Somera Communications
IPOPublic · Coppell, United States · Founded 1995 · $51.8M raised
- Headquarters
- Coppell
- Employees
- 1001–5000
- Founded
- 1995
- Business Model
- B2B
- Total Funding
- $51.8M
- Last Round
- $51.8M Venture RoundNov 1998
- Rounds
- 1
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Somera Communications was a telecommunications equipment lifecycle management company founded in 1995 and headquartered in Coppell, Texas. The company helped wireless and wireline carriers extend the life of legacy network equipment through refurbishment, redeployment, and asset management services, allowing operators to focus capital on new technology rollouts rather than sustaining aging infrastructure. Backed by Summit Partners, Somera grew to roughly 2,100 employees and raised $51.75 million in funding before its telecom equipment business was acquired in the mid-2000s.
Summary
Somera Communications is a Telecommunications company based in Coppell, United States, founded in 1995. It has raised $51.8M in total across 1 round, most recently a $51.8M Venture Round in Nov 1998. Investors include Summit Partners.
Funding & Exit History
Nov 1999
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Funding: Venture Round. Amounts, valuations, and investors where available.
Investors
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