Alteon WebSystems

Acquired

San Jose, United States · Founded 1996

Founded
1996
Business Model
B2B
Last Round
Venture RoundJan 1997
Rounds
1

About

Alteon WebSystems (originally Alteon Networks) was a computer networking company founded in 1996 in San Jose, California, that built network switches and Gigabit Ethernet network interface controllers, including pioneering Layer 4-7 application delivery switches like the ACEdirector. Nortel Networks acquired the company in 2000 for roughly $6 billion in stock, and the application-switching product line was later sold to Radware in 2009, where it continues today as the Alteon NG application delivery controller.

Summary

Alteon WebSystems is a company based in San Jose, United States, founded in 1996. Its most recent funding was a Venture Round round in Jan 1997. Investors include NEA.

Sign up to view the funding chart

Create a free account — 25 credits a month to unlock funding history, valuations, and tech stacks.

Funding History

AcquisitionAcquired by Nortel NetworksOct 2000

Sign up to see all 2 rounds

Full funding history, per-round amounts, and investor participation.

Investors