Global Crossing Ventures potential to significantly impact the Internet or communications sectors.
Global Crossing Ventures, Inc. focuses its investment strategy on entrepreneurs whose services, equipment, or applications have the potential to significantly impact the Internet or communications sectors. They have a special interest in companies facilitating the convergence of the two. They prefer development-stage investments in companies whose primary target market is commercial, particularly the carrier market. Through their relationship with Global Crossing Ventures, Inc., their portfolio companies gain unrestricted access to a wide range of resources - through both the Global Crossing Ventures team and their parent company, Global Crossing. Essential to the success of a high-potential enterprise, these resources include strategic sales and marketing, engineering and product development, business planning and analysis, and financial expertise.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Nov 9, 2000
Pluris
|
Series D | $100M | Information Technology | — |
Oct 16, 2000
Villagenetworks
|
Series B | $40M | Information Technology | — |
Jun 21, 2000
Granite Systems
|
Private Equity(PE) | $20M | Service Industry | — |
May 14, 2000
Cereva Networks
|
Series B | $58.50M | Content | — |
Mar 14, 2000
CCC Network Systems
|
Series Unknown | $16.50M | E-Commerce | — |
Global Crossing Ventures has had 2 exits. Global Crossing Ventures most notable exits include Granite Systems , Sonus Networks
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
May 5, 2004 | Granite Systems | M&A | Service Industry | Detail |
Jun 2, 2000 | Sonus Networks | IPO | Communications Infrastructure | Detail |