Redback Networks

Closed

Broadband subscriber management for ISPs.

San Jose, United States · Founded 1996 · $500.0M raised

Networking Equipment
Telecommunications
Employees
501–1000
Founded
1996
Business Model
B2B
Total Funding
$500.0M
Last Round
$500.0M Convertible NoteMar 2000
Rounds
3

About

Redback Networks was a San Jose, California-based telecommunications equipment company founded in 1996 by Gaurav Garg, Asher Waldfogel, and William Salkewicz with seed funding from Sequoia Capital. The company developed hardware and software solutions for Internet service providers to manage broadband subscriber services, with its flagship products including the SMS (Subscriber Management System), SmartEdge, and SmartMetro product lines. Redback served 15 of the top 20 DSL carriers worldwide. The company went public on NASDAQ in May 1999 and in January 2007 was acquired by Ericsson for $1.9 billion.

Summary

Redback Networks is a Networking Equipment company based in San Jose, United States, founded in 1996. It has raised $500.0M in total across 3 rounds, most recently a $500.0M Convertible Note round in Mar 2000. Investors include Kleiner Perkins, Mayfield Fund and TCV.

Tech & App Stack

1 technologies & apps tracked

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Funding History

AcquisitionAcquisition by EricssonDec 2006
$2.1B

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Investors

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