Diligence memo · auto-generated · as of July 3, 2026
Tierone Converged Networks Inc
Tierone Converged Networks Inc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Tierone Converged Networks Inc operates in Telecommunications, based in DALLAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Tierone Converged Networks Inc has raised $1.4M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $500K on 2008-08-26.
Most recent recorded round closed around 2009-04-16.
Valuation (modeled)modeled
Provath models Tierone Converged Networks Inc at approximately $12M (range $284K–$133M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.71× the median modeled value of Pre-Seed Telecommunications companies in 2007–2009 (44 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 17.2 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 33% of Telecommunications peers (929 compared).
Modeled value ranks above 29% of those peers.
Closest niche peers: TimeData Corp, Aeris Communications Inc, Coreoptics Inc, Cincinnati Merger Sub II LP, Steeplechase Networks, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.