Raytheon BBN Technologies is an R&D organization that leverages its substantial intellectual property portfolio to produce solutions.
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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 1, 2004 | Series Unknown | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
General Catalyst | — | Series Unknown |