Arrayent

Redwood City, United States Founded: 2002 • Age: 24 yrs Acquired By Prodea
M2M platformcloud device management platform
Annual revenue - Latest available
Total funding $33.6M 5 rounds
Employees 33 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Arrayent

Arrayent is a company based in Redwood City (United States) founded in 2002 was acquired by Prodea in July 2017. Arrayent has raised $33.64 million across 5 funding rounds from investors including Comerica, Prodea and DCM. The company has 33 employees as of December 31, 2017. Arrayent operates in a competitive market with competitors including Celeno, Memfault, Xyte, Hara and Kii, among others.

  • Headquarter Redwood City, United States
  • Employees 33 as on 31 Dec, 2017
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Arrayent Inc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $33.64 M (USD)

    in 5 rounds

  • Latest Funding Round
    $15 M (USD), Series C

    Jan 21, 2016

  • Investors
    Comerica

    & 6 more

  • Employee Count
    33

    as on Dec 31, 2017

  • Acquired by
    Prodea

    (Jul 26, 2017)

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Funding Insights of Arrayent

Arrayent has successfully raised a total of $33.64M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Arrayent

Arrayent has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Comerica, Prodea and DCM.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech-focused seed, early, and mid-stage VC investments are made globally.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Early-stage funding is offered by Opus Capital for technology companies.
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Investor details for Arrayent

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Investments & Acquisitions by Arrayent

Investments
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Investment portfolio details for Arrayent

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Financial Statements - Arrayent

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Arrayent Comparisons

Arrayent Primary company
Description
M2M platform/cloud device management platform
Location
Redwood City, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
33
As of 2017
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Peer comparison for Arrayent

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Competitors of Arrayent

Arrayent 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 Celeno, Memfault, Xyte, Hara and Kii, among others.

Company Name Domain Founded year HQ Location Description
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Provides high performance WiFi chips and software
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Embedded software patch management is delivered for consumer electronics devices.
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Cloud-based servitization platform is provided for OEM connected devices.
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Energy and sustainability management is facilitated via a cloud-based platform.
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Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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Cloud-based platforms and devices for IoT remote applications are developed.
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Detailed competitors of Arrayent

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Latest news on Arrayent

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Frequently Asked Questions about Arrayent

Arrayent was founded in 2002 and raised its 1st funding round 8 years after it was founded.

Arrayent is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Arrayent is a funded company, having raised a total of $33.64M across 5 funding rounds to date.

As of Dec 31, 2017, the latest employee count at Arrayent is 33.

Cloud platform that enables manufacturers, retailers, and service providers to connect consumer products to web and smartphone applications. The platform consists of firmware, a cloud which enables device virtualisation and acts as an OS, and a mobile framework to build apps. Supports different protocols, including a proprietary one. The virtualized device in the cloud mirrors each connected physical device and manages over-the-air device firmware updates, alerts, notifications, data insights more and thus acts as a digital twin platform.

Arrayent's top competitors include Memfault, Hara and Arch Systems.

Arrayent has 7 investors. Key investors include Comerica, Prodea, DCM, Intel Capital, and Opus Capital.

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