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Actelis Networks has raised $32.0M across 2 funding rounds.
Key people at Actelis Networks.
Actelis Networks was founded in 1998 by Kamran Elahian (Co-Founder & Chairman).
Actelis Networks has raised $32.0M in total across 2 funding rounds.
Based in Fremont, California, Actelis Networks develops cyber-hardened, hybrid fiber-copper networking equipment that extends high-speed broadband connectivity over existing wiring infrastructure for complex IoT and telecommunications deployments. The hardware manufacturer provides industrial switches, aggregation nodes, and proprietary network management software to telecommunications providers, municipal governments, and regional utility operators. Actelis serves a diverse global client base that prominently includes the United States military, international intelligent transportation systems, and various commercial aviation operators. Operating with fewer than 100 employees, the enterprise generates between $5 million and $10 million in annual revenue while supporting over 350 distinct customers across 45 different countries. The organization completed its initial public offering in May 2022 and currently trades on the NASDAQ exchange under the ticker symbol ASNS. Actelis Networks was officially founded in 1998 by Tuvia Barlev and Kamran Moallemi.
Actelis Networks is a networking company that builds cyber‑hardened hybrid fiber–copper and fiber networking solutions to deliver near‑gigabit, rapid‑deployment connectivity for IoT, transportation, utilities, government and campus applications worldwide[2][3].
High-Level Overview
Actelis designs, manufactures and markets hybrid fiber/copper networking products and management software that enable rapid, secure, cost‑effective deployment of wide‑area IoT and critical communications when new fiber is costly or slow to deploy[1][2].Its solutions (Ethernet access devices, aggregator switches, MetaShield security and the MetaLIGHT/GigaLine management platform) are targeted at system integrators, service providers, utilities, transportation agencies, federal/state/local governments, military and large campuses[1][2].The company’s value proposition is lowering CapEx/accelerating deployments by upgrading existing copper/coaxial lines to fiber‑grade performance while providing hardened security and remote management—supporting applications such as intelligent traffic systems, public safety, utility telemetry, rail and multi‑dwelling broadband[2][3].
Origin Story
Actelis was incorporated in 1998 and is headquartered in Fremont, California[1].The company was founded to exploit “hybrid fiber‑copper” techniques that squeeze gigabit‑class performance from existing infrastructure; its leadership emphasizes rapidly enabling fiber‑grade connectivity without wholesale cable replacement[2][3].Over time Actelis expanded its product set to include hardened, standards‑based Ethernet access devices, network aggregation switches and element‑management/analytics software and has pursued markets in federal/military, transportation, utilities and service providers, adding certifications and targeted wins for critical infrastructure modernization[1][4].
Core Differentiators
Role in the Broader Tech Landscape
Actelis rides multiple structural trends: the push to connect IoT and OT devices across wide areas, budget pressures that favor reuse of existing infrastructure, and heightened demand for cyber‑hardened networks in critical infrastructure and government[2][3].Timing matters because municipalities, utilities and transportation agencies increasingly require rapid, secure connectivity for smart city, ITS and telemetry projects while minimizing civil works and disruption[4].Market forces in its favor include growing IoT/edge deployments, constrained public budgets for new fiber, and regulatory/operational pressure to harden networks supporting safety‑critical systems[2][4].By enabling upgrades instead of full rebuilds, Actelis can accelerate project rollouts and influence systems integrators and carriers to consider hybrid upgrades as a pragmatic path to modern connectivity[3].
Quick Take & Future Outlook
Actelis’s near‑term opportunities lie in scaling wins in transportation, utilities and federal modernization projects, and expanding service‑provider and MDU broadband use cases where fast time‑to‑service matters[4][1].Key trends that will shape its trajectory include continued IoT/OT growth at the edge, increasing requirements for network security and resilience, and the economics of fiber deployment versus hybrid upgrades[2][4].If Actelis continues to secure vertical certifications and referenced orders (military, FAA, utilities, carriers) and pairs its hardware with stronger analytics/AI‑driven management, it can strengthen its position as a pragmatic alternative to full fiber buildouts and deepen influence among system integrators and public agencies[4][3].
Quick reference: incorporated 1998; headquartered in Fremont, CA; core offering = cyber‑hardened hybrid fiber/copper networking plus management software for IoT, transportation, utilities and government customers[1][2][3].
Key people at Actelis Networks.
Actelis Networks has raised $32.0M across 2 funding rounds. Most recently, it raised $10.0M Series U in September 2009.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2009 | $10M Series U | — | Adams Street Partners, UP.Partners | Announced |
| Dec 1, 2006 | $22M Series E | — | Adams Street Partners, UP.Partners | Announced |
Actelis Networks was founded in 1998 by Kamran Elahian (Co-Founder & Chairman).
Actelis Networks has raised $32.0M in total across 2 funding rounds.
Actelis Networks's investors include Adams Street Partners, UP.Partners.
