Fundraising Fox
Actelis Networks
OTC: ASNSFremont, US · Founded 1998 · Delaware corporation · 89 employees on LinkedIn · 10 known investors
Find your way into Actelis Networks
Sign up to see every warm intro you have to Actelis Networks
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Actelis Networks team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Actelis provides networking technology that it calls NetScience, using hybrid fiber-copper connections to deliver high-bandwidth, encrypted monitoring and control over existing and new networks. It serves industrial, commercial, and educational customers as well as service providers connecting IP and IoT systems.
Founders & leadership
Actelis Networks was founded in 1998 by Tuvia Barlev.
TB
Tuvia BarlevCo-Founder, Chairman and CEOTuvia Barlev has held executive positions spanning R&D, CTO, Chairman, and CEO roles across multiple technology companies in communications and signal processing, overseeing product sales exceeding $1 billion. He has mentored entrepreneurs across diverse technology sectors including storage, cloud computing, advanced batteries, and identity authentication.
HK
Hemi KabirVP Operations at Actelis NetworksHemi Kabir brings over 20 years of experience in operations and supply chain management across telecommunications and manufacturing sectors, including prior roles at Nokia Siemens Networks, Atrica Networks, Teledata Networks, and Better Place IL, where he directed global supply chain and operations. At Actelis Networks, he leads global operations, supply chain management, purchasing, quality assurance, and engineering.
YA
Yaron AltitExecutive Vice President International SalesYaron Altit is a senior sales executive with over 30 years of experience in go-to-market strategy and business development for network infrastructure and communications technology across telecom, transportation, IoT, utilities, and defense sectors, with responsibility for P&L in EMEA and APAC regions and a track record building partnerships with tier-1 vendors and telecommunications operators.
BH
Bret HarrisonSenior Vice President of Sales (SVP Sales) | Cybersecurity & Telecom2023–2026Bret Harrison has held VP and SVP Sales roles at Check Point Software, Palo Alto Networks, NCR Corporation, and Avaya, with over 20 years of enterprise technology sales and go-to-market leadership experience.
ED
Elad DomanovitzAlgorithms team leader2009–2017Elad Domanovitz is an executive at Actelis Networks with background in R&D and academic training in information theory, signal processing, and communications technology.
YE
Yoav EfronDeputy CEO, CFOHe brings more than 20 years of experience in corporate finance across public, private equity, venture, and debt-backed enterprises.
MD
Mark DeVolChief Revenue Officer (CRO) AmericasMark DeVol is Chief Revenue Officer for Americas at Actelis Networks, bringing over 30 years of sales leadership experience in defense, federal civilian, and public sector markets.
Board
GM
Gideon MarksBoard director
RV
Ram VromenBoard director
YG
Yariv GilatBoard director
Investors · 10
Saints Capitallisted by Saints CapitalDenver
How we know: Saints Capital's portfolio page · actelis.com · Not right? Tell us
Western Technology Investmentlisted by Western Technology InvestmentPortola Valley
How we know: westerntech.com · Not right? Tell us
Also in the syndicate · 5
ATA VenturesleadDupont Capital ManagementInnovacom Venture CapitalThe Carlyle GroupVertex
Funding
SEC filings, press & company announcements$10.3M disclosed across 6 of 8 rounds · 2005–2025
- Undisclosed amountSeries DFeb 2005
ATA Ventures (lead), Dupont Capital Management, Innovacom Venture Capital, New Enterprise Associates, The Carlyle Group, Vertex, Walden International
Source ↗
▶$850KraisedOct 2025 · 1 investors · TelecommunicationsRule 506(b)
▶$850KraisedOct 2025 · 1 investors · Telecommunications
Rule 506(b)Officers, directors & promoters on the filing
- Tuvia BarlevExecutive Officer, Director
- Mark DeVolExecutive Officer
- Julie KunstlerDirector
- Gideon MarksDirector
- Niel RansomDirector
- Elad DomanovitzExecutive Officer
- Yaron AltitExecutive Officer
- Yoav EfronExecutive Officer
- Michal Winkler-SolomonExecutive Officer
- Eyal AharonExecutive Officer
- Hemi KabirExecutive Officer
- Offering amount
- $850K
- Amount sold
- $850K
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$30MofferedOct 2025 · 1 investors · TelecommunicationsRule 506(b)
▶$30MofferedOct 2025 · 1 investors · Telecommunications
Rule 506(b)Officers, directors & promoters on the filing
- Michal Winkler-SolomonExecutive Officer
- Yoav EfronExecutive Officer
- Hemi KabirExecutive Officer
- Niel RansomDirector
- Gideon MarksDirector
- Tuvia BarlevExecutive Officer, Director
- Julie KunstlerDirector
- Mark DeVolExecutive Officer
- Eyal AharonExecutive Officer
- Elad DomanovitzExecutive Officer
- Yaron AltitExecutive Officer
- Offering amount
- $30M
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.5MraisedSep 2025 · 1 investors · TelecommunicationsRule 506(b)
▶$2.5MraisedSep 2025 · 1 investors · Telecommunications
Rule 506(b)Officers, directors & promoters on the filing
- Michal Winkler-SolomonExecutive Officer
- Eyal AharonExecutive Officer
- Niel RansomDirector
- Tuvia BarlevExecutive Officer, Director
- Hemi KabirExecutive Officer
- Bret HarrisonExecutive Officer
- Elad DomanovitzExecutive Officer
- Yoav EfronExecutive Officer
- Mark DeVolExecutive Officer
- Yaron AltitExecutive Officer
- Gideon MarksDirector
- Julie KunstlerDirector
- Offering amount
- $2.5M
- Amount sold
- $2.5M
- Sales commissions
- $126.4K
- Placement agents
- Rodman & Renshaw, LLC, H.C. Wainwright & Co., LLC
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1MraisedJul 2025 · 3 investors · TelecommunicationsRule 506(b)
▶$1MraisedJul 2025 · 3 investors · Telecommunications
Rule 506(b)Officers, directors & promoters on the filing
- Julie KunstlerDirector
- Eyal AharonExecutive Officer
- Tuvia BarlevExecutive Officer, Director
- Hemi KabirExecutive Officer
- Gideon MarksDirector
- Yaron AltitExecutive Officer
- Bret HarrisonExecutive Officer
- Niel RansomDirector
- Elad DomanovitzExecutive Officer
- Michal Winkler-SolomonExecutive Officer
- Yoav EfronExecutive Officer
- Offering amount
- $1M
- Amount sold
- $1M
- Sales commissions
- $70K
- Placement agents
- H.C. Wainwright & Co., LLC
- First sale
- Jun 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2MraisedFeb 2016 · 21 investors · OtherRule 506(b)
▶$2MraisedFeb 2016 · 21 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Zohar AlonDirector
- Israel NivDirector
- Ram VromenDirector
- Tuvia BarlevExecutive Officer, Director
- Yariv GilatDirector
- Offering amount
- $3M
- Amount sold
- $2M
- First sale
- Feb 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3MraisedMar 2015 · 24 investors · OtherRule 506(b)
▶$3MraisedMar 2015 · 24 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Ram VromenDirector
- Tuvia BarlevExecutive Officer, Director
- Israel NivDirector
- Yariv GilatDirector
- Zohar AlonDirector
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Feb 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$859.5KraisedApr 2014 · 25 investors · OtherRule 506(b)
▶$859.5KraisedApr 2014 · 25 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Robin MurrayDirector
- Frederic VeyssiereDirector
- Ghia GriarteDirector
- Tuvia BarlevExecutive Officer, Director
- Martin KaplanDirector
- Hatch GrahamDirector
- Jere DrummondDirector
- Kamran ElahianDirector
- Offering amount
- $3M
- Amount sold
- $859.5K
- First sale
- Mar 2014
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed events$67.5Mvaluation at IPOMay 2022 · $4.00/share · 424B4
filing ↗Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Related companies · 5
CiscoCisco Systems designs and sells networking hardware, software, and services—including routers, switches, and cloud-based applications—to enterprise, service provider, and consumer markets globally.
NETGEAR, Inc.NETGEAR designs and delivers networking solutions including routers, switches, and related hardware for consumer and enterprise customers seeking reliable connectivity, security, and digital collaboration.
LightyearLightyear provides software solutions to improve B2B telecommunications operations, addressing inefficiencies in a largely static industry. The company serves telecom vendors and operators seeking to modernize their systems and customer relationships.
SpiceworksSocial business network for IT that is transforming how $1 trillion worth of technology products and services is marketed and sold each year to small and mid-sized businesses worldwide.
Palo Alto NetworksPalo Alto Networks provides cybersecurity platforms and services to protect organizations' digital infrastructure across cloud, network, and security operations. The company serves enterprise organizations, governments, financial institutions, utilities, and healthcare providers globally.
Companies working in the same space as Actelis Networks.
In the news
Frequently asked questions
- What does Actelis Networks do?
- Actelis provides networking technology that it calls NetScience, using hybrid fiber-copper connections to deliver high-bandwidth, encrypted monitoring and control over existing and new networks. It serves industrial, commercial, and educational customers as well as service providers connecting IP and IoT systems.
- Who founded Actelis Networks?
- Actelis Networks was founded by Tuvia Barlev in 1998.
- Who are Actelis Networks's investors?
- Actelis Networks's investors include Saints Capital, Western Technology Investment, Adams Street Partners, New Enterprise Associates (NEA), Walden International.
- How much funding has Actelis Networks raised?
- Actelis Networks has disclosed $10.3M raised across 6 of its 8 known rounds.
- Where is Actelis Networks headquartered?
- Actelis Networks is headquartered in Fremont, US.