OpVista and SecurEdge.
Sheer Networks has 9 investors. Key investors include Cisco, Nokia, 3Com, Nortel US, and Star Ventures.
Yes. Sheer Networks was acquired by Cisco in July 2005.