About UTStar
UTStar is a company based in Beijing (China) founded in 1991.. UTStar has raised $40 million across 3 funding rounds from investors including E-Town International Investment & Development and Intel Capital. The company has 219 employees as of December 31, 2024. UTStar has completed 2 acquisitions, including TELOS Technology and Xebeo Communications. UTStar operates in a competitive market with competitors including Tejas Networks, Calix, Cisco, Hewlett Packard Enterprise and Infinera, among others.
- Headquarter Beijing, China
- Employees 219 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyTelecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Utstarcom Holdings Corp
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Annual Revenue
$10.88 M-30.95as on Dec 31, 2024
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Net Profit
$-4.37 M-13.43as on Dec 31, 2024
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EBITDA
$-5.93 M-10.3as on Dec 31, 2024
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Total Equity Funding
$40 M (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
219
as on Dec 31, 2024
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Investments & Acquisitions
TELOS Technology
& 1 more
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IPO & Listings of UTStar
UTStar is a publicly listed company on the NASDAQ with ticker symbol UTSI in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of UTStar
UTStar has successfully raised a total of $40M across 3 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Nov 1999)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Angel Round - UTStar | Valuation |
investors |
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| Feb, 2010 | Amount | Post-IPO - UTStar | Valuation | E-Town International Investment & Development |
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| Nov, 1999 | Amount | Series E - UTStar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UTStar
UTStar has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include E-Town International Investment & Development and Intel Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed on a global scale.
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UTStar
UTStar has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TELOS Technology and Xebeo Communications. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Carrier-grade optical Ethernet switching solutions are supplied to carriers.
|
2000 | ||||
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Packet-based wireless solutions for voice and data are provided.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - UTStar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Utstar Comparisons
Competitors of UTStar
UTStar 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 Tejas Networks, Calix, Cisco, Hewlett Packard Enterprise and Infinera, 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 |
Telecom and broadband network solutions are provided by the company.
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| domain | founded_year | HQ Location |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
AI and saas based cloud security solutions
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| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Cloud-based optical network automation and transmission solutions are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Utstar
Frequently Asked Questions about UTStar
When was UTStar founded?
UTStar was founded in 1991 and raised its 1st funding round 8 years after it was founded.
Where is UTStar located?
UTStar is headquartered in Beijing, China.
Is UTStar a funded company?
UTStar is a funded company, having raised a total of $40M across 3 funding rounds to date. The company's 1st funding round was a Series E of $40M, raised on Nov 01, 1999.
How many employees does UTStar have?
As of Dec 31, 2024, the latest employee count at UTStar is 219.
What is the annual revenue of UTStar?
Annual revenue of UTStar is $10.88M as on Dec 31, 2024.
What does UTStar do?
UTStar was founded in 1991 and is headquartered in Beijing, China. Enterprise networking management solutions are offered, with a focus on optical transport and broadband services via a software-defined network platform. Products in transport software-defined networking are developed, including in-house SDN controllers, packet-optical transport systems, and broadband access solutions. Operations cover mobile backhaul infrastructure, multi-service metro networks, and enterprise services designed for revenue enhancement in telecommunications sectors.
Who are the top competitors of UTStar?
UTStar's top competitors include Tejas Networks, Mavenir and Ciena.
Is UTStar publicly traded?
Yes, UTStar is publicly traded on NASDAQ under the ticker symbol UTSI.
How many acquisitions has UTStar made?
UTStar has made 2 acquisitions, including TELOS Technology, and Xebeo Communications.
Who are UTStar's investors?
UTStar has 2 investors. Key investors include E-Town International Investment & Development, and Intel Capital.
What is UTStar's ticker symbol?
The ticker symbol of UTStar is UTSI on NASDAQ.
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