Tasman Networks

San Jose, United States Founded: 1997 • Age: 29 yrs Acquired By Nortel
Enterprise-grade routing systems and internet access solutions are provided.
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About Tasman Networks

Tasman Networks is a company based in San Jose (United States) founded in 1997 was acquired by Nortel in December 2005.. Tasman Networks has raised $72.9 million across 4 funding rounds from investors including Mayfield, Harbinger Venture Capital and NEA. Tasman Networks operates in a competitive market with competitors including Cradlepoint, Netskope, Aryaka Networks, Versa Networks and Masergy, among others.

  • Headquarter San Jose, United States
  • Sectors
    Technology
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $72.9 M (USD)

    in 4 rounds

  • Latest Funding Round
    $14.4 M (USD), Series G

    May 19, 2004

  • Investors
    Mayfield

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Nortel

    (Dec 27, 2005)

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Funding Insights of Tasman Networks

Tasman Networks has successfully raised a total of $72.9M across 4 strategic funding rounds. The most recent funding activity was a Series G round of $14.4 million completed in May 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
  • Total Rounds 4
  • Last Round Series G — $14.4M
  • First Round

    (27 Oct 1999)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2004 Amount Series G - Tasman Networks Valuation

investors

Jul, 2002 Amount Series F - Tasman Networks Valuation

investors

May, 2001 Amount Series E - Tasman Networks 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 Tasman Networks

Tasman Networks has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Mayfield, Harbinger Venture Capital and NEA. 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
Institutional
Investor Description Founded Year Domain Location
Mayfield is focused on AI innovation and venture capital investments.
Founded Year Domain Location
-
Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
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 Tasman Networks

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 - Tasman Networks

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

Tasman Networks Comparisons

Employees
+
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Competitors of Tasman Networks

Tasman 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 Cradlepoint, Netskope, Aryaka Networks, Versa Networks and Masergy, 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
Cloud-based network infrastructure for IoT applications is provided.
domain founded_year HQ Location
Cloud security solutions are delivered for enterprise visibility and protection.
domain founded_year HQ Location
Unified SASE solutions are delivered for enterprise connectivity and security.
domain founded_year HQ Location
SASE network security solutions are delivered through cloud-based platform.
domain founded_year HQ Location
Provider of IT service suite solutions
domain founded_year HQ Location
Enterprise WAN optimization and application performance monitoring platforms are provided.
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 Tasman Networks

Frequently Asked Questions about Tasman Networks

When was Tasman Networks founded?

Tasman Networks was founded in 1997 and raised its 1st funding round 2 years after it was founded.

Where is Tasman Networks located?

Tasman Networks is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is Tasman Networks a funded company?

Tasman Networks is a funded company, having raised a total of $72.9M across 4 funding rounds to date. The company's 1st funding round was a Series E of $22.5M, raised on Oct 27, 1999.

What does Tasman Networks do?

Tasman Networks was founded in 1997 and is headquartered in San Jose, United States. Operations focus on the networking sector, where mid-range and branch-office routing systems are supplied to enterprises. Multi-megabit internet access is enabled through WAN internet protocol routers, converged service routers, and related solutions. The company, previously known as Tiara Networks until 2002, supports enterprise connectivity needs.

Who are the top competitors of Tasman Networks?

Tasman Networks's top competitors include Cradlepoint, Netskope and Cato Networks.

Who are Tasman Networks's investors?

Tasman Networks has 6 investors. Key investors include Mayfield, Harbinger Venture Capital, NEA, Bowman Capital, and InterWest.

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