Stealthy Beaumaris Networks Banks $9M, Appears to Be Expanding in China

Beaumaris Networks, a surreptitious startup developing technology for video service providers, has raised just shy of $9 million in a planned $10 million funding round, according to an SEC filing. The Boxborough, MA-based firm, which was launched in February 2009, also says on its website that it has a research and development operation in Beijing.

The regulatory filing doesn’t specify who invested in Beaumaris. However, it does say that Louis Toth, a senior managing director of Comcast Interactive Capital, and Bruce Sachs, a partner at Charles River Ventures, are members of the startup’s board of directors. Waltham, MA-based Charles River previously invested in the firm’s Series A funding round revealed in June 2009. Conrad Clemson, the company’s CEO, is a former entrepreneur-in-residence at the venture firm.

Beaumaris didn’t immediately reply to an e-mail inquiry this morning.

The company appears to have grown substantially since June 2009, when its LinkedIn profile said it had a mere six employees. Today, the profile lists 40 employees. Based on all the Chinese-language job ads we found for the company last June, it’s possible that some of those new hires were for its Beijing R&D operation. Impressively, it appears that the startup has also added the venture capital affiliate of the Philadelphia-based cable services giant Comcast (NASDAQ:[[ticker:CMCSA]]) to its syndicate of investors.

We’ll provide updates on this company as we learn more about its stealthy operations and technology.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.