# Masergy Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/masergy-communications

- Industry: IT Infrastructure
- Headquarters: Plano, US
- Website: www.masergy.com
- Total disclosed funding: $87M
- Latest round: Series C (Mar 17, 2005)
- Investors on record: 5

## About

Masergy Communications, Inc. specializes in providing secure networking solutions, focusing on software-defined wide area networking (SD-WAN) services to enhance enterprise connectivity and operational efficiency.Founded in 2000, Masergy Communications, Inc. operates from Plano, Texas, US, delivering advanced networking solutions. In August 2021, the company was acquired by Comcast Business Services from Berkshire Partners, with the deal finalized in October 2021. Chris MacFarland, a key figure in the company's history, serves as Chairman and CEO, having retained his position post-acquisition. The firm has completed a total of 8 deals, with the most recent transaction occurring on August 25, 2021. The company has successfully raised a total of USD 900.00 mn, including its latest funding round, a Secondary Buyout, where it secured USD 900.00 mn from investors.Masergy Communications provides a suite of secure networking solutions, primarily offering software-defined wide area networking (SD-WAN) services. Their offerings encompass managed network services, high-speed internet solutions, centralized security features, and cloud-based connectivity, thus catering to various sectors like healthcare, education, retail, and manufacturing. These products are vital for enhancing communication, boosting operational efficiency, and supporting evolving remote work capabilities, targeting both small and medium-sized businesses as well as large enterprises globally.For the year 2010, Masergy Communications reported a revenue of USD 97.54 mn and an EBITDA of USD 13.29 mn, indicating its financial performance during that period.As part of its growth strategy following the acquisition, Masergy Communications aims to enhance its service offerings while focusing on expanding its presence among large and mid-size companies in the US, particularly those with multi-site global operations. The recent acquisition funding will support these initiatives, allowing the company to innovate and launch new products tailored to customer needs. The acquisition aims to leverage Comcast Business’s resources to accelerate growth in existing and new markets.

## Funding rounds

- Series C, Mar 17, 2005, $30M — Centennial Ventures, Meritage Funds, Meriten Investment Management
- Series A, Sep 24, 2001, $57M — Centennial Ventures, Kleiner Perkins, Lightspeed Venture Partners, Meritage Funds

## Investors

- Centennial Ventures (https://capitalatlas.ai/funds/centennial-ventures) — Series A, Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Meritage Funds (https://capitalatlas.ai/funds/meritage-funds) — Series A, Series C
- Meriten Investment Management (https://capitalatlas.ai/funds/meriten-investment-management) — Series C