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Redback Networks  (Stock symbol: RBAK ) Acquired by Ericsson (2006 $ 2,100,000,000 )

100 Headquarters Drive
San Jose, CA 95134
Website Company Summary Management Team

Outside board: (May no longer be on the board) William H Kurtz (Engenio Information Technologies CFO) Kevin A DeNuccio (Redback Networks Vice Chairman) Martin A Kaplan (Viavi Solutions);  Roy D Behren (Westchester Capital Management);  John Drew (TCV);  David C Friezo (Lydian Asset Management);  Paul Giordano (Creedon Keller & Partners)

Business description: Redback Networks Inc., enables carriers and service providers to build profitable next-generation broadband networks by reducing operational expenses and increasing potential revenue per subscriber. The company offers industry-leading solutions for the edge of the network - subscriber management, edge router, next-generation SONET/SDH transport, and a comprehensive set of network provisioning and management software. The Redback® SMS™ platform, Redback's industry-leading family of subscriber management systems, has established a new category of solutions that enables service providers and carriers to provision, aggregate and manage broadband, leased-line and dial-up subscribers and services via a single, unified platform. The SmartEdge™ 800 Router is a platform purpose-built for the network's edge with a keen focus on establishing high availability, scalability and flexibility. This is the first platform in the industry that boasts a true operating system for the aggregation layer of the network - the Aggregation Operating System (AOS), built from the ground up at Redback. Redback's NetOp™ Element Management System (EMS) provides a graphical user interface (GUI) to ease the management burden.
Customers include: Covad Communicatons MegaPath NetworksPCCW Verizon;  Arcor ;  Aubeta Networks ;  Beaver Creek Telephone Company ;  Belgacom ;  Bezeq ;  Bosnia Herzegovina Telecom;  China Netcom ;  China Netcom’s Liaoning Communication;  China Telecom ;  Chunghwa Telecom;  Golden Belt Telephone;  Guangdong Telecom ;  Jordan Telecom ;  Kazakhtelecom ;  Korea Telecom;  KPN ;  LightPoint Communications;  MobiStar ;  Moscow City Telephone Network;  Neuf Cegetel ;  North American Telecom ;  Opal Telecom ;  Pioneer Telephone Cooperative ;  PowerCom Network Hong Kong ;  Telefonica Germany ;  Thai TelephoneAndTelecommunication;  True Corporation Public Company ;  Turk Telecom;  Vanco ;  WOBCOM;  XTS Telecom ;  Zhejiang Telecom
Partners include: 3ComAdvanced Fibre CommunicationsAmeritechBlue Coat SystemsDiamond Lane CommunicationsHP NokiaNortel NetworksWestell Technologies;  Broadband Services Forum;  DSL Forum;  Dynavar Networking ;  ECI Telecom;  Isocore;  Kisan Telecom ;  Orca Interactive;  StarCom;  TS Telecom;  USTA

Rounds: 5
Recent Fundings: Jan 2004
Capital raised: 49.5M
Last Round: 30.0M
Ownership: Acquired by Ericsson (2006 $ 2,100,000,000 )
Stock Symbol: RBAK
Corporate investors: Nokia

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Record updated: Dec 2006
Sector: Communications
Year Founded: 1996
Headcount: 501-600 as of Nov 2003
Rounds: 5
Recent Fundings: Jan 2004
Capital Raised: 49.5M
Last Round: 30.0M
Ownership: Acquired by Ericsson (2006 $ 2,100,000,000 )
Stock Symbol: RBAK