Last deal

$54M

Amount

Series C

Stage

27.06.2005

Date

3

all rounds

$95M

Total amount

date founded

Financing round

General

About Company
Meriton Networks, Inc. is an Ottawa-based company that offers optical networking products and services.

Industry

Sector :

Subsector :

founded date

01.01.2000

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The company provides a range of optical networking products, including carrier ethernet transport, optical services multiplexer, optical transport platforms, and an optical switching platform. They also offer network management software, amplifiers, and accessories. Meriton Networks serves various industries such as research and education, telecom service providers, cable operators, and enterprises. They operate in multiple regions worldwide, including Canada, the United States, Europe, the Asia Pacific, and Central/Latin America.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

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announced date

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Their latest funding was raised on 27.06.2005. Their latest investor Primaxis Technology Ventures. Their latest round Series C

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type

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People

Founders
1
Hemant Kanakia
Hemant Kanakia

Hemant Kanakia

Hemant Kanakia is a Chairman at EtaCompute. Hemant previously worked at Columbia Capital as a Partner. He attended Stanford University. Kanakia has over 20 years of experience in the communications industry as an entrepreneur, executive, and most recently as an investor in early stage startups in India. Previously, Kanakia was a General Partner with Columbia Capital, a well-known U.S.-based venture capital firm. Kanakia has been on the Board of Directors of Enpirion, Teranetics, WiNetworks, and Tilera. He was previously founder and CEO of Torrent Networking Technology (acquired by Ericsson) and co-founder of Photuris (acquired by Meriton) and Gemplex, Inc. (acquired by Tata Telesystems). Prior to joining Columbia Capital, Hemant served on the Board of Directors of Photuris, Viagate, Price Hawk, Gemplex, and Torrent Networking Technology. Prior to founding Torrent, Hemant worked at AT&T Bell Laboratories and Tata Consultancy Services, India. Hemant received his B.Tech. degree from the Indian Institute of Technology, Bombay, his M.S. degree from Case Western Reserve University, and his Ph.D. degree in Electrical Engineering from Stanford University. Kanakia is a member of the board of Trustees at Case Western Reserve University. He also has been a trustee at Virginia Polytechnic, and on several other non-profit boards in past.

current job

Columbia Capital
Columbia Capital

count Of Investments

3

Hemant Kanakia

Employee Profiles
2
Hemant Kanakia

Hemant Kanakia

Co - Founder (Photuris)

Russ Jones

Russ Jones

CFO

Activity

Recent News
0