# Catena Networks

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

- Industry: Telecoms
- Headquarters: Linthicum, US
- Website: www.ciena.com
- Total disclosed funding: $105M
- Latest round: Series D (Jan 23, 2002)
- Investors on record: 13

## About

Catena Networks specializes in high-speed connectivity solutions, delivering advanced networking systems and automation software designed to enhance data transmission and network management efficiently.Founded in 1992 in Linthicum, US, Catena Networks focuses on providing networking solutions. In May 2004, the company was acquired by Ciena Corporation for approximately 75.9 million shares of Ciena’s common stock, consolidating its expertise in high-speed connectivity.Ciena offers a comprehensive suite of high-speed connectivity solutions, including networking systems, automation software, and services aimed at optimizing data transmission. Their products, such as high-capacity optical networks and the WaveLogic 6 technology, cater to telecommunications providers, enterprises, and data centers, addressing growing bandwidth demands across global markets.Ciena primarily generates revenue through business-to-business transactions, focusing on tailored solutions for telecommunications providers and large enterprises. Their revenue model includes hardware sales, software subscriptions, and professional services, with flagship offerings like the WaveLogic 6 technology being central to their financial performance.Ciena's future growth strategy involves the development of new products and expanding into emerging markets. The company plans to utilize funds from its latest Series D round, which raised USD 75.00 mn, to enhance its product offerings and support its entry into new geographic regions. Additionally, the acquisition of Catena Networks in 2004 is expected to bolster its capabilities in providing advanced networking solutions.

## Funding rounds

- Series D, Jan 23, 2002, $75M — Menlo Ventures, Morgenthaler Ventures, Meriten Investment Management, Worldview Technology Partners, Seligman Investments, Summerhill Venture Partners, Bessemer Venture Partners, Munder Capital Management, Silicon Valley Bank, Goldman Sachs Asset Management, Berkeley VC International
- Series B, Feb 18, 2000, $30M — Menlo Ventures, Morgenthaler Ventures, Worldview Technology Partners, Summerhill Venture Partners, Bessemer Venture Partners, JP Morgan Asset Management, Stanford University
- Series A, Dec 1, 1998 — Morgenthaler Ventures

## Investors

- Morgenthaler Ventures (https://capitalatlas.ai/funds/morgenthaler-ventures) — Series A, Series B, Series D
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B, Series D
- Worldview Technology Partners (https://capitalatlas.ai/funds/worldview-technology-partners) — Series B, Series D
- Summerhill Venture Partners (https://capitalatlas.ai/funds/summerhill-venture-partners) — Series B, Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B, Series D
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B
- Stanford University — Series B
- Meriten Investment Management (https://capitalatlas.ai/funds/meriten-investment-management) — Series D
- Seligman Investments (https://capitalatlas.ai/funds/seligman-investments) — Series D
- Munder Capital Management — Series D
- Silicon Valley Bank — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- Berkeley VC International (https://capitalatlas.ai/funds/berkeley-vc-international) — Series D