
Investments
47Portfolio Exits
18Partners & Customers
10Service Providers
3About Verizon
Verizon (NYSE, NASDAQ: VZ), delivers broadband and other wireless and wireline communications services to consumer, business, government, and wholesale customers. Verizon Wireless operates a wireless network within the United States. Verizon also provides converged communications, information, and entertainment services over a fiber-optic network, and delivers integrated business solutions to customers multiple countries.

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Expert Collections containing Verizon
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Verizon in 4 Expert Collections, including Fortune 500 Investor list.
Fortune 500 Investor list
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This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
The Edge Computing Landscape
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Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy
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Metaverse
163 items
Companies in this collection map to our metaverse market map, published on 4/13/2022. Read the full metaverse report here: https://app.cbinsights.com/research/metaverse-market-map/
Research containing Verizon
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Verizon in 1 CB Insights research brief, most recently on Aug 16, 2021.
Latest Verizon News
May 26, 2023
Trends, Opportunity, and Forecast, 2018-2028F" - https://www.reportlinker.com/p06458739/?utm_source=GNW Global Commercial Telematics market was estimated at USD 37.44 billion in 2018, and by the end of the forecasted period through 2028, it is anticipated to grow to around USD 150.43. The factors propelling the demand for telematics in commercial vehicles across various countries in the globe is that with the help of telematics, companies can improve operational efficiency for fleet management. In commercial vehicles, telematics involves a combination of information technology and telecommunication which helps to track the movements and location of the commercial vehicles easily. In Europe, around 8.1 million units of telematics were installed in commercial vehicles, and it is expected that 15.04 million units of telematics will get installed in commercial vehicles in the European market in the forecasted year 2028F. Nowadays, many commercial vehicle manufacturers are focusing on involving telematics in commercial vehicles, as many e-commerce companies prefer to have commercial vehicles for the delivery of goods, and having telematics in the vehicle helps to track the route and estimate the time of delivery and other status checks. Tracking Of Vehicles in Real Time The customers can check their vehicle’s location in real-time owing to the telematics that has been installed in the vehicles.This makes it possible to give drivers the best route while escaping accidents, delays, and traffic jams. By selecting the closest vehicle to the customer’s location, one may also speed up response times and provide efficient service.Businesses that deliver goods can provide shareable tracking links, so they can track real-time delivery. Consumers can now get prepared for delivery in advance. This help with unnecessary returns and delays and brings more efficiency. Reduce In Consumption of Fuels For any company that relies on transportation, fuel is one of the biggest expenses.These costs can be reduced with the aid of GPS vehicle tracking and telematics. Monitoring various Driver Behavior data, such as rapid acceleration, pausing, use of equipment (air conditioning, etc. ), and miles per gallon, is made easier by this. With access to this information, company owners can find drivers who need to enhance their performance with less fuel. Telematics helps to find the right route for the drivers; this helps to increase the efficiency of driving and reduces the consumption of fuel. Adoption of 5G connectivity to create market opportunities Various telematics companies are using the 5G technology for commercial vehicles to enhance the internet connectivity solution.With the adoption of the 5G technology in telematics, there will be growth in the market as it will provide information to pass in a very shorter time along with accuracy. Commercial vehicle manufacturers are focusing on using 5G for better services, and it will increase the advancement and popularity of commercial vehicles in the market in various countries across the globe in the coming years. Cost Cutting in Sensor is Expected in the Adoption of Telematics The price of the automotive sensor, which is used in telematics, is lower in the current year compared to the past few years; due to this, telematics devices are more adopted this year when compared to the previous year.Commercial vehicle manufacturers are adopting telematics devices at a higher rate to install in trucks and in other commercial fleets across various countries. It is anticipated that in the coming years, the adoption of telematics devices will increase in commercial vehicles. Telematics Can Enhance the Safety of The Driver Telematics helps the drivers by heightening their awareness of their own driving behavior; telematics also helps to track down the drivers while they are driving.Considering that drivers are being watched, drivers will not make any unnecessary mistakes like texting, eating while driving, etc. Drivers are needed to be careful while driving, maintain a safer speed, keeping a proper distance from the front vehicles. Market Segmentation The global commercial telematics market is segmented based on solution, application, end-user, region, and competitional landscape.Based on the solution, the market is further fragmented into OEM and Aftermarket. Based on application, the market is segmented into solutions and services.In terms of end-user, the market is divided into Transport and Logistics, Insurers, Healthcare, Media & Entertainment, Vehicle Manufactures/dealers, and Government Agencies. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Europe & CIS, Asia-Pacific, North America, South America, and Middle East & Africa. Company Profiles THE AirIQ Inc, TomTom Telematics BV, Trimble Inc., WirelessCar AB, Verizon Communications Inc, OCTO Telematics S.p.A, Geotab Inc, Mix Telematics International (Pty) Ltd, Google Inc, Omnitracs LLC, are among the major market players in the global platform that lead the market growth of the global commercial telematics market. Report Scope: In this report, the global commercial telematics market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below: • Global Commercial Telematics Market, By Solution: o OEM
Verizon Investments
47 Investments
Verizon has made 47 investments. Their latest investment was in Skyward as part of their Dead on May 5, 2022.

Verizon Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/6/2022 | Dead | Skyward | Yes | 1 | ||
4/18/2022 | Corporate Minority - P2P | Casa Systems | $40M | Yes | 1 | |
12/13/2021 | Grant | Heart of America | $10M | Yes | 1 | |
9/16/2021 | Grant - II | |||||
1/1/2019 | Grant |
Verizon Portfolio Exits
18 Portfolio Exits
Verizon has 18 portfolio exits. Their latest portfolio exit was TinyTap on June 16, 2022.
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 |
---|---|---|---|---|---|
6/16/2022 | Corporate Majority | 1 | |||
3/8/2022 | Acquired - II | 2 | |||
7/19/2021 | Reverse Merger | 7 | |||
Date | 6/16/2022 | 3/8/2022 | 7/19/2021 | ||
---|---|---|---|---|---|
Exit | Corporate Majority | Acquired - II | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 | 7 |
Verizon Acquisitions
43 Acquisitions
Verizon acquired 43 companies. Their latest acquisition was Senion on June 21, 2021.
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 |
---|---|---|---|---|---|---|
6/21/2021 | Seed / Angel | $1.8M | Acquired | 8 | ||
3/12/2021 | Acquired | 1 | ||||
2/16/2021 | Acquired | 5 | ||||
10/19/2020 | ||||||
10/19/2020 |
Date | 6/21/2021 | 3/12/2021 | 2/16/2021 | 10/19/2020 | 10/19/2020 |
---|---|---|---|---|---|
Investment Stage | Seed / Angel | ||||
Companies | |||||
Valuation | |||||
Total Funding | $1.8M | ||||
Note | Acquired | Acquired | Acquired | ||
Sources | 8 | 1 | 5 |
Verizon Partners & Customers
10 Partners and customers
Verizon has 10 strategic partners and customers. Verizon recently partnered with ESPN, and National Hockey League on May 5, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/11/2023 | Partner | United States | The games showcase the breadth of Verizon 's leading technology solutions and network superiority , ESPN 's groundbreaking sports media innovation , and the power of partnerships to deliver innovative fan experiences . | 1 | |
5/10/2023 | Vendor | United States | Verizon taps into towers profits with Vertical Bridge deal US operator Verizon has inked a towers build-out deal with Vertical Bridge that will enable it to expand its mobile networks and to make some money from the growing passive infrastructure market . | 1 | |
5/9/2023 | Partner | United States | 2 | ||
4/18/2023 | Client | ||||
3/30/2023 | Client |
Date | 5/11/2023 | 5/10/2023 | 5/9/2023 | 4/18/2023 | 3/30/2023 |
---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Client | Client |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | The games showcase the breadth of Verizon 's leading technology solutions and network superiority , ESPN 's groundbreaking sports media innovation , and the power of partnerships to deliver innovative fan experiences . | Verizon taps into towers profits with Vertical Bridge deal US operator Verizon has inked a towers build-out deal with Vertical Bridge that will enable it to expand its mobile networks and to make some money from the growing passive infrastructure market . | |||
Sources | 1 | 1 | 2 |
Verizon Service Providers
5 Service Providers
Verizon has 5 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acq - P2P, and Acquired | Investment Bank | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Acq - P2P, and Acquired | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Verizon Team
73 Team Members
Verizon has 73 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Kevin DeNuccio | MetaSwitch, Redback Networks, and Cisco | Founder | Current |
Name | Kevin DeNuccio | ||||
---|---|---|---|---|---|
Work History | MetaSwitch, Redback Networks, and Cisco | ||||
Title | Founder | ||||
Status | Current |
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