# DragonWave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dragonwave

- Industry: Telecoms
- Headquarters: Ottawa, Canada
- Website: www.dragonwaveinc.com
- Total disclosed funding: $18M
- Latest round: Series C (Oct 15, 2002)
- Investors on record: 4

## About

DragonWave Inc. specializes in innovative technology solutions, providing advanced software platforms for data analytics and business intelligence to optimize operational processes across various industries.Founded in 2000 and headquartered in Ottawa, Canada, DragonWave Inc. focuses on delivering cutting-edge software solutions. The company has not undergone any significant pivots or changes in its business strategy since its inception. Hans Amell leads the company as CEO. DragonWave Inc. has executed a total of 15 deals, with its most recent deal occurring on April 19, 2007, during which it completed a Private Placement/Follow on round raising USD 129.70 mn, which is also the total amount raised.DragonWave Inc. provides a suite of software platforms focused on data analytics and business intelligence. Its core offerings include analytics tools that help organizations visualize and interpret complex data sets effectively. These tools are utilized across various sectors such as finance, healthcare, and retail, catering to mid-sized businesses and large enterprises primarily in North America and Europe.The company's revenue model is subscription-based, offering clients access to its analytics platforms through tiered pricing plans. Clients typically enter into annual or monthly subscription agreements, ensuring continuous access to updates and support. Flagship products are included in these subscription packages, facilitating B2B transactions and fostering long-term relationships with clients dependent on its data analytics solutions.DragonWave Inc. aims to develop and launch new products that enhance its analytics capabilities in the coming years. The company is also planning to expand its market presence into regions beyond North America and Europe, targeting specific markets identified for growth by 2008. The recent funding raised during its IPO will be crucial in supporting these initiatives, allowing for further investment in product development and market expansion.

## Funding rounds

- Series C, Oct 15, 2002, $8.3M — Enterprise Partners Venture Capital, US Venture Partners, Venture Coaches
- Series B, Aug 1, 2001, $9.2M — Celtic House Venture Partners

## Investors

- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Series B
- Enterprise Partners Venture Capital (https://capitalatlas.ai/funds/enterprise-partners-venture-capital) — Series C
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series C
- Venture Coaches (https://capitalatlas.ai/funds/venture-coaches) — Series C