# Nortel Networks: portfolio, investments and team > Nortel Networks is a growth equity. 7 investments on record, latest Feb 2007. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/nortel-networks (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # Nortel Networks Last cheque observed Feb 2007. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Growth equity Series B Series C Series A Software Telecommunications Voip Cheques on record **0%** of best year **0** **cheques in 12 months**, 7 on record Since the last cheque **7200** days **00** hrs **00** min **00** sec Median round **$25M** Rounds led **0 of 7** Exits **5 from the portfolio** Mostly in **United States, 100%** Pitch Nortel Networks ## Nortel Networks highlights - 01 7 rounds on record - 02 Mostly Series B and Series C: 57% of its rounds - 03 5 exits from the portfolio ## What they do - **Type:** Growth equity (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Software Telecommunications Voip - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2007** 1 round - **Feb** **[Tango Networks](https://millionrounds.com/company/tango-networks)** Series A · US · americanventuremagazine.com **$25M** With 5 others - **2006** 1 round - **Aug** **[Trapeze Networks](https://millionrounds.com/company/trapeze-networks)** Series D · US · trapezenetworks.com **$30M** With 6 others - **2005** 1 round - **Apr** **[Trapeze Networks](https://millionrounds.com/company/trapeze-networks)** Series C · US · trapezenetworks.com **$18M** With 4 others - **2001** 2 rounds - **May** **[Corechange](https://millionrounds.com/company/corechange)** Series C · US **$25M** With 4 others - **Feb** **[CentrePath](https://millionrounds.com/company/centrepath)** Series B · US **$120M** With 4 others - **2000** 2 rounds - **Dec** **[Cybergnostic](https://millionrounds.com/company/cybergnostic)** Series B · US **$2.7M** With 3 others - **Jun** **[CoreExpress](https://millionrounds.com/company/coreexpress)** Venture · US **$573M** With 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 listed **5 in all** **[Trapeze Networks](https://millionrounds.com/company/trapeze-networks)** Bought by [Juniper Networks](https://millionrounds.com/fund/juniper-networks) **$152M** Nov 2010 **[Trapeze Networks](https://millionrounds.com/company/trapeze-networks)** Bought by [Belden](https://millionrounds.com/fund/belden) **$133M** Jun 2008 **[CentrePath](https://millionrounds.com/company/centrepath)** Bought by GC Pivotal LLC dba Global Capacity **Undisclosed** Jan 2006 **[Corechange](https://millionrounds.com/company/corechange)** Bought by OpenText Corporation **$3.6M** Feb 2003 **[CoreExpress](https://millionrounds.com/company/coreexpress)** Bought by Wiltel Communications **Undisclosed** Nov 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** **$8.0M** Aug 2008 **Pingtel** **Undisclosed** Aug 2008 ## The cheque Series B Series C Series A Median round joined **$25M** the round, not its cheque Led 0 of 7 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Feb 2007 - **Exits:** 5 from the portfolio Rounds by stage said on their site - Series B *2* - Series C *2* - Series A *1* - Series D *1* - Venture *1* Cheques by year Led Joined 2000 2007 Often in the room with - [Accel](https://millionrounds.com/fund/accel) 2 - [Castile Ventures](https://millionrounds.com/fund/castile-ventures) 2 - [Cisco](https://millionrounds.com/fund/cisco) 2 - [Oak Investment Partners](https://millionrounds.com/fund/oak-investment-partners) 2 - [Redpoint](https://millionrounds.com/fund/redpoint) 2 **Pitching Nortel Networks?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)[**Castile Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/castile-ventures)[**Cisco** Corporate VC **2** rounds together](https://millionrounds.com/fund/cisco)[**Oak Investment Partners** Private equity **2** rounds together](https://millionrounds.com/fund/oak-investment-partners)[**Redpoint** VC firm **2** rounds together](https://millionrounds.com/fund/redpoint) ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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