Canada · Series D startup

Who invested in Tropic Networks

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps

Funding summaryUpdated 26 Oct 2026

$53Mraised across 2 rounds since 2003, from 3 sources

$20MSeries C$33MSeries D
Latest round
Series D, $33MMay 2005
Step-upi
1.6×
Investors
13
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

200320042005
$20MSeries C$33MSeries D
First round
Series C, $20M
Feb 2003
Biggest round
$33M
Series D · May 2005
Between rounds
2.3 years
from the last two

The rounds

  1. May 2005
  2. Feb 2003

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

The exit

ExitBuyerPriceWhen
AcquiredAlcatel-LucentundisclosedApr 2007

From historical deal records. Wrong? Tell us.

Everyone who backed them

Goldman SachsPrivate equity2rounds
Crescendo VenturesGrowth equity2rounds
JP MorganInvestment bank1round
J.P. Morgan Securities Inc.Investment bank1round
Alcatel-LucentCorporate VC1round
Skylon AdvisorsGrowth equity1round
Bank of Nova Scotiano record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Tropic Networks

Who invested in Tropic Networks?

Tropic Networks's investors include Goldman Sachs, Kodiak Venture Partners, Crescendo Ventures, Celtic House Venture Partners and JP Morgan, and 8 more on record.

How much has Tropic Networks raised?

Tropic Networks has raised $53M across 2 rounds since 2003.

When did Tropic Networks last raise?

Tropic Networks's most recent round was a Series D of $33M in May 2005.

What was Tropic Networks's biggest round?

Its most recent round, $33M in May 2005, is also its largest on record.

Who backed Tropic Networks first?

Tropic Networks's first round on record, in Feb 2003, was backed by Goldman Sachs, Kodiak Venture Partners and Crescendo Ventures and 2 others.

What stage is Tropic Networks at?

Tropic Networks's latest named round is a Series D, in May 2005.

Where is Tropic Networks based?

Tropic Networks is based in Canada.

Companies like Tropic Networks

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