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Anova Financial Networks company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Services / Wireless
anovanetworks.com

Portfolio Exits

1

Partners & Customers

6

About Anova Financial Networks

Anova Financial Networks is a carrier that offers wireless and fiber connectivity as well as market data distribution across all asset classes. Anova Financial Networks delivers an ultra-low latency, high availability wireless fiber capacity to both established and emerging markets.

Headquarters Location

205 N. Michigan Ave Suite 4230

Chicago, Illinois, 60601,

United States

312-540-9594

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Latest Anova Financial Networks News

09:37 EDT Anova Financial Networks Activates Wireless Services on 10GBPS Backbone Between Mahwah Direct to NY4

Jul 27, 2022

News provided by Share this article Share this article Legacy networks were built direct to NY5 but increased customer demand led to expansion into a "dual-endpoint" configuration CHICAGO, July 27, 2022 /PRNewswire/ -- Anova Financial Networks , an international carrier and market data provider, announced today that it now delivers its proprietary wireless platform from Mahwah, New Jersey direct to NY4 located at 755 Secaucus, New Jersey. This corridor interconnects leading financial services and trading ecosystems and is of critical importance for U.S. equity price liquidity and discovery. This new network to NY4 is in addition to its current wireless services direct to NY5 in Secaucus. Anova's additional route means that NY4 customers can utilize optimized market data and private bandwidth services without the intercampus cross connect from NY5 to NY4, as per the original design. Financial firms will access the newly deployed path from Mahwah to NY4 over Anova's proprietary 10Gbps wireless backbone that blankets the New Jersey Equity Triangle. Anova's patented Self-Healing technology will also be available, ensuring a fully protected service for customers across all weather conditions. "The wireless landscape is ever-evolving. Yesterday's deployments always require upgrading, tuning and re-investment," said Mike Persico, Founder and CEO of Anova Financial Networks. "That's what this addition of NY4 does; it takes a core product and expands its reach to a 'sister destination', complete with all of the features and benefits of the original. What we're most pleased about was our ability to leverage the backbone yet still go direct to NY4. This route is in keeping with Anova's mantra of building geodetically-optimized networks for maximum client benefit." Nationally, Anova is in the midst of a network-wide shift from its legacy 1G platform into their proprietary 10Gbps radios. Boasting the highest capacity and longest transmission range of any low-latency radio, Anova has begun this technology refresh across all mid-point and endpoint nodes. This includes its core routes connecting Mahwah and Carteret, as well as Aurora and Cermak in Illinois. Kieran Athy, CTO of Anova Financial Networks, added "For over twelve years, Team Anova has been focused on leveraging our experience and expertise to deploy next generation technology today. Upgrading to a 10Gbps backbone on our wireless networks is an example of the creative vision that is the foundation and future of Anova. Our passion and creativity to address the market challenges is what drives our success." For more information about Anova Financial Networks, please call 516-567-6383, email [email protected]  or visit   www.anovanetworks.com . About Anova Financial Networks Anova Financial Networks is the only global carrier that offers wireless and fiber connectivity, as well as market data distribution across all asset classes. Anova's innovative proprietary technologies and client-centric approach enable the company to deliver secure and reliable solutions for banks, trading firms and exchanges worldwide. To learn more, visit   www.anovanetworks.com and follow Anova on   LinkedIn and Twitter   @AnovaNetworks . Media Contact:

Anova Financial Networks Portfolio Exits

1 Portfolio Exit

Anova Financial Networks has 1 portfolio exit. Their latest portfolio exit was Next Century Spirits on October 18, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/18/2018

Spinoff / Spinout

Next Century Spirits

$99M

1

Date

10/18/2018

Exit

Spinoff / Spinout

Companies

Next Century Spirits

Valuation

$99M

Acquirer

Sources

1

Anova Financial Networks Acquisitions

1 Acquisition

Anova Financial Networks acquired 1 company. Their latest acquisition was AOptix Technologies - AOptix ULL3000 Ultra Low Latency Division on February 08, 2016.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/8/2016

$99M

Acquired Unit

1

Date

2/8/2016

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired Unit

Sources

1

Anova Financial Networks Partners & Customers

6 Partners and customers

Anova Financial Networks has 6 strategic partners and customers. Anova Financial Networks recently partnered with Seaborn Networks on October 10, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

10/24/2019

Partner

United States

Seaborn Networks and Anova Financial Networks Partner to Provide the Fastest Path to Trade Between Chicago, USA and São Paulo, Brazil - Anova Financial Networks

Boston , USA -- October 24 , 2019 -- Seaborn Networks , a leading developer-owner-operator of transoceanic subsea fiber optic cable systems , and Anova Financial Networks , an international carrier and market data provider , announced today the formation of a strategic alliance to provide the first ultra-low latency fiber connection between the financial centers of São Paulo , Brazil and Chicago , USA .

1

7/16/2019

Partner

France

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10

10/16/2018

Partner

United Kingdom

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10

6/3/2015

Partner

United States

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10

2/21/2013

Partner

United States

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10

Date

10/24/2019

7/16/2019

10/16/2018

6/3/2015

2/21/2013

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

France

United Kingdom

United States

United States

News Snippet

Seaborn Networks and Anova Financial Networks Partner to Provide the Fastest Path to Trade Between Chicago, USA and São Paulo, Brazil - Anova Financial Networks

Boston , USA -- October 24 , 2019 -- Seaborn Networks , a leading developer-owner-operator of transoceanic subsea fiber optic cable systems , and Anova Financial Networks , an international carrier and market data provider , announced today the formation of a strategic alliance to provide the first ultra-low latency fiber connection between the financial centers of São Paulo , Brazil and Chicago , USA .

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Sources

1

10

10

10

10

Anova Financial Networks Team

1 Team Member

Anova Financial Networks has 1 team member, including current Founder, Chief Executive Officer, Michael Persico.

Name

Work History

Title

Status

Michael Persico

Founder, Chief Executive Officer

Current

Name

Michael Persico

Work History

Title

Founder, Chief Executive Officer

Status

Current

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