About Simpler Networks
Simpler Networks is a company based in Dorval (Canada) founded in 1999. Simpler Networks has raised $40.5 million across 3 funding rounds from investors including Hercules Capital, Highland Capital Partners and Kodiak Venture Partners. Simpler Networks operates in a competitive market with competitors including Lite Access, Clearfield, DELTA Fiber, Emtelle and 2Africa, among others.
- Headquarter Dorval, Canada
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Sectors
Telecommunications
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$40.5 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Debt – Conventional
Jan 17, 2006
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Investors
Hercules Capital
& 4 more
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Employee Count
Not available
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Acquired by
(Dec 30, 2008)
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Funding Insights of Simpler Networks
Simpler Networks has successfully raised a total of $40.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in January 2006. 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 Simpler Networks
Simpler Networks has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Hercules Capital, Highland Capital Partners and Kodiak Venture Partners.
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Venture debt financing is provided to companies in multiple sectors.
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Venture capital investment and entrepreneur support services.
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Seed and early stage venture fund investing in North America and Canada
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Investor details for Simpler Networks
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Investments & Acquisitions by Simpler Networks
Investment portfolio details for Simpler Networks
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Financial Statements - Simpler Networks
Detailed financials for Simpler Networks
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Simpler Networks Comparisons
Peer comparison for Simpler Networks
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Competitors of Simpler Networks
Simpler 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 Lite Access, Clearfield, DELTA Fiber, Emtelle and 2Africa, among others.
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Fiber-optic deployment components are supplied for network installation and kits.
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Fiber-optic networks are deployed, maintained, and protected through specialized solutions.
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Fibre optics internet, television, and mobile telephony services are provided.
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Manufactures fibre optic cables and ducted network solutions for global industries.
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Deploys subsea cables to connect Africa, Europe, and Asia for improved internet infrastructure.
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Detailed competitors of Simpler Networks
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Latest news on Simpler Networks
Complete news archive for Simpler Networks
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Frequently Asked Questions about Simpler Networks
Simpler Networks was founded in 1999 and raised its 1st funding round 5 years after it was founded.
Simpler Networks is headquartered in Dorval, Canada. It is registered at Dorval, Quebec, Canada.
Simpler Networks is a funded company, having raised a total of $40.5M across 3 funding rounds to date.
Simpler Networks provides automated distribution frames (passive devices for termination of copper cables) in MDUs, street cabinets and remote central offices. Its products (controlled by a monitoring software) enable operators to fully automate deployment with zero touch provisioning. Claims to provide savings in OPEX and CAPEX costs by more than 50. Its product automates the operational bottlenecks like turning up, testing, managing, and maintaining an increasing number of nodes and services. The company had raised 96M in funding but was filed under receivership and acquired by an undisclosed buyer in 2008.
Simpler Networks's top competitors include Clearfield, Lite Access and DELTA Fiber.
Simpler Networks has 5 investors. Key investors include Hercules Capital, Highland Capital Partners, Kodiak Venture Partners, BCE Capital, and Lothian Partners.