Sting Communications

Lebanon, United States Founded: 1999 • Age: 27 yrs Acquired By Affiniti
Broadband solutions are provided to schools and healthcare facilities.

About Sting Communications

Sting Communications is a company based in Lebanon (United States) founded in 1999 was acquired by Affiniti in April 2014.. Sting Communications operates in a competitive market with competitors including BizLink, Xtera, G. Network, euNetworks and Voneus, among others.

  • Headquarter Lebanon, United States
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $2.75 M (USD), Debt – Conventional

    Jul 21, 2010

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Affiniti

    (Apr 29, 2014)

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Funding Insights of Sting Communications

  • Total Funding
  • Total Rounds 5
  • Last Round Debt – Conventional — $2.8M
  • First Round

    (31 Jan 2007)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2010 Amount Debt – Conventional - Sting Communications Valuation

investors

Jan, 2010 Amount Debt – Conventional - Sting Communications Valuation

investors

Jan, 2008 Amount Debt – Conventional - Sting Communications Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sting Communications

Sting Communications has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include GLC Investment Advisors and Affiniti. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment services are provided focusing on middle market opportunities.
Founded Year Domain Location
Financial tools are provided for small business cash flow management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sting Communications

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sting Communications

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sting Communications Comparisons

Employees
+
Add Comparison
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Competitors of Sting Communications

Sting Communications 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 BizLink, Xtera, G. Network, euNetworks and Voneus, 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
Optical and electronics equipment manufacturer
domain founded_year HQ Location
Optical transport solutions are provided for high-capacity networking.
domain founded_year HQ Location
Fibre optic internet services are provided to business sectors.
domain founded_year HQ Location
Provider of fibre optic network infrastructure services
domain founded_year HQ Location
Fiber network services are provided to businesses in the UK.
domain founded_year HQ Location
End-to-end network access solutions are provided to telecom providers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sting Communications

Frequently Asked Questions about Sting Communications

When was Sting Communications founded?

Sting Communications was founded in 1999 and raised its 1st funding round 8 years after it was founded.

Where is Sting Communications located?

Sting Communications is headquartered in Lebanon, United States.

What does Sting Communications do?

Sting Communications was founded in 1999 and is based in Lebanon, United States. Broadband services are delivered to schools and healthcare facilities via fully managed ethernet networks. A 1,500-mile fiber network in Pennsylvania is operated to support rural school districts. Site-to-cloud connectivity is enabled through WAN virtualization. The company was acquired by Affinity in April 2014.

Who are the top competitors of Sting Communications?

Sting Communications's top competitors include G. Network, Xtera and Voneus.

Who are Sting Communications's investors?

Sting Communications has 2 investors. Key investors include GLC Investment Advisors, and Affiniti.

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