# Teknovus

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

- Industry: Semiconductors
- Headquarters: Petaluma, US
- Website: www.teknovus.com
- Total disclosed funding: $68M
- Latest round: Series D (Sep 11, 2007)
- Investors on record: 17

## About

Teknovus delivers advanced optical networking solutions, enhancing data transmission efficiency across various platforms for enterprises and service providers, primarily focusing on high-speed broadband connectivity.Founded in 2002, Teknovus is located in Petaluma, US, specializing in optical networking products. The company was acquired by Broadcom Corp in March 2010 for USD 123 mn. Prior to this acquisition, Teknovus had executed 12 deals and focused on expanding its market presence in the optical networking sector.Teknovus offers advanced networking solutions focused on enhancing the performance of data transmission. Their product range includes passive optical networking (PON) technologies, optical line terminals (OLTs), and optical network units (ONUs), essential for delivering high-capacity internet services to both residential and commercial customers. The company serves clients across North America, Europe, and parts of Asia, facilitating improved connectivity and bandwidth efficiency for telecommunications firms and internet service providers.Teknovus generates revenue through direct sales and strategic partnerships with telecommunications companies and internet service providers. Operating on a B2B model, the company provides optical networking products under contractual agreements that often include service and maintenance. Revenue is derived from hardware sales, supported by software solutions for network management and optimization, and strengthened by long-term contracts with clients upgrading their infrastructures.Following its acquisition by Broadcom Corp, Teknovus aims to leverage its resources for developing new products designed to enhance optical networking capabilities, with potential launches in upcoming years. The company plans to expand into additional markets in Asia and Europe by 2015, utilizing the funding from its recent acquisition to support product development and market entry initiatives.

## Funding rounds

- Series D, Sep 11, 2007, $26M — Focus Ventures, Lightspeed Venture Partners, US Venture Partners, Partech Partners, Samsung Venture Investment, Mitsubishi Corporation, ITOCHU Technology Ventures, Technology Alliance Investment, Vision Venture Capital, The Galleon Group
- Series C, Dec 4, 2006, $4M — Focus Ventures, US Venture Partners, Partech International Ventures, VentureTech Alliance, NEC Corporation of America
- Series C, May 15, 2006, $5.5M — Focus Ventures, US Venture Partners, Partech International Ventures, VentureTech Alliance, NEC Corporation of America
- Series C, May 24, 2005, $14M — Focus Ventures, US Venture Partners, Southern Ute Indian Tribe Growth Fund, Portview Communications, Partech Partners, IPV Capital Partners, VentureTech Alliance, Samsung Venture Investment, Mitsubishi Corporation
- Series B, Dec 10, 2004, $1M — US Venture Partners, Portview Communications, Partech International Ventures
- Series B, Sep 14, 2004, $9M — US Venture Partners, Southern Ute Indian Tribe Growth Fund, Portview Communications, Partech Partners, Samsung Venture Investment, Mitsubishi Corporation
- Series A, Jul 22, 2003, $4M — US Venture Partners, Partech International Ventures
- Series A, Jun 11, 2002, $5M — US Venture Partners, Portview Communications, Partech Partners, NEC

## Investors

- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A, Series B, Series C, Series D
- Portview Communications (https://capitalatlas.ai/funds/portview-communications) — Series A, Series B, Series C
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A, Series B, Series C, Series D
- NEC — Series A
- Partech International Ventures (https://capitalatlas.ai/funds/partech-international-ventures) — Series A, Series B, Series C
- Southern Ute Indian Tribe Growth Fund — Series B, Series C
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B, Series C, Series D
- Mitsubishi Corporation — Series B, Series C, Series D
- Focus Ventures (https://capitalatlas.ai/funds/focus-ventures) — Series C, Series D
- IPV Capital Partners (https://capitalatlas.ai/funds/ipv-capital-partners) — Series C
- VentureTech Alliance (https://capitalatlas.ai/funds/venturetech-alliance) — Series C
- NEC Corporation of America — Series C
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series D
- ITOCHU Technology Ventures (https://capitalatlas.ai/funds/itochu-technology-ventures) — Series D
- Technology Alliance Investment (https://capitalatlas.ai/funds/technology-alliance-investment) — Series D
- Vision Venture Capital — Series D
- The Galleon Group (https://capitalatlas.ai/funds/the-galleon-group) — Series D