Nortel Networks
Investments
34Portfolio Exits
18Partners & Customers
10
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Latest Nortel Networks News
Aug 1, 2023
Sangoma Technologies (NASDAQ: SANG ) appoints Charles Salameh as the company's new CEO and member of the Board of Directors, effective September 1, 2023. Charles has held senior leadership positions at Bell Canada, Nortel Networks, HP and DXC. His most recent role was at Infosys where, as Global Head of Account Expansion, he was responsible for driving revenue growth and expansion across its nearly $18.2B dollar book of business, based on Infosys’ FY 23 reported revenue. Recommended For You
Nortel Networks Investments
34 Investments
Nortel Networks has made 34 investments. Their latest investment was in Tango Networks as part of their Series A on February 2, 2007.
Nortel Networks Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/5/2007 | Series A | Tango Networks | $25M | Yes | ||
9/14/2006 | Unattributed VC | NETtel Communications | $210M | Yes | ||
8/7/2006 | Series D | Trapeze Networks | $30M | No | ||
4/20/2005 | Series C | |||||
5/7/2004 | Series D |
Date | 2/5/2007 | 9/14/2006 | 8/7/2006 | 4/20/2005 | 5/7/2004 |
|---|---|---|---|---|---|
Round | Series A | Unattributed VC | Series D | Series C | Series D |
Company | Tango Networks | NETtel Communications | Trapeze Networks | ||
Amount | $25M | $210M | $30M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources |
Nortel Networks Portfolio Exits
18 Portfolio Exits
Nortel Networks has 18 portfolio exits. Their latest portfolio exit was Trapeze Networks on November 22, 2010.
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 |
|---|---|---|---|---|---|
11/22/2010 | Acquired | ||||
3/20/2010 | Divestiture | Nortel Networks - Metro Ethernet Networks Business | 1 | ||
8/18/2009 | Asset Sale | ||||
Date | 11/22/2010 | 3/20/2010 | 8/18/2009 | ||
|---|---|---|---|---|---|
Exit | Acquired | Divestiture | Asset Sale | ||
Companies | Nortel Networks - Metro Ethernet Networks Business | ||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Nortel Networks Acquisitions
12 Acquisitions
Nortel Networks acquired 12 companies. Their latest acquisition was Tasman Networks on February 17, 2006.
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 |
|---|---|---|---|---|---|---|
2/17/2006 | Other Venture Capital | $99.4M | Acquired | |||
10/13/2000 | Series B | $22.7M | Acquired | |||
10/11/2000 | Other Venture Capital | $58.39M | Acq - P2P | |||
6/16/2000 | Series B | |||||
3/16/2000 | Series C |
Date | 2/17/2006 | 10/13/2000 | 10/11/2000 | 6/16/2000 | 3/16/2000 |
|---|---|---|---|---|---|
Investment Stage | Other Venture Capital | Series B | Other Venture Capital | Series B | Series C |
Companies | |||||
Valuation | |||||
Total Funding | $99.4M | $22.7M | $58.39M | ||
Note | Acquired | Acquired | Acq - P2P | ||
Sources |
Nortel Networks Partners & Customers
10 Partners and customers
Nortel Networks has 10 strategic partners and customers. Nortel Networks recently partnered with Windstream on September 9, 2010.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/30/2010 | Partner | United States | Windstream had a decades-old relationship with Nortel dating to the installation of the first digital call-and-data switching equipment that transformed telecommunication services in the United States - and that strong relationship is continuing with Avaya . | 1 | |
2/3/2010 | Partner | United States | 2 | ||
10/29/2008 | Client | United States | FairPoint Communications has selected Nortel Networks s WiMAX network solution as one of the access platforms it will use to bring high-speed Internet to communities in Vermont , New Hampshire and Maine . | 1 | |
3/1/2008 | Partner | ||||
2/11/2008 | Vendor |
Date | 9/30/2010 | 2/3/2010 | 10/29/2008 | 3/1/2008 | 2/11/2008 |
|---|---|---|---|---|---|
Type | Partner | Partner | Client | Partner | Vendor |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Windstream had a decades-old relationship with Nortel dating to the installation of the first digital call-and-data switching equipment that transformed telecommunication services in the United States - and that strong relationship is continuing with Avaya . | FairPoint Communications has selected Nortel Networks s WiMAX network solution as one of the access platforms it will use to bring high-speed Internet to communities in Vermont , New Hampshire and Maine . | |||
Sources | 1 | 2 | 1 |
Nortel Networks Team
33 Team Members
Nortel Networks has 33 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
David McCool | Muzzy Lane Software, and Shiva Corporation | Founder | Former |
Name | David McCool | ||||
|---|---|---|---|---|---|
Work History | Muzzy Lane Software, and Shiva Corporation | ||||
Title | Founder | ||||
Status | Former |
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