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.
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