# Blue Danube Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue-danube-systems

- Industry: Hardware
- Headquarters: Santa Clara, US
- Website: www.bluedanubelabs.com
- Total disclosed funding: $35M
- Latest round: Series C (Apr 20, 2017)
- Investors on record: 4

## About

Blue Danube Systems, Inc. is a technology company that develops advanced wireless solutions, focusing on enhancing network quality and capacity for telecommunications providers.Founded in 2006 and headquartered in Santa Clara, US, Blue Danube Systems specializes in providing innovative wireless solutions. The company was acquired by NEC Corporation in January 2022 for undisclosed financial terms. The CEO of Blue Danube Systems is Mark Pinto, who has a background in founding and managing technology companies. The firm has engaged in a total of 7 deals, with the most recent funding round being a Series C, raising USD 19.00 mn, primarily led by Silver Lake. The total amount raised by the company amounts to USD 19.00 mn, with a current valuation of USD 177.38 mn.Blue Danube Systems delivers advanced wireless solutions tailored for network optimization and capacity enhancement. Their core products include Open RAN technologies that support the scalability of network demands and value-added services designed for automation and AI-driven capabilities. The company serves various sectors including telecommunications, healthcare, finance, and government with a focus on markets in North America, Europe, and Asia-Pacific.The company generates revenue primarily through B2B transactions, establishing long-term contracts with enterprises. Revenue is derived from subscription models associated with their network solutions and services, as well as partnerships that drive operational efficiency. Their flagship products include the NEC Aspire Technology suite, which provides comprehensive software and services for network planning and optimization. While specific pricing details are undisclosed, agreements typically involve multi-year commitments, ensuring steady revenue generation for the firm.Looking ahead, Blue Danube Systems plans to leverage its recent funding from the Series C round to expand its product offerings and market presence. The company is focusing on the development of new wireless technologies to be launched in the upcoming year, enhancing their portfolio. Additionally, they aim to penetrate new geographic regions, specifically targeting markets in Europe and Asia-Pacific by 2024, following their acquisition by NEC Corporation which is expected to bolster their growth capabilities.

## Funding rounds

- Series C, Apr 20, 2017, $19M — Silver Lake
- Series B, Dec 29, 2015, $0.2M — Hong Shan
- Series B, May 11, 2015, $6M — Hong Shan, Northgate Capital, AT&T Inc.
- Series B, Dec 19, 2014, $10M — Hong Shan

## Investors

- Hong Shan — Series B
- Northgate Capital (https://capitalatlas.ai/funds/northgate-capital) — Series B
- AT&T Inc. — Series B
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series C