Telrad Networks
LTE Solutions for WISPs, Telcos, and Private Enterprises
Company Overview
Snapshot
Founded in August 1951, Telrad Networks operates with 201–500 employees. The company has raised a total of $66 million across 2 funding rounds from 3 investors. A significant milestone occurred in May 2022 when Telrad Networks was acquired by Liquid Intelligent Technologies.
Business overview
Telrad Networks is a telecommunications company that develops and provides LTE- and Wi-Fi-based networking solutions. The company offers a range of products, including routers, gateways, and customer premises equipment, designed to enable service providers, mobile operators, and enterprise customers to build and manage high-speed wireless networks. Telrad Networks serves markets in North America and South America, including Mexico, Israel, Peru, Paraguay, Argentina, and Chile, operating within the Industrial Technologies sector.
Strategic signal
In May 2022, Telrad Networks was acquired by Liquid Intelligent Technologies. This acquisition signals a strategic consolidation within the telecommunications infrastructure market, indicating that Telrad's LTE and Wi-Fi networking solutions are seen as valuable assets for expanding connectivity services, particularly in emerging markets. For investors, this highlights the potential for exits and strategic integrations in the wireless broadband sector.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent corporate development for Telrad Networks?
- In May 2022, Telrad Networks was acquired by Liquid Intelligent Technologies. This event marked a major transition for the company, five years after its IPO.
- When did Telrad Networks go public?
- Telrad Networks completed an Initial Public Offering (IPO) on the TASE in June 2017, raising $45 million.
- Which company did Telrad Networks acquire in May 2021?
- In May 2021, Telrad Networks acquired the business operations and WipAir portfolio of WaveIP.
- What was a key partnership announced by Telrad Networks in December 2020?
- In December 2020, Telrad Networks partnered with Mobile Tornado to provide next-generation instant communication solutions.
- Who were some of the investors in Telrad Networks' funding rounds?
- In November 2004, Telrad Networks received funding from investors including.