About Spring Tidenet
Spring Tidenet is a company based in Drums (United States) founded in 1998, and was acquired by Lucent in July 2000. Spring Tidenet was established in 1998 in Drums, United States. Spring Tidenet has raised $38.9 million across 1 funding round from investors including Global Crossing, Lucent and Meritech Capital.
Company details
Spring Tidenet was founded in 1998 and is headquartered in Drums, United States. The domain springtidenet.com is linked to its online presence. Limited details are available on core activities, industry sector, or specific services offered. Operations appear to be based primarily in the United States, with no further information provided on scope or expansions. Geographic focus remains centered in Drums.
- Headquarters Drums, United States
- Stage Acquired
- Website springtidenet.com
- Acquired by Lucent (Jul 2000)
- Total Equity Funding$38.9M (USD)
in 1 rounds
- Latest Funding Round$38.9M (USD), Series B
Jan 2004
- InvestorsGlobal Crossing
& 6 more
- Acquired byLucent
(Jul 2000)
Funding Insights of Spring Tidenet
Spring Tidenet has successfully raised a total of $38.9M through 1 strategic funding round. The most recent funding activity was a Series B round of $38.9 million completed in January 2004. 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 $38.9M
- Total Rounds 1
- Last Round Series B — $38.9M
- First Round $38.9M
(Jan 2004)
- Investors Count 7
All 1 funding rounds of Spring Tidenet 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 |
|---|---|---|---|---|---|
| Jan 2004 | $38.9M | Series B | – | – |
7 investors in total: 7 institutional.
Investors in Spring Tidenet
Spring Tidenet has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Global Crossing, Lucent and Meritech Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward US-based companies. | meritechcapital.com | Palo Alto, United States | ||
US focused seed to growth stage VC firm | northbridge.com | Needham, United States | ||
Early-stage ventures are funded by the investment firm. | matrix.vc | San Francisco, United States | ||
Venture capital investments are made in disruptive growth companies. | oakvc.com | Greenwich, United States | ||
| sumitomocorp.co.jp | ||||
Data, voice, and collaboration services are provided for business connectivity. | 1996 | globalcrossing.com | Florham Park, United States | |
Integrated network and technology solutions provider | 1996 | lucent.com | Woodland Park, United States |
Investor details for Spring Tidenet
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 Spring Tidenet
3 dated milestones of Spring Tidenet across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Spring Tidenet is founded.
- Exit Acquired by Lucent.
- Funding First funding round of $38.9M.
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Frequently Asked Questions about Spring Tidenet
Spring Tidenet was founded in 1998 and raised its 1st funding round 6 years after it was founded.
Spring Tidenet is headquartered in Drums, United States. It is registered at Drums, Pennsylvania, United States.
Spring Tidenet is a funded company, having raised a total of $38.9M across 1 funding round to date. The company's 1st funding round was a Series B of $38.9M, raised on Jan 2004.
Spring Tidenet was founded in 1998 and is headquartered in Drums, United States. The domain springtidenet.com is linked to its online presence. Limited details are available on core activities, industry sector, or specific services offered. Operations appear to be based primarily in the United States, with no further information provided on scope or expansions. Geographic focus remains centered in Drums.
Spring Tidenet has 7 investors. Key investors include Global Crossing, Lucent, Meritech Capital, Sumitomo Corporation, and North Bridge Venture Partners.
Yes. Spring Tidenet was acquired by Lucent in July 2000.