Investor

Nortel Networks

Last cheque observed Feb 2007. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietGrowth equity

Series BSeries CSeries ASoftwareTelecommunicationsVoip

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque7200days00hrs00min00sec
Median round$25MRounds led0 of 7Exits5 from the portfolioMostly inUnited States, 100%
Pitch Nortel Networks

Nortel Networks highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series B and Series C: 57% of its rounds

  3. 03

    5 exits from the portfolio

What they do

Type
Growth equity (from a list, unverified)
Cheque size
Not stated
Sectors
SoftwareTelecommunicationsVoip
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2007

    1 round

  2. Feb
    Tango NetworksSeries A · US · americanventuremagazine.com$25MWith 5 others
  3. 2006

    1 round

  4. Aug
    Trapeze NetworksSeries D · US · trapezenetworks.com$30MWith 6 others
  5. 2005

    1 round

  6. Apr
    Trapeze NetworksSeries C · US · trapezenetworks.com$18MWith 4 others
  7. 2001

    2 rounds

  8. May
    CorechangeSeries C · US$25MWith 4 others
  9. Feb
    CentrePathSeries B · US$120MWith 4 others
  10. 2000

    2 rounds

  11. Dec
    CybergnosticSeries B · US$2.7MWith 3 others
  12. Jun
    CoreExpressVenture · US$573MWith 8 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Exits from the portfolio

Companies it backed that were later bought or listed5 in all

Trapeze NetworksBought by Juniper Networks$152MNov 2010
Trapeze NetworksBought by Belden$133MJun 2008
CentrePathBought by GC Pivotal LLC dba Global CapacityUndisclosedJan 2006
CorechangeBought by OpenText Corporation$3.6MFeb 2003
CoreExpressBought by Wiltel CommunicationsUndisclosedNov 2001

An exit counts when it came after the firm's first round in the company. From historical deal records.

Companies it bought

Acquisitions by the firm itself

DiamondWare$8.0MAug 2008
PingtelUndisclosedAug 2008

Who they invest alongside

The investors most often in the same rounds as Nortel Networks. A count of rooms they were both in, not a relationship either has claimed.

AccelVC firm2rounds togetherCastile VenturesVC firm2rounds togetherCiscoCorporate VC2rounds togetherOak Investment PartnersPrivate equity2rounds togetherRedpointVC firm2rounds together

Quick answers about Nortel Networks

What does Nortel Networks invest in?

Nortel Networks invests most often at Series B and Series C (57% of the rounds on record), in sectors such as Software, Telecommunications and Voip.

How active is Nortel Networks?

7 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2007.

How big are Nortel Networks's cheques?

The median round it joins is $25M.

Does Nortel Networks lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does Nortel Networks invest?

Most of the companies it backs are in the United States (100%).

Is Nortel Networks investing now?

No investments in the last 12 months; the latest was in Feb 2007.

Who does Nortel Networks invest alongside?

Most often Accel (2 rounds together), Castile Ventures (2 rounds together) and Cisco (2 rounds together).

What kind of investor is Nortel Networks?

Nortel Networks is a growth equity firm.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it