Zhone
| Company type | Private |
|---|---|
| Industry | Computer networking |
| Founded | 1999 |
| Founder | Jeanette Symons, Mory Ejabat, Robert Dahl |
| Defunct | 2016 |
| Fate | Merged with DASAN Network Solutions to form DZS |
| Headquarters | United States |
Key people | Jeanette Symons (co-founder, deceased 2008) |
| Products | Networking equipment |
Zhone Technologies, Inc. was a company specializing in computer networking, established in 1999.
In 2016, it combined forces with DASAN Network Solutions, resulting in the creation of DZS.
History
In September 1999, former Ascend Communications leaders Jeanette Symons, Mory Ejabat, and Robert Dahl founded Zhone Technologies. The enterprise gained financial support from Richard McGinn, a former executive at Lucent Technologies, along with funding from several venture capital firms.
During 2000, investments included $55 million from New Enterprise Associates, $50 million from CalPERS, and $150 million each from Texas Pacific Group and KKR. Additionally, insiders from Ascend contributed $50 million. Forbes highlighted the scarcity of direct competitors for Zhone during that period. Tragically, co-founder Symons lost her life in a plane accident in February 2008.
| Logo | Company | Date | Sum (million USD) |
|---|---|---|---|
| Premisys Communications Inc. | October 1999 | 248 | |
| CAG Technologies | November 1999 | 8.8 | |
| OptaPhones Systems | February 2000 | 2.2 | |
| Roundview | February 2000 | 0.3 | |
| Various product lines from Nortel | 2001 | Undisclosed | |
| Xybridge | February 2001 | 72.7 | |
| Vpacket | July 2002 | 19.2 | |
| Tellium | 2003 | 180 | |
| NEC Eluminant | 2003 | 13.6 | |
| Gluon Networks | 2004 | 7 | |
| Sorrento | 2004 | 37 | |
| Paradyne Networks, Inc. | July 2005 | 183.6 |
External links
- Official website (archived)