Exclusive: Microwave Maven Exalt Is Cooked

Microwave maven Exalt Communications appears to have shut up shop after 10 years in the backhaul business, Light Reading has learned.

Industry sources say Exalt Communications Inc. has gone under. The company was started in 2004 by Western Multiplex president Amir Zoufonoun, who acted as CEO from the beginning, and was focused on selling microwave backhaul to mobile operators and wireless ISPs. (See Exalt Beams Up Microwaves and US Wireless ISPs: What's on Their Minds?.)

Multiple calls by Light Reading to the Campbell, Calif.-based company's main switchboard were sent straight to voicemail Monday afternoon. The customer care support line also goes to voicemail.

"Their office doesn't seem to be open... doors closed and parking lot empty," says one source, who had heard the company may be undergoing a change of ownership.

Pam Valentine, VP of outbound marketing at Exalt, meanwhile, is still listed on the website as the media contact for the company, but left this month, according to her LinkedIn profile. She has not responded to calls or an email from Light Reading as this article was published.

Hey, backhaul sounds like a fun business to be in doesn't it? Find out more by visiting Light Reading's dedicated backhaul channel.

The company's last update on its own LinkedIn page was posted five months ago and its last press release was issued on July 16.

CEO Zoufonoun, however, is still currently listed as the head of the company on his LinkedIn profile.

The company had raised almost $30 million in VC funding. The last $15 million series C round was closed in February 2009.

On its website the company, which competes with the likes of Ceragon Networks Ltd. (Nasdaq: CRNT), DragonWave Inc. (AIM/Toronto: DWI; Nasdaq: DRWI) and Siklu Communications Ltd. among others, claims to have more than 2,000 customers globally, though it seems many of these may be enterprise customers and very small ISPs. (See Exalt Raises $15M.)

We'll update the story with any further details that come in.

— Dan Jones, Mobile Editor, Light Reading

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DS53 9/25/2014 | 12:57:54 AM
Re: Shady? According to sources it seems they ave not gone out of business, but they are going to announce something very soon, as to how the company has changed. Seems they have been working on this and is the reason for the non replied phone calls.

Do you have anymore infromation on this ?
thebulk 9/23/2014 | 10:47:01 AM
Re: Shady? Point well taken, Seven..... 
brooks7 9/23/2014 | 10:43:56 AM
Re: Shady? Sending out a PR through PRweb and other services costs money. Would you personally pay for it if the company that you worked for went out of business? Remember they already owe people money that they can't pay. Now why would the CEO not call LR? Embarassment. Seven
thebulk 9/23/2014 | 10:30:49 AM
Re: Shady? Then, I guess they just didn't care?
DanJones 9/23/2014 | 10:22:37 AM
Re: Shady? Oh, I'm sure they saw it coming...
thebulk 9/23/2014 | 9:59:09 AM
Re: Shady? I guess, It's just hard to imagine that they did not see it coming to the point where they had no time to send out a statment. 
brooks7 9/22/2014 | 7:27:40 PM
Re: Shady? If you are out of money and not huge, its not abnormal.  If you are essentially Chapter 7, who is paying to send out the PR and why?


thebulk 9/22/2014 | 6:51:03 PM
Re: Shady? So if its not that uncommon then, I guess its not so odd, but still a bit shady. 
DanJones 9/22/2014 | 6:47:45 PM
Re: Shady? I've seen companies shut up shop with no fanfare before, I don't think its *that* uncommon.
thebulk 9/22/2014 | 6:38:05 PM
Re: Shady? Even a change of ownership or a deal falling through I would have at least thought of one last press release before they shuttered the place.

Though if the management is relaly that bad then its might be understandable to think that they just didnt care and figured it was time to go home. 
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