# Genesis Networks

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

- Industry: Telecoms
- Headquarters: Knoxville, US
- Website: www.genesisnetworks.com
- Total disclosed funding: $15M
- Latest round: Series D (May 5, 2010)
- Investors on record: 2

## About

Genesis Networks specializes in advanced telecommunication solutions, focusing on conferencing and virtual event platforms that enhance communication for businesses across various industries.Founded in 2005 and headquartered in Knoxville, US, Genesis Networks provides telecommunication services with a focus on virtual conferencing technology. The company has engaged in 13 deals since its inception, with its most recent transaction being a Trade Sale on November 2, 2010, which resulted in an acquisition by Global Crossing. Jay Bock leads the company as CEO.Genesis Networks specializes in providing advanced telecommunication solutions, particularly focusing on conferencing and virtual event platforms. Their core offerings include VideoToGo, a platform designed for seamless online meetings and collaborations, alongside sophisticated services for webinars, webcasts, virtual and hybrid events, and continuing education. These services cater to small- and mid-sized businesses across various industries, ensuring effective communication and engagement. The technology supporting these services is GDPR compliant and features robust security and privacy measures, with clients spanning North America and international markets.Genesis Networks generates revenue primarily through its conferencing and virtual event solutions, which are structured on a subscription model. Clients engage with the company for services such as their flagship VideoToGo platform and comprehensive webinar and webcasting options, often entering into partnerships that enhance their communication capabilities. Various pricing plans accommodate different business needs, allowing clients to choose between self-managed and fully-managed service options. Transactions typically involve direct business-to-business engagements, where organizations pay for the services based on their specific requirements and usage levels.Genesis Networks aims to leverage recent funding from the Trade Sale, amounting to USD 27.00 mn, to develop new products and expand into new markets. The company's strategy includes launching enhanced versions of their VideoToGo platform and venturing into geographical regions beyond their current markets in North America, with specific plans to explore opportunities in Europe and Asia by 2025. This approach aligns with their vision to offer innovative solutions to a broader client base.

## Funding rounds

- Series D, May 5, 2010, $2M — Longworth Venture Partners, Masthead Venture Partners
- Series D, Feb 24, 2010, $2M — Longworth Venture Partners, Masthead Venture Partners
- Series B, Dec 11, 2007, $2.6M — Longworth Venture Partners, Masthead Venture Partners
- Series B, Sep 27, 2006, $8M — Longworth Venture Partners, Masthead Venture Partners

## Investors

- Longworth Venture Partners (https://capitalatlas.ai/funds/longworth-venture-partners) — Series B, Series D
- Masthead Venture Partners (https://capitalatlas.ai/funds/masthead-venture-partners) — Series B, Series D