# Terawave Communications

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

- Industry: Business Support Services
- Headquarters: Hayward, US
- Website: www.terawave.com
- Total disclosed funding: $104M
- Latest round: Series A (Sep 12, 2005)
- Investors on record: 13

## About

Terawave Communications provides innovative software solutions aimed at enhancing data analytics and process automation for businesses, improving their operational efficiency across various sectors.Terawave Communications, founded in 1998 in Hayward, US, specializes in software solutions for data analytics and process automation. The company was acquired by Occam Networks Inc. in October 2007 for USD 3.2 mn. The CEO, Ray Lin, leads the firm through its strategic initiatives, focusing on expanding its presence in technology-driven markets.The company specializes in a suite of innovative products designed to address specific challenges faced by businesses in various sectors. Their core offerings include advanced software solutions tailored for data analytics and process automation, enabling organizations to enhance operational efficiency and make data-driven decisions. The software was launched in 2021 and has since gained traction across multiple industries, including finance, healthcare, and retail. The end users, such as data analysts and business managers, benefit from streamlined processes and insightful analytics that support strategic planning. The company's products serve a diverse client base, including small to medium-sized enterprises and large corporations, with a notable presence in North America and Europe, catering to the evolving needs of technology adoption in these markets.The company generates revenue primarily through a subscription-based model for its software solutions, allowing clients to access the services on a recurring basis. Transactions typically involve annual contracts that include various tiers of service, providing clients with flexibility based on their operational needs. For example, a flagship product may be offered in three different pricing plans, catering to varying levels of usage and additional features. Clients can opt for strategic partnerships that enhance service offerings or choose direct-to-consumer sales through platforms that simplify access to the company's products. This structured approach facilitates stable revenue generation while ensuring clients receive tailored solutions that align with their business objectives.Terawave Communications aims to leverage its recent acquisition by Occam Networks Inc. to bolster its product development and market reach. The company is currently designing new software solutions set to launch in the upcoming year, targeting further expansion into North America and Europe by the end of 2023. The funding from its latest deal in October 2007, where USD 3.2 mn was raised, will be utilized to enhance product development and support its entry into new markets.

## Funding rounds

- Series A, Sep 12, 2005, $17M — Alta Partners, InterWest Partners, Walden VC
- Series E, Apr 4, 2003, $14M — Alta Partners, Lightspeed Venture Partners, The Walden Group, Goldman Sachs Asset Management
- Series C, Jan 11, 2001, $73M — SG Growth Capital, ABB Asea Brown Boveri Ltd., Samsung C&T Corporation, WOORI Venture Partners, Presidio Ventures, Shaw Ventures, Samsung America

## Investors

- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series C
- ABB Asea Brown Boveri Ltd. — Series C
- Samsung C&T Corporation — Series C
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series C
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series C
- Shaw Ventures — Series C
- Samsung America — Series C
- Alta Partners (https://capitalatlas.ai/funds/alta-partners) — Series E, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series E
- The Walden Group — Series E
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series E
- InterWest Partners (https://capitalatlas.ai/funds/interwest-partners) — Series A
- Walden VC (https://capitalatlas.ai/funds/walden-vc) — Series A