Verismo Networks

Mountain View, United States Founded: 2003 • Age: 23 yrs
Provides broadband TV solutions for enhanced connectivity.

About Verismo Networks

Verismo Networks is a company based in Mountain View (United States) founded in 2003 by Vijay Maheshwari. It operates as a B2B. Verismo Networks has raised $17 million across 1 funding round from investors including Intel Capital. The company has 1 employees. Verismo Networks operates in a competitive market with competitors including Synamedia, Wyplay, ZEASN, IWedia and SoftAtHome, among others.

Key Metrics
  • Annual Revenue
    ₹3,000

    FY 2023 · -93% YoY

  • Net Loss
    -₹1.2 Lakh

    FY 2023 · -4099% margin

  • EBITDA
    -₹92,000

    FY 2023 · -3066% margin

  • Total Equity Funding
    $17M (USD)

    in 1 rounds

  • Latest Funding Round
    $17M (USD), Series A

    Nov 2010

  • Investors
  • Employee Count
    1

Funding Insights of Verismo Networks

Verismo Networks has successfully raised a total of $17M through 1 strategic funding round. The most recent funding activity was a Series A round of $17 million completed in November 2010. 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 $17M
  • Total Rounds 1
  • Last Round Series A β€” $17M
  • First Round $17M

    (Nov 2010)

  • Investors Count 1

All 1 funding rounds of Verismo Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2010$17MSeries A––
Valuation history

1 investors in total: 1 institutional.

Investors in Verismo Networks

Verismo Networks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Intel Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment in technology startups focusing on compute, AI, and related innovations.
–intelcapital.com-
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Investor details for Verismo Networks

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Board of directors of Verismo Networks Private Limited (Verismo Networks)

Verismo Networks Private Limited is the primary company behind Verismo Networks. The board of Verismo Networks Private Limited currently have 2 directors; the longest-serving is Satish Manjunatharao Mugulavalli, appointed in 2008. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Satish Manjunatharao Mugulavalli
DIN 00563403
Director21 Mar 200818 yrs 6 moVerismo Networks Private Limited
Ramesh Gopalkrishna
DIN 00563477
Director27 Aug 201313 yrs 1 moVerismo Networks Private Limited

People of Verismo Networks

1 people are tracked at Verismo Networks (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-Founder, CTOLeadership
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Complete people profiles for Verismo Networks

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Financials of Verismo Networks

Figures of Verismo Networks Private Limited, the primary company behind Verismo Networks, for FY 2023. Revenue was ₹3,000 (-93% year on year). Net loss was -₹1.2 Lakh (-4099% margin). EBITDA was -₹92,000 (-3066% margin). Revenue has grown at a compounded annual rate of -40% over five years.

  • ₹3,000Revenue · FY 2023 · -93% YoY
  • -₹1.2 LakhNet loss · -4099% margin
  • -₹92,000EBITDA · -3066% margin
  • ₹1 LakhPaid-up capital
  • -40%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Verismo Networks Private Limited are on its company page.

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Detailed financial statements for Verismo Networks

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Verismo Networks

2 dated milestones of Verismo Networks across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Verismo Networks is founded.
  2. Funding First funding round of $17.0M.

Competitors of Verismo Networks

Verismo 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 Synamedia, Wyplay, ZEASN, IWedia and SoftAtHome, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
synamedia.com2018Staines-upon-thames, United Kingdom––
Video distribution solutions are delivered through a cloud-based platform.
wyplay.com2006Marseille, France$32.44M–
Software solution provider for IPTV, cable and satellite TV operators
zeasn.com2011Beijing, China––
Offers innovative smart TV solutions for manufacturers and users.
iwedia.com1996Rennes, France$12.94M–
Technology solutions are provided for connected TV devices.
softathome.com2008Nanterre, France––
Provides software solutions for home connectivity, Wi-Fi, and network monitoring.
tvstorm.com2006Seoul, South Korea––
STB middleware software solutions are provided for various platforms.
vewd.com2002Wroclaw, Poland––
OTT solutions for video streaming on multiple devices are provided.
dreamdroid.org2014–––
Provides comprehensive smart TV control systems for enhanced user experience.
cyclecentury.com2004Haidian, China––
Digital video solutions and technology services are provided for telecommunications.
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Detailed competitors of Verismo Networks

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Verified entity values are shown only after access is granted.

Web traffic of Verismo Networks

Websites that share an audience with Verismo Networks (verismonetworks.com).

Similar websites

Websites whose visitors overlap most with Verismo Networks. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
winchannel.net
69%
––View details

Similar companies to Verismo Networks

10 companies that operate in the same segment as Verismo Networks (Telecom End User Equipment and Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Telecommunication products and services are provided by Metro by T-Mobile.
1994Richardson, Texas, United StatesUSD 822 M––
Hybrid cloud platforms and networking solutions are provided globally.
1987Shenzhen, Guangdong, China–––
Mobile, fixed-line, and internet services are provided by Telekom.
2001Bucharest, Romania–––
Electrical circuit components including timing and power solutions are manufactured.
2009Spicewood, Texas, United StatesUSD 40.1 M–69
Manufacturer of cell phone signal boosters for homes, vehicles, and businesses
2009Saint George, New Brunswick, Canada–––
LMT is recognized as a leading mobile telecommunications provider in Latvia.
–Latvia–––
Radio-style mobile communication services are provided globally.
2003Austin, Texas, United StatesUSD 20 M–46
Provider of DC & AC power cables, wires & other telecom equipment and installation services
1937United States–––
Networking solutions are provided by FRITZ! for home connectivity.
1986Berlin, Berlin, Germany–––
Mobile data solutions are offered to brands, operators, and consumers.
2013Chelmsford, Massachusetts, United StatesUSD 10 MUSD 4.54 M164
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Frequently Asked Questions about Verismo Networks

Verismo Networks was founded in 2003 and raised its 1st funding round 7 years after it was founded.

Verismo Networks is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Verismo Networks is a funded company, having raised a total of $17M across 1 funding round to date. The company's 1st funding round was a Series A of $17M, raised on Nov 2010.

Verismo Networks has 1 employees.

The primary company behind Verismo Networks, Verismo Networks Private Limited, reported revenue of β‚Ή3,000 for FY 2023, down 93% year on year.

Verismo Networks, founded in 2003 in Mountain View, United States, focuses on providing telecom services, broadband services, tv solutions, and broadband tv. Provides broadband TV solutions for enhanced connectivity. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Verismo Networks's top competitors include Synamedia, IWedia and Wyplay.

Verismo Networks has 1 investor. Key investors include Intel Capital.

Verismo Networks operates through Verismo Networks Private Limited.

The legal entities of Verismo Networks currently have 2 directors, including Satish Manjunatharao Mugulavalli, Ramesh Gopalkrishna.

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