# Ocean Broadband Networks

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

- Industry: Telecoms
- Headquarters: Shanghai, China
- Website: www.obroadband.com.cn
- Latest round: Series B (Sep 25, 2006)
- Investors on record: 2

## About

Based in China, Ocean Broadband Networks Ltd. specializes in telecommunications solutions, offering high-speed internet and advanced broadband services to enhance connectivity for businesses and consumers across various sectors.Ocean Broadband Networks Ltd. is a telecommunications company founded in 2004 in Shanghai, China. It focuses on providing innovative broadband solutions. The company has undergone strategic developments since its inception, including a notable funding round in September 2006 when Atlas Venture and Motorola Ventures participated in a Series B financing. The financial terms of this deal were not disclosed.Ocean Broadband Networks Ltd. delivers a comprehensive array of telecommunications solutions aimed at improving connectivity and communication efficiency for both businesses and consumers. Its core offerings encompass high-speed internet services and advanced broadband solutions tailored to meet diverse industry needs, addressing issues such as slow internet speeds and connectivity disruptions. The company caters to a wide range of clients, including small to medium-sized enterprises, educational institutions, and residential users primarily situated in urban areas throughout Asia and select European markets. By providing customized solutions, Ocean Broadband Networks positions itself as a competitive entity in the telecommunications industry.Ocean Broadband Networks Ltd. generates revenue through a structured model centered on subscription services for its broadband offerings, ensuring a steady cash flow from a loyal customer base. Business transactions focus on direct relationships with consumers and enterprises, offering tiered pricing plans that accommodate various service levels and usage requirements. Clients can choose from different packages according to their bandwidth needs, with higher-tier options providing premium features such as dedicated support and enhanced security. In addition to residential services, the company collaborates with local businesses to supply wholesale broadband solutions, effectively broadening its market presence and revenue streams through strategic partnerships.Ocean Broadband Networks Ltd. aims to bolster its growth through the introduction of new products and expansion into new markets. The company is actively working on launching enhanced telecommunications products designed for release following the completion of its current development phase. Furthermore, it plans to extend its services into additional geographic regions, targeting emerging markets in Asia and Europe by the end of the next fiscal year. The recent funding received from the Series B financing in September 2006 will be strategically utilized to support these initiatives, enabling the company to enhance its product offerings and expand its market reach.

## Funding rounds

- Series B, Sep 25, 2006 — Atlas Venture, Motorola Solutions Venture Capital

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series B
- Motorola Solutions Venture Capital (https://capitalatlas.ai/funds/motorola-solutions-venture-capital) — Series B