About AddSecure
AddSecure is a company based in Stockholm (Sweden) founded in 2000 was acquired by Castik Capital in September 2019.. The company has 9 employees as of February 29, 2024. AddSecure has completed 11 acquisitions, including Clifford, Connecting Solutions and Connexas. AddSecure offers products and services including IoT Connectivity, Alarm Signalling, and Fleet Management. AddSecure operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Armis Security, among others.
- Headquarter Stockholm, Sweden
- Employees 9 as on 29 Feb, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Addsecure Smart Transport A/S
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Annual Revenue
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Net Profit
$1.23 M (USD)4as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
Abry Partners
& 1 more
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Employee Count
9
as on Feb 29, 2024
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Investments & Acquisitions
Clifford
& 10 more
- Acquired by
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Products & Services of AddSecure
AddSecure offers a comprehensive portfolio of products and services, including IoT Connectivity, Alarm Signalling, and Fleet Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure management of IoT devices for reliable communications.
Solutions for intruder, fire, and technical alarms.
Tools for fleet visibility and operational productivity.
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Funding Insights of AddSecure
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AddSecure
AddSecure has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Abry Partners and Castik Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Abry Partners is engaged in middle market private equity investments.
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Founded Year | Domain | Location | |
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European private equity firm focused on long-term value creation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AddSecure
AddSecure has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Clifford, Connecting Solutions and Connexas. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fleet management and vehicle telematics solutions are provided.
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2013 | ||||
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Provider of security products and services
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2013 | ||||
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Developer of asset tracking systems
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AddSecure
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Addsecure Comparisons
Competitors of AddSecure
AddSecure operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Dialpad, Fuze, Webex and Armis Security, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Wireless security platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Zoom is recognized for providing AI-first collaboration and communication solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Addsecure
Frequently Asked Questions about AddSecure
When was AddSecure founded?
AddSecure was founded in 2000.
Where is AddSecure located?
AddSecure is headquartered in Stockholm, Sweden.
How many employees does AddSecure have?
As of Feb 29, 2024, the latest employee count at AddSecure is 9.
What does AddSecure do?
AddSecure was founded in 2000 in Stockholm, Sweden, and operates in the critical communications sector. Solutions for monitored alarms and critical IoT are offered through a communication platform, a web portal called Link Manager, and internet connectivity. Users can activate subscriptions, create VPN networks automatically, and manage permissions via these tools. The company focuses on enabling secure, self-administered connectivity for essential applications.
Who are the top competitors of AddSecure?
AddSecure's top competitors include Dialpad, Webex and Armis Security.
What products or services does AddSecure offer?
AddSecure offers IoT Connectivity, Alarm Signalling, and Fleet Management.
How many acquisitions has AddSecure made?
AddSecure has made 11 acquisitions, including Clifford, Connecting Solutions, and Connexas.
Who are AddSecure's investors?
AddSecure has 2 investors. Key investors include Abry Partners, and Castik Capital.
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