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Mahi Networks  Acquired by Meriton Networks (2005 )

1039 North McDowell Blvd
Petaluma, CA 94954
Website Company Summary Management Team

CEO: Bill Cadogan (10/25/04)
Sales/Marketing: Ashish Vengsarkar
Not listed on the website: (May no longer be at the company) Al Porta*;  Rick LaDuca*;  Terry White*;  Tim Chappell*

Outside board: (May no longer be on the board) Christopher J Rust (US Venture Partners) Bandel L Carano (Oak Investment Partners);  Zelika Matutinovic (Jerusalem Global Ventures);  Ben Terk (Rho Partners)

Business description: The Mahi Networks Mi7™ Optical Transport Switch. Optimized for metro core transport networks, it’s ready to take carriers to a highly simplified and cost-effective infrastructure. The Mi7 effortlessly makes metro core transport networks more economical, working with the installed base of SONET technologies that interconnect large central offices and reducing the need for continuous and expensive upgrades. With a system architecture that incorporates efficient IP routing mechanisms, the Mi7 helps carriers with voice-oriented networks to offer Ethernet and multi-protocol services from the same platform. And powerfully combining multiple voice- and data-oriented technologies allows the Mi7 to automate numerous processes, such as route discovery, service planning and circuit provisioning - simplifying and dramatically reducing the cost of operating and scaling metro core networks.
Customers include: SCANA;  Buckeye Telesystem
Partners include: NECRBNTurin Networks;  ANDA;  Covaro;  Mintera;  Mitsui USA;  Overture Networks;  Wellink;  White Rock Network

Rounds: 5
Recent Fundings: May 2004   Jun 2002
Capital raised: 255.0M
Last Round: 70.0M
Ownership: Acquired by Meriton Networks (2005 )
Corporate investors: Time Warner;  Worldcom Ventures;  DeutscheTelekom;  GE CapitalMitsuiAndCo.

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Record updated: Mar 2005
Sector: Communications
Year Founded: 1999
Headcount: 151-200 as of Aug 2004
Rounds: 5
Recent Fundings: May 2004   Jun 2002
Capital Raised: 255.0M
Last Round: 70.0M
Ownership: Acquired by Meriton Networks (2005 )