About UUNET
UUNET is a company based in Ashburn (United States) founded in 1987. It operates as a B2B, and SaaS. UUNET has raised $6 million across 1 funding round from investors including Accel, NEA and Menlo Ventures. UUNET offers products and services including Mobile Plans, Business Internet, and Network Security. UUNET operates in a competitive market with competitors including McKay Brothers, Ekahau, Agile Networks, NextWeb and Deep Blue Communications, among others.
- Headquarter Ashburn, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Oct 01, 1993
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Investors
Accel
& 2 more
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Employee Count
Employee Count
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Products & Services of UUNET
UUNET offers a comprehensive portfolio of products and services, including Mobile Plans, Business Internet, and Network Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Business mobile plans for communication and connectivity needs.
High-speed internet solutions for enterprise operations and data transfer.
Tools for protecting business networks from cyber threats and breaches.
Funding Insights of UUNET
UUNET has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in October 1993. 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 1
- Last Round Series A — $6.0M
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First Round
First Round
(01 Oct 1993)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 1993 | Amount | Series A - UUNET | 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 UUNET
UUNET has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Accel, NEA and Menlo Ventures. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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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 UUNET
| 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 |
Financial Statements - UUNET
| 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 |
Uunet Comparisons
Competitors of UUNET
UUNET 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 McKay Brothers, Ekahau, Agile Networks, NextWeb and Deep Blue Communications, 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 |
Low-latency wireless connectivity services are provided to financial firms.
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| domain | founded_year | HQ Location |
Wi-Fi-based RTLS systems for asset tracking and safety are provided.
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| domain | founded_year | HQ Location |
Hybrid fiber-wireless broadband data networks are provided for IP applications.
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| domain | founded_year | HQ Location |
Fixed wireless broadband internet is delivered to businesses.
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| domain | founded_year | HQ Location |
Managed Wi-Fi services are delivered to hospitality and retail sectors.
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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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Frequently Asked Questions about UUNET
When was UUNET founded?
UUNET was founded in 1987 and raised its 1st funding round 6 years after it was founded.
Where is UUNET located?
UUNET is headquartered in Ashburn, United States. It is registered at Ashburn, Virginia, United States.
Is UUNET a funded company?
UUNET is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Oct 01, 1993.
What does UUNET do?
Verizon Business delivers telecommunications solutions including mobile plans, internet services, network security, and IoT for various industries. It operates through subscriptions and device sales, serving small businesses, enterprises, and public sectors. Based primarily in the United States, it supports global operations across multiple countries with reliable connectivity and innovative tools for efficiency and customer engagement.
Who are the top competitors of UUNET?
UUNET's top competitors include McKay Brothers, Ekahau and Deep Blue Communications.
What products or services does UUNET offer?
UUNET offers Mobile Plans, Business Internet, and Network Security.
Who are UUNET's investors?
UUNET has 3 investors. Key investors include Accel, NEA, and Menlo Ventures.
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