With 5G touted as the next incremental innovation in the sector, companies that can enable 5G commercialization raised $275M in 2016.

2. Telecom Infrastructure – December 2016
Tracxn
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2

3. Telecom Infrastructure – December 20163
Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 11
Who is Investing 20
Exit Outlook - IPO, Acquisitions 24
Sub Sector Analysis 28
Interesting Companies 76
Useful Links 87
Company List 90
Team 227

4. Telecom Infrastructure – December 20164
Sector Overview
Scope of report
We have structured the Telecom industry on the basis of the value chain. This report covers the infrastructure segment of the value
chain (infrastructure -> OSS/BSS & operations & maintenance -> operators). It covers companies that provide hardware and software
that is used in the transmission and optimization of the signal across the various segments of the telecom infrastructure (RAN, Network,
Transport), companies which own the network (sub-sea cables, fiber, IP) and provide wholesale services (interconnection) to the service
providers, telecom towers, and SIM providers covering emerging technologies like Soft SIM.
Being a matured industry, telecom sees incremental technological evolution in every 10 years (2G -> 3G -> 4G/LTE -> 5G). Wireless
infrastructure market is expected to slightly decline (CAGR 1%) over the next 2-3 years before 5G investments start to kick-in. But we do
see some exciting segments which are witnessing higher spending - Small Cell, DAS (distributed antenna system), and carrier Wi-Fi (Wi-Fi
offloading). 5G should bring the next growth phase in the industry and is expected to commercialize by 2020. In this report, we also
cover enabling technologies that are expected to help in meeting 5G objectives, including SON (Self-Organized Network), MEC (Mobile
Edge Computing), SDN (Software Defined Networking), and NFV (Network Function Virtualization).
The report doesn't cover companies that provide semiconductors, content delivery network, content management, end user equipment
(boosters, modems, phones), VAS (value-added services), defense communication, resellers, distributors , marketplaces. Also excludes
companies that provide OSS/BSS solutions (network management, monitoring, customer management, product management), testing
equipment, system integrators, and telecom operators (cellular, fixed-line, Wi-Fi hotspots, MVNOs).
The scope of this report includes equity as well as debt funding received by the companies.
Disclaimer: The information and data in the report is based on global developments tracked in the sector till November 21, 2016. This is to
categorically state that any events and relevant developments after the said date will not reflect in the report.

5. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5

6. Telecom Infrastructure – December 2016
39 38 37
31
53
42
0
12
24
36
48
60
2010 2011 2012 2013 2014 2015/16
NumberofCompanies
6
YoY – Number of companies founded
Affirmed Networks Altiostar Viptela Africa Mobile Networks Vertical Bridge
Big Switch Networks Capella Photonics Gainspeed Luminate Wireless Apollo Towers
wOnefone Voip-Pal
Brain4Net Uniti Fiber

7. Telecom Infrastructure – December 20167
Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
8 Jan-2009 7 Software > MEC $209M qwilt.com
Qwilt
2010, Hod Hasharon
7 Nov-2007 5 Equipment > C-RAN $363M spidercloud.com
SpiderCloud
2007, San Jose
22 May-2006 16 Software > SON $169M cellwize.com
Cellwize
2012, Tel Aviv
17 Jun-2003 16 Software > Spectrum Efficiency $236M kumunetworks.com
Kumu Networks
2011, Sunnyvale
11 Jul-2002 11 Equipment > Small Cell $547M ipaccess.com
ip.access
1999, Cambridge
9 Feb-1997 6 Equipment > Antenna > DAS $186M mobileaccess.com
MobileAccess Networks
1997, Lod

8. Telecom Infrastructure – December 20168
Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
60 May-2010 47 SDN $1.2B tibitcommunications.com
Tibit Communications
2014, Petaluma
1 Jan-2015 1 SDN > OS $2M
Zeetta
2015, Bristol
3 Jan-2014 3 SDN > IXP $57M
IIX
2011, Santa Clara
10 Apr-2012 7 SDN > Controller $231M
Big Switch Networks
2010, Mountain View
9 Oct-2010 7 SDN > Network Management $192M
Sedona Systems
2014, Ra’anana

9. Telecom Infrastructure – December 20169
Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
6 Apr-2010 6 SDN > Switch $128M
Plexxi
2010, Cambridge
18 Jun-2009 13 SDN > Network-as-a-Service $159M
Virtela Communications
2000, Greenwood Village
8 Feb-2009 7 SDN > SD-WAN $372M
Viptela
2012, San Jose
2 Jan-2007 1 SDN > SDR $7M
Xetawave
2010, Boulder
15 Apr-2009 12 NFV $348M affirmednetworks.com
Affirmed Networks
2010, Middlesex

10. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
10

11. Telecom Infrastructure – December 201611
YoY – Number of Rounds and Total Funding
Note: The funding excludes debt and post IPO rounds.
$1.4B
$1.3B
$0.9B $0.8B
$1.1B
$1.0B
$2.2B
$1.3B
$0.5B
70
86
85
71 71
73
59
66
39
0
20
40
60
80
100
0.0
0.5
1.0
1.5
2.0
2.5
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inBillions)
Funding Amount Number of Rounds

12. Telecom Infrastructure – December 201612
YoY – Number of Rounds by Stage
7
11 9
15
8 8
34 27 33
29
30
14
30
28
29
15 28
15
0
16
32
48
64
80
2011 2012 2013 2014 2015 2016
NumberofRounds
Seed Early Late

13. Telecom Infrastructure – December 201613
Average Ticket Size – Early Stage
$4.6M
$9.8M $6.5M $6.7M $6.9M
$6.9M
$107.1M
$89.7M
$102.5M
$96.9M
$63.7M
$36.5M
$137.7M
$98.3M
$147.8M
$163.2M
$258.8M
$34.0M
0.0
50.0
100.0
150.0
200.0
250.0
300.0
2011 2012 2013 2014 2015 2016
FundingAmount(inMillions)
Seed Series A Series B

14. Telecom Infrastructure – December 201614
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
Wireless Infrastructure
Group
$97M PE Apr-2016 3i Infrastructure
viptela.com
Viptela
(San Jose, 2012)
$75M Series C May-2016 Sequoia Capital, Redline Capital, Northgate
comsol.co.za
Comsol
(Midrand, 1997)
$33M PE Jun-2016 Convergence Partners, Nedbank, Industrial Development Corporation of SA Ltd. (IDC)
Big Switch Networks $49M Series C Jan-2016 Index Ventures, Khosla Ventures, Redpoint Ventures & others
Altiostar $30M Series E Sep-2016
velocloud.com
VeloCloud
(Mountain View, 2012)
$27M Series C Jan-2016 March Capital Partners, Cisco Investments, NEA, Venrock
Kumu Networks $25M Series C Jan-2016 Cisco, Verizon Ventures, Deutsche Telekom & others
Midokura $20M Series B Jun-2016 Simplex, Innovation Network, Corporation of Japan

15. Telecom Infrastructure – December 201615
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
Vasona Networks $15M Series C Apr-2016 New Venture Partners , Bessemer Venture Partners
Sedona Systems $14M Series B Aug-2016 Intel Capital, Bessemer Venture Partner
Tibit Communications $14M Series A Sep-2016
KNL Networks $10M Series A Oct-2016 Creandum, Butterfly Ventures
Calient $6M Series G Aug-2016
M87 $5M Series B Nov-2016 Moadrona Venture Group, Qualcomm Ventures, Triology Equity Partners
Saguna $5M Series A May-2016 CEIIF
Alef Mobitech $5M Series A Jan-2016 Tata Capital

16. Telecom Infrastructure – December 201616
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
Simulity $4M Series A Nov-2016 Foresight Group
Tilson Tech $3M Series C Sep-2016
Accelleran $3M Series A Apr-2016 Capital-E Partners, Ark Angels Activator Fund
Anova Data $3M Series C Mar-2016
Airwavz Solutions $2M Series A Oct-2016
Brain4Net $2M Series A Mar-2016 Rostelecom, LETA Capital
Actelis $2M Series F Feb-2016
Zeetta $2M Series A Jan-2016 IP Group, Reply
iBus Networks $2M Series A Jan-2016

17. Telecom Infrastructure – December 201617
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
Air-Lynx $2M Seed Jan-2016 Innovacom
CAILabs
(Rennes, 2013)
$1M Seed Jul-2016 Starquest Capital
Nivetti Systems $1M Seed May-2016 Infosys
Wytec International $1M Series A Apr-2016
CAILabs
(Rennes, 2013)
$1M Seed Feb-2016 Innovacom, Paris Business Angels, Kima Ventures
Insite Wireless Undisclosed Series B Aug-2016 Macquarie Group

18. Telecom Infrastructure – December 201618
Funnel view of Sector
Percent of
Previous
76%
75%
50%
429
204
290
584
774
1025
0 240 480 720 960 1200
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies

19. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
19

20. Telecom Infrastructure – December 201620
Most Active Investors in Sector
30
26
21
18
17 17 17
15 15
12
0
7
14
21
28
35
Western
Technology
Investment
NEA Intel Capital Accel Partners Bessemer
Venture Partners
Oak Investment
Partners
Saints Capital Goldman Sachs Matrix Partners North Bridge
Venture Partners
TotalNumberofRounds
Polaris Networks
Quantum Bridge
Communications
Engana
NextG
Networks
Qwilt NextG Networks
OnFiber
Communications
Nuera
Communications
Plexxi Plexxi
Rapid5
Networks
Pluribus
Networks
Genband QMC Telecom
Ocular
Networks
Qtera Radisys
Ellacoya
Networks
Convergent
Networks
Convergent
Networks

21. Telecom Infrastructure – December 201621
Where are Top Investors investing

22. Telecom Infrastructure – December 201622
Top Investor by Stage of Entry

23. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
23

24. Telecom Infrastructure – December 201624
Top IPOs in last three years
IPO Date Company Overview
Funding
Amount
Mcap at IPO
Exch:Ticker
Apr-2016 angel-telecom.com
Angel Telecom
(Baar, 2004)
Wholesale VOIP carrier VIE:AGLT
Sep-2015 nuranwireless.com
NuRAN Wireless
(Quebec City, 2013)
Low cost RAN and backhaul solutions for rural areas NUR:CN
Nov-2015 xtera.com
Xtera
(Allen, 1998)
Optical and IP networking solutions
NEA, InterWest Partners, VantagePoint Capital Partners, Saints Capital, Star
Ventures, EDF Ventures, Sevin Rosen Funds, Rho Ventures, ComVentures,
Wellcome Trust, ARCH Venture Partners, Newbury Ventures, Trellis Partners,
CenterPoint Ventures, KLM Capital Group, Berkeley International, Berkeley VC
International, CenterPoint Ventures, Pharus Capital Management, KLM Capital
Group, hookandpartners.co.uk, startventures.ca
$284.3M OTCMKTS:XCOMQ
May-2015 cellnextelecom.com
Cellnex Telecom
(Barcelona, 2000)
Wireless telecom infrastructure
Harbourvest Partners BME:CLNX
Jun-2014 arista.com
Arista
(Santa Clara, 2005)
Software driven Cloud networking solutions
Accel Partners, Greylock Partners, Summit Partners, Index Ventures, Khosla
Ventures, Rho Ventures, Singtel Innov8, HighGearVentures
NYSE:ANET
Jan-2014 cityfibre.com
CityFibre
(London, 2011)
Wholesale fiber network infrastructure provider LON:CITY

25. Telecom Infrastructure – December 201625
Major Acquisitions in last one year

26. Telecom Infrastructure – December 201626
Major Acquisitions in last one year

27. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
27

28. Telecom Infrastructure – December 201628
1000+ companies in the sector, 240 companies funded in last 5 years, $525M invested in 2016
December 2016Tracxn BlueBox : Telecom Infrastructure

29. Telecom Infrastructure – December 201629
RAN – Business Model Description

30. Telecom Infrastructure – December 201630
RAN – Entrepreneur Activity and Investment
Trend

31. Telecom Infrastructure – December 201631
Top Business Models by Funding
$1.6B
$1.1B
$647M
0
360
720
1080
1440
1800
Equipment Infrastructure Software
TotalFundingAmount(inMillions)
Avg. Age Jan-98 Jan-06 Jul-05
# Cos. 81 12 50
Airspan NextG Networks Actix
Altiostar ExteNet Systems Qwilt

32. Telecom Infrastructure – December 201632
RAN – Most Funded Companies

33. Telecom Infrastructure – December 201633
RAN > Equipment – Business Model Description

34. Telecom Infrastructure – December 201634
RAN > Equipment – Entrepreneur Activity and
Investment Trend

35. Telecom Infrastructure – December 201635
RAN > Equipment – Most Funded Companies

36. Telecom Infrastructure – December 201636
RAN > Infrastructure – Business Model Description
& Entrepreneur Activity and Investment Trend

37. Telecom Infrastructure – December 201637
RAN > Infrastructure – Most Funded Companies

38. Telecom Infrastructure – December 201638
RAN > Software – Business Model Description

39. Telecom Infrastructure – December 201639
RAN > Software – Entrepreneur Activity and
Investment Trend

40. Telecom Infrastructure – December 201640
RAN > Software – Most Funded Companies

41. Telecom Infrastructure – December 201641
Network – Business Model Description

42. Telecom Infrastructure – December 201642
Network – Entrepreneur Activity and Investment
Trend

43. Telecom Infrastructure – December 201643
Top Business Models by Funding
$6.3B
$2.5B
$2.2B
$1.2B
$0.3B
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
Equipment Wholesale Carrier Software SDN NFV
TotalFundingAmount(inBillions)
Avg. Age Feb-90 Nov-01 Sep-01 May-10 Apr-09
# Cos. 254 171 110 60 15
Zhone Technologies Zayo Group Genband Viptela Affirmed Networks
Calient West Corporation Taqua Virtela Communications Midokura

44. Telecom Infrastructure – December 201644
Network – Most Funded Companies

45. Telecom Infrastructure – December 201645
Network > Equipment – Business Model
Description

46. Telecom Infrastructure – December 201646
Network > Equipment – Entrepreneur Activity and
Investment Trend

47. Telecom Infrastructure – December 201647
Network > Equipment – Most Funded Companies

48. Telecom Infrastructure – December 201648
Network > Wholesale Carrier – Business Model
Description

49. Telecom Infrastructure – December 201649
Network > Wholesale Carrier – Entrepreneur
Activity and Investment Trend

50. Telecom Infrastructure – December 201650
Network > Wholesale Carrier – Most Funded
Companies

51. Telecom Infrastructure – December 201651
Network > Software – Business Model Description

52. Telecom Infrastructure – December 201652
Network > Software – Entrepreneur Activity and
Investment Trend

53. Telecom Infrastructure – December 201653
Network > Software – Most Funded Companies

54. Telecom Infrastructure – December 201654
Network > SDN – Business Model Description

55. Telecom Infrastructure – December 201655
Network > SDN – Entrepreneur Activity and
Investment Trend

56. Telecom Infrastructure – December 201656
Network > SDN – Most Funded Companies

57. Telecom Infrastructure – December 201657
Network > NFV – Business Model Description &
Entrepreneur Activity and Investment Trend

58. Telecom Infrastructure – December 201658
Network > NFV – Most Funded Companies

59. Telecom Infrastructure – December 201659
Transport – Business Model Description

60. Telecom Infrastructure – December 201660
Transport – Entrepreneur Activity and Investment
Trend

61. Telecom Infrastructure – December 201661
Top Business Models by Funding
$3.6B
$483M
0
800
1600
2400
3200
4000
Equipment Software
TotalFundingAmount(inMillions)
Avg. Age Feb-99 Jan-03
# Cos. 121 30
FiberTower Ellacoya Networks
Navini Networks Seven Networks

62. Telecom Infrastructure – December 201662
Transport – Most Funded Companies

63. Telecom Infrastructure – December 201663
Transport > Equipment – Business Model
Description

64. Telecom Infrastructure – December 201664
Transport > Equipment – Entrepreneur Activity
and Investment Trend

65. Telecom Infrastructure – December 201665
Transport > Equipment – Most Funded Companies

66. Telecom Infrastructure – December 201666
Transport > Software – Business Model
Description

67. Telecom Infrastructure – December 201667
Transport > Software – Entrepreneur Activity and
Investment Trend

68. Telecom Infrastructure – December 201668
Transport > Software – Most Funded Companies

69. Telecom Infrastructure – December 201669
Tower – Entrepreneur Activity and Investment
Trend

70. Telecom Infrastructure – December 201670
Tower – Most Funded Companies

71. Telecom Infrastructure – December 201671
SIM Providers – Business Model Description

72. Telecom Infrastructure – December 201672
Top Business Models by Funding
$67M
$7M
$0.4M
0
16
32
48
64
80
Soft SIM Removable SIM Software Embedded SIM
TotalFundingAmount(inMillions)
Avg. Age Jan-09 Sep-93 Jun-92 Jun-10
# Cos. 20 14 2 2
wOnefone Fogg Mobile Movenda
Skyroam Gemalto Aspects Software
Cellnetrix
Sensorise Digital services Pvt Ltd

73. Telecom Infrastructure – December 201673
SIM Providers – Most Funded Companies

74. Telecom Infrastructure – December 201674
Suite – Business Model Description & Most Funded
Companies

75. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
75

76. Telecom Infrastructure – December 201676
Interesting Early Stage Funded Companies
Curated list of companies by the sector analyst are defined as Interesting
Company Overview Business Model
Total
Funding
Cellwize
(2012, Israel)
Self Organizing Network solution provider
Viola Group, Vintage Investment Partners
RAN > SON
$14.5M
(+ $10M Debt)
Parallel Wireless
(2012, Nashua)
Virtual gateway, small cells, and cloud RAN solutions provider RAN > C-RAN ($1.8M Debt)

77. Telecom Infrastructure – December 201677
Interesting Series B Companies

78. Telecom Infrastructure – December 201678
Interesting Series B Companies

79. Telecom Infrastructure – December 201679
Interesting Late Stage Companies

80. Telecom Infrastructure – December 201680
Interesting Late Stage Companies

81. Telecom Infrastructure – December 201681
Interesting Late Stage Companies

82. Telecom Infrastructure – December 201682
Top Funded Deadpooled Companies

83. Telecom Infrastructure – December 201683
Top Funded Deadpooled Companies

84. Telecom Infrastructure – December 201684
Top Funded Deadpooled Companies

85. Telecom Infrastructure – December 201685
Top Funded Deadpooled Companies

86. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
86

87. Telecom Infrastructure – December 201687
Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
IPOs in Telecom Infrastructure Exit Outlook - IPO, Acquisitions Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link

88. Telecom Infrastructure – December 201688

89. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
89

90. Telecom Infrastructure – December 201690
Telecom Infrastructure – Company List
Network Tower Transport RAN Suite SIM Providers
774 FUNDED COMPANIES AND 250 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS

91. Telecom Infrastructure – December 201691
Network (1/78)
Company Overview Business Model Total Funding
2Wire
(1998, San Jose)
Network equipment provider
Accel Partners, Venrock, GGV Capital, Meritech Capital, Technology
Crossover Ventures, DCM Ventures, Dell Ventures, Invesco, Weber
Capital Management, Lake Street Capital, Oak Investment Partners,
Stratim Capital
Equipment $200M
Hatteras Networks
(2000, Durham)
Ethernet Over Copper
Bessemer Venture Partners, Globespan Capital Partners, Columbia
Capital, Grotech Ventures, ComVentures
Equipment $118.63M
Casa Systems
(2003, Andover)
Cable and mobile edge devices to operators
Summit Partners, SeaChange Equipment $107.81M
Alphion
(2000, Princeton Junction)
Optical networking solutions
Goldman Sachs, Battery Ventures, Tallwood Venture Capital, Axiom
Venture Partners, Narra Venture Capital, ICCP Venture Partners,
Cypress Semiconductor, Aditya Birla Private Equity, Velocity Financial
Equipment $62.88M
Convergent Networks
(1998, Billerica)
Broadband voice infrastructure gateways
Battery Ventures, Matrix Partners, North Bridge Venture Partners,
VantagePoint Capital Partners, Saints Capital, Worldview Technology
Partners
Equipment $57M
Zeugma Systems
(2004, Richmond)
Edge of network equipment supplier
BDC Capital, Granite Ventures, GrowthWorks, Yaletown Partners,
Ventures West Capital, BC Advantage Funds, Vertex Ventures
Equipment $50M
Sonus
(1997, Westford)
SBCs and network equipment providers
Bessemer Venture Partners, Charles River Ventures, Matrix Partners,
North Bridge Venture Partners, KTB Ventures, Mitsubishi, North Bridge,
Williams Communications, Samsung Venture Investment, Global
Capital, Bedrock Group
Equipment $46M
Go to BM List >> Tower

92. Telecom Infrastructure – December 201692
Network (2/78)
Company Overview Business Model Total Funding
Bay Microsystems
(1998, San Jose)
Internetwoking Products for Optical and packet switching
Selby Ventures, In-Q-Tel, W Capital Partners, Saints Capital, Thomas
Weisel Venture Partners, Alliance Technology Ventures, Quicksilver
Ventures, Needham Capital Partners, Pacifica Fund, Alliance Venture,
Crossbridge Capital, Franklin Park, Glenbrook Consumer, In-Q-Tel,
Panasonic Venture Group
Equipment $34.4M
NewPort Communications
(1996, Irvine)
Routing solutions on semiconductor
Bessemer Venture Partners, Cisco, Mayfield, Integral Capital Partners,
Western Technology Investment, Tallwood Venture Capital, Sumitomo
Corp, Lucent Venture Partners, Vertex Ventures
Equipment $28M
Accelerated Networks
(1996, Santa Barbara)
Gateways and network management solutions provider
NEA, US Venture Partners, ONSET Ventures, Walden International,
Windward Ventures
Equipment $20.1M
ThinkEngine Networks
(1962, Danbury)
Media & application servers provider
VantagePoint Capital Partners, Prism Venture Management, Vencore
Capital
Equipment $15M
Resolute Networks
(1999, Modiin)
Provides OEM solutions for TDM circuit-emulation-services applications
Accel Partners, Benchmark Capital, Giza Venture Capital, Genesis
Partners, Delta Ventures, Partech Ventures
Equipment $15M
Ethos Networks
(2003, Herzliya)
Carrier Ethernet and Network Management Platform
Vertex Ventures Israel, Carmel Ventures, Evergreen Venture Partners Equipment $12M
PolyTrax Information
Technology
(1997, Rosenheim)
Home networking company
Alta Berkeley, TVM Capital, Guild Capital, Innovacom, Vertex Ventures Equipment $9.52M
Go to BM List >> Tower

93. Telecom Infrastructure – December 201693
Network (3/78)
Company Overview Business Model Total Funding
Traffix Systems
(2005, Hod Hasharon)
Diameter signaling solutions
Bessemer Venture Partners, StageOne Ventures Equipment $7M
Digi International
(1985, Minnetonka)
Provides hardware modules & gateways for M2M communication
Equipment $6.8M
InteliCloud
(2007, Newport Beach)
Next Generation Network Equipment
Media One Direct Equipment $4.39M
Sunsea
(1994, Shenzhen)
High tech enterprise developing ICT solutions by R&D
IDG Capital Partners Equipment $3.93M
DrayTek
(1997, Hsinchu)
Broadband Equipment Manufacturer
Draper Fisher Jurvetson Equipment $350k
4Cable
(2005, Myrtle Beach)
Outdoor transmission equipment manufacturer for Cable TV and
Internet providers. Equipment $20.9k
Electronia
(1989, Khobar)
Telecom, networking, smart card, and business automation solutions
provider Equipment
Tainet Communication
(1998, Taipei)
Carrier-class network equipment manufacturer
Equipment
Go to BM List >> Tower

94. Telecom Infrastructure – December 201694
Network (4/78)
Go to BM List >> Tower

95. Telecom Infrastructure – December 201695
Network (5/78)
Go to BM List >> Tower

96. Telecom Infrastructure – December 201696
Network (6/78)
Go to BM List >> Tower

97. Telecom Infrastructure – December 201697
Network (7/78)
Go to BM List >> Tower

98. Telecom Infrastructure – December 201698
Network (8/78)
Go to BM List >> Tower

99. Telecom Infrastructure – December 201699
Network (9/78)
Go to BM List >> Tower

100. Telecom Infrastructure – December 2016100
Network (10/78)
Go to BM List >> Tower

101. Telecom Infrastructure – December 2016101
Network (11/78)
Go to BM List >> Tower

102. Telecom Infrastructure – December 2016102
Network (12/78)
Go to BM List >> Tower

103. Telecom Infrastructure – December 2016103
Network (13/78)
Go to BM List >> Tower

104. Telecom Infrastructure – December 2016104
Network (14/78)
Go to BM List >> Tower

105. Telecom Infrastructure – December 2016105
Network (15/78)
Go to BM List >> Tower

106. Telecom Infrastructure – December 2016106
Network (16/78)
Go to BM List >> Tower

107. Telecom Infrastructure – December 2016107
Network (17/78)
Go to BM List >> Tower

108. Telecom Infrastructure – December 2016108
Network (18/78)
Go to BM List >> Tower

109. Telecom Infrastructure – December 2016109
Network (19/78)
Go to BM List >> Tower

110. Telecom Infrastructure – December 2016110
Network (20/78)
Go to BM List >> Tower

111. Telecom Infrastructure – December 2016111
Network (21/78)
Go to BM List >> Tower

112. Telecom Infrastructure – December 2016112
Network (22/78)
Go to BM List >> Tower

113. Telecom Infrastructure – December 2016113
Network (23/78)
Go to BM List >> Tower

114. Telecom Infrastructure – December 2016114
Network (24/78)
Go to BM List >> Tower

115. Telecom Infrastructure – December 2016115
Network (25/78)
Go to BM List >> Tower

116. Telecom Infrastructure – December 2016116
Network (26/78)
Go to BM List >> Tower

117. Telecom Infrastructure – December 2016117
Network (27/78)
Go to BM List >> Tower

118. Telecom Infrastructure – December 2016118
Network (28/78)
Go to BM List >> Tower

119. Telecom Infrastructure – December 2016119
Network (29/78)
Go to BM List >> Tower

120. Telecom Infrastructure – December 2016120
Network (30/78)
Go to BM List >> Tower

121. Telecom Infrastructure – December 2016121
Network (31/78)
Go to BM List >> Tower

122. Telecom Infrastructure – December 2016122
Network (32/78)
Go to BM List >> Tower

123. Telecom Infrastructure – December 2016123
Network (33/78)
Go to BM List >> Tower

124. Telecom Infrastructure – December 2016124
Network (34/78)
Go to BM List >> Tower

125. Telecom Infrastructure – December 2016125
Network (35/78)
Go to BM List >> Tower

126. Telecom Infrastructure – December 2016126
Network (36/78)
Go to BM List >> Tower

127. Telecom Infrastructure – December 2016127
Network (37/78)
Go to BM List >> Tower

128. Telecom Infrastructure – December 2016128
Network (38/78)
Go to BM List >> Tower

129. Telecom Infrastructure – December 2016129
Network (39/78)
Go to BM List >> Tower

130. Telecom Infrastructure – December 2016130
Network (40/78)
Go to BM List >> Tower

131. Telecom Infrastructure – December 2016131
Network (41/78)
Go to BM List >> Tower

132. Telecom Infrastructure – December 2016132
Network (42/78)
Go to BM List >> Tower

133. Telecom Infrastructure – December 2016133
Network (43/78)
Go to BM List >> Tower

134. Telecom Infrastructure – December 2016134
Network (44/78)
Go to BM List >> Tower

135. Telecom Infrastructure – December 2016135
Network (45/78)
Go to BM List >> Tower

136. Telecom Infrastructure – December 2016136
Network (46/78)
Go to BM List >> Tower

137. Telecom Infrastructure – December 2016137
Network (47/78)
Go to BM List >> Tower

138. Telecom Infrastructure – December 2016138
Network (48/78)
Go to BM List >> Tower

139. Telecom Infrastructure – December 2016139
Network (49/78)
Go to BM List >> Tower

140. Telecom Infrastructure – December 2016140
Network (50/78)
Go to BM List >> Tower

141. Telecom Infrastructure – December 2016141
Network (51/78)
Go to BM List >> Tower

142. Telecom Infrastructure – December 2016142
Network (52/78)
Go to BM List >> Tower

143. Telecom Infrastructure – December 2016143
Network (53/78)
Go to BM List >> Tower

144. Telecom Infrastructure – December 2016144
Network (54/78)
Go to BM List >> Tower

145. Telecom Infrastructure – December 2016145
Network (55/78)
Go to BM List >> Tower

146. Telecom Infrastructure – December 2016146
Network (56/78)
Go to BM List >> Tower

147. Telecom Infrastructure – December 2016147
Network (57/78)
Go to BM List >> Tower

148. Telecom Infrastructure – December 2016148
Network (58/78)
Go to BM List >> Tower

149. Telecom Infrastructure – December 2016149
Network (59/78)
Go to BM List >> Tower

150. Telecom Infrastructure – December 2016150
Network (60/78)
Go to BM List >> Tower

151. Telecom Infrastructure – December 2016151
Network (61/78)
Go to BM List >> Tower

152. Telecom Infrastructure – December 2016152
Network (62/78)
Go to BM List >> Tower

153. Telecom Infrastructure – December 2016153
Network (63/78)
Go to BM List >> Tower

154. Telecom Infrastructure – December 2016154
Network (64/78)
Go to BM List >> Tower

155. Telecom Infrastructure – December 2016155
Network (65/78)
Go to BM List >> Tower

156. Telecom Infrastructure – December 2016156
Network (66/78)
Go to BM List >> Tower

157. Telecom Infrastructure – December 2016157
Network (67/78)
Go to BM List >> Tower

158. Telecom Infrastructure – December 2016158
Network (68/78)
Go to BM List >> Tower

159. Telecom Infrastructure – December 2016159
Network (69/78)
Go to BM List >> Tower

160. Telecom Infrastructure – December 2016160
Network (70/78)
Go to BM List >> Tower

161. Telecom Infrastructure – December 2016161
Network (71/78)
Go to BM List >> Tower

162. Telecom Infrastructure – December 2016162
Network (72/78)
Go to BM List >> Tower

163. Telecom Infrastructure – December 2016163
Network (73/78)
Go to BM List >> Tower

164. Telecom Infrastructure – December 2016164
Network (74/78)
Go to BM List >> Tower

165. Telecom Infrastructure – December 2016165
Network (75/78)
Go to BM List >> Tower

166. Telecom Infrastructure – December 2016166
Network (76/78)
Go to BM List >> Tower

167. Telecom Infrastructure – December 2016167
Network (77/78)
Go to BM List >> Tower

168. Telecom Infrastructure – December 2016168
Network (78/78)
Go to BM List >> Tower

169. Telecom Infrastructure – December 2016169
Tower (1/9)
Network << Go to BM List >> Transport

170. Telecom Infrastructure – December 2016170
Tower (2/9)
Network << Go to BM List >> Transport

171. Telecom Infrastructure – December 2016171
Tower (3/9)
Network << Go to BM List >> Transport

172. Telecom Infrastructure – December 2016172
Tower (4/9)
Network << Go to BM List >> Transport

173. Telecom Infrastructure – December 2016173
Tower (5/9)
Network << Go to BM List >> Transport

174. Telecom Infrastructure – December 2016174
Tower (6/9)
Network << Go to BM List >> Transport

175. Telecom Infrastructure – December 2016175
Tower (7/9)
Network << Go to BM List >> Transport

176. Telecom Infrastructure – December 2016176
Tower (8/9)
Network << Go to BM List >> Transport

177. Telecom Infrastructure – December 2016177
Tower (9/9)
Network << Go to BM List >> Transport

178. Telecom Infrastructure – December 2016178
Transport (1/21)
Tower << Go to BM List >> RAN

179. Telecom Infrastructure – December 2016179
Transport (2/21)
Tower << Go to BM List >> RAN

180. Telecom Infrastructure – December 2016180
Transport (3/21)
Tower << Go to BM List >> RAN

181. Telecom Infrastructure – December 2016181
Transport (4/21)
Tower << Go to BM List >> RAN

182. Telecom Infrastructure – December 2016182
Transport (5/21)
Tower << Go to BM List >> RAN

183. Telecom Infrastructure – December 2016183
Transport (6/21)
Tower << Go to BM List >> RAN

184. Telecom Infrastructure – December 2016184
Transport (7/21)
Tower << Go to BM List >> RAN

185. Telecom Infrastructure – December 2016185
Transport (8/21)
Tower << Go to BM List >> RAN

186. Telecom Infrastructure – December 2016186
Transport (9/21)
Tower << Go to BM List >> RAN

187. Telecom Infrastructure – December 2016187
Transport (10/21)
Tower << Go to BM List >> RAN

188. Telecom Infrastructure – December 2016188
Transport (11/21)
Tower << Go to BM List >> RAN

189. Telecom Infrastructure – December 2016189
Transport (12/21)
Tower << Go to BM List >> RAN

190. Telecom Infrastructure – December 2016190
Transport (13/21)
Tower << Go to BM List >> RAN

191. Telecom Infrastructure – December 2016191
Transport (14/21)
Tower << Go to BM List >> RAN

192. Telecom Infrastructure – December 2016192
Transport (15/21)
Tower << Go to BM List >> RAN

193. Telecom Infrastructure – December 2016193
Transport (16/21)
Tower << Go to BM List >> RAN

194. Telecom Infrastructure – December 2016194
Transport (17/21)
Tower << Go to BM List >> RAN

195. Telecom Infrastructure – December 2016195
Transport (18/21)
Tower << Go to BM List >> RAN

196. Telecom Infrastructure – December 2016196
Transport (19/21)
Tower << Go to BM List >> RAN

197. Telecom Infrastructure – December 2016197
Transport (20/21)
Tower << Go to BM List >> RAN

198. Telecom Infrastructure – December 2016198
Transport (21/21)
Tower << Go to BM List >> RAN

199. Telecom Infrastructure – December 2016199
RAN (1/19)
Transport << Go to BM List >> Suite

200. Telecom Infrastructure – December 2016200
RAN (2/19)
Transport << Go to BM List >> Suite

201. Telecom Infrastructure – December 2016201
RAN (3/19)
Transport << Go to BM List >> Suite

202. Telecom Infrastructure – December 2016202
RAN (4/19)
Transport << Go to BM List >> Suite

203. Telecom Infrastructure – December 2016203
RAN (5/19)
Transport << Go to BM List >> Suite

204. Telecom Infrastructure – December 2016204
RAN (6/19)
Transport << Go to BM List >> Suite

205. Telecom Infrastructure – December 2016205
RAN (7/19)
Transport << Go to BM List >> Suite

206. Telecom Infrastructure – December 2016206
RAN (8/19)
Transport << Go to BM List >> Suite

207. Telecom Infrastructure – December 2016207
RAN (9/19)
Transport << Go to BM List >> Suite

208. Telecom Infrastructure – December 2016208
RAN (10/19)
Transport << Go to BM List >> Suite

209. Telecom Infrastructure – December 2016209
RAN (11/19)
Transport << Go to BM List >> Suite

210. Telecom Infrastructure – December 2016210
RAN (12/19)
Transport << Go to BM List >> Suite

211. Telecom Infrastructure – December 2016211
RAN (13/19)
Transport << Go to BM List >> Suite

212. Telecom Infrastructure – December 2016212
RAN (14/19)
Transport << Go to BM List >> Suite

213. Telecom Infrastructure – December 2016213
RAN (15/19)
Transport << Go to BM List >> Suite

214. Telecom Infrastructure – December 2016214
RAN (16/19)
Transport << Go to BM List >> Suite

215. Telecom Infrastructure – December 2016215
RAN (17/19)
Transport << Go to BM List >> Suite

216. Telecom Infrastructure – December 2016216
RAN (18/19)
Transport << Go to BM List >> Suite

217. Telecom Infrastructure – December 2016217
RAN (19/19)
Transport << Go to BM List >> Suite

218. Telecom Infrastructure – December 2016218
Suite (1/3)
RAN << Go to BM List >> SIM Providers

219. Telecom Infrastructure – December 2016219
Suite (2/3)
RAN << Go to BM List >> SIM Providers

220. Telecom Infrastructure – December 2016220
Suite (3/3)
RAN << Go to BM List >> SIM Providers

221. Telecom Infrastructure – December 2016221
SIM Providers (1/5)
Suite << Go to BM List

222. Telecom Infrastructure – December 2016222
SIM Providers (2/5)
Suite << Go to BM List

223. Telecom Infrastructure – December 2016223
SIM Providers (3/5)
Suite << Go to BM List

224. Telecom Infrastructure – December 2016224
SIM Providers (4/5)
Suite << Go to BM List

225. Telecom Infrastructure – December 2016225
SIM Providers (5/5)
Suite << Go to BM List

226. Telecom Infrastructure – December 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
226

227. Telecom Infrastructure – December 2016227
Team
Mukul Aggarwal
Lead Analyst – Telecom
Pradeep Nair
Senior Analyst – Telecom

228. Telecom Infrastructure – December 2016228