|Venture Round, 4/2004 |
General Catalyst Partners
|Venture Round, 10/2009 ||$10.5M|
|Venture Round, 1/2012 ||$5.5M|
Started in 1948 by MIT professors, BBN Technologies has churned out technologies ranging from packet switching (1969) to the first network email (1971) to the first router (1976). The legendary R&D organization changed hands several times, most recently being acquired by Raytheon on September 1, 2009, following a management-led buyout from Verizon five years earlier. With expertise spanning information security, speech and language processing, networking, distributed systems, and sensing and control systems, BBN scientists and engineers have amassed a substantial collection of innovations and patented solutions.