# Axerra Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/axerra-networks

- Industry: Telecoms
- Headquarters: Waltham, US
- Website: www.axerra.com
- Total disclosed funding: $26M
- Latest round: Series C (Sep 19, 2005)
- Investors on record: 3

## About

Axerra Networks, Inc. specializes in providing advanced network solutions, focusing on delivering high-performance transport technologies to support service providers and enterprises in enhancing their communication infrastructures.Founded in 2000 and headquartered in Waltham, US, Axerra Networks, Inc. operates in the field of network solutions. In October 2010, the company was acquired by DragonWave Inc. for USD 9.5 mn, marking a significant transition in its operational strategy. Axerra Networks does not have any known subsidiaries or parent companies.Axerra Networks, Inc. provides innovative network transport solutions designed to enhance the performance and reliability of communication infrastructures. Their product offerings include advanced technologies that enable efficient data transmission, catering primarily to service providers and enterprises seeking to improve their network capabilities.Axerra Networks, Inc. generates revenue through the sale of its network solutions to various enterprises and service providers. The company’s revenue model is based on direct sales, where clients pay for the technologies that enhance their communication networks. This model is designed to ensure sustainable growth as clients invest in upgrading their infrastructures.With the acquisition by DragonWave Inc. in 2010, Axerra Networks, Inc. is positioned to leverage new technologies and expand its product offerings. The company aims to develop new solutions tailored for emerging markets while enhancing its existing portfolio. Future initiatives will focus on entering new geographic regions to better serve clients, although specific markets and timelines have not been disclosed. The funding from the acquisition is expected to support these growth initiatives as Axerra Networks seeks to strengthen its market presence.

## Funding rounds

- Series C, Sep 19, 2005, $16M — HarbourVest Partners, TLcom Capital, Viola Group
- Series B, Sep 3, 2002, $10M — HarbourVest Partners, TLcom Capital

## Investors

- HarbourVest Partners (https://capitalatlas.ai/funds/harbourvest-partners) — Series B, Series C
- TLcom Capital (https://capitalatlas.ai/funds/tlcom-capital) — Series B, Series C
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series C
