About Blecon
Blecon is a company based in Cambridge (United States) founded in 2021 by Dan Ros and Donatien Garnier.. Blecon has raised $4.6 million across 1 funding round from investors including MMC Ventures. Blecon offers products and services including Blecon Networks, Blecon Hotspots, and Cloud Connectivity. Blecon operates in a competitive market with competitors including Cassia Networks, Atmosic, Silex Technology, Suzhou Peelin Network Technology and Xi'an Yunjing Zhiwei Technology, among others.
- Headquarter Cambridge, United States
- Founders Dan Ros, Donatien Garnier
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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
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- Legal Name Blecon Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.6 M (USD)
in 1 rounds
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Latest Funding Round
$4.6 M (USD), Seed
Oct 09, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Blecon
Blecon offers a comprehensive portfolio of products and services, including Blecon Networks, Blecon Hotspots, and Cloud Connectivity. 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.
Enables secure device identity and bi-directional cloud communication.
Facilitates Bluetooth connectivity for devices to cloud services.
Supports seamless linking of BLE devices with various cloud platforms.
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Funding Insights of Blecon
Blecon has successfully raised a total of $4.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.6 million completed in October 2024. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $4.6M
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First Round
First Round
(09 Oct 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Seed - Blecon | Valuation | MMC Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Blecon
Blecon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MMC Ventures. 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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Seed and series-A investments are made in technology companies.
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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 Blecon
| 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 |
Financial Statements - Blecon
| 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 |
Blecon Comparisons
Competitors of Blecon
Blecon 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 Cassia Networks, Atmosic, Silex Technology, Suzhou Peelin Network Technology and Xi'an Yunjing Zhiwei Technology, 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 |
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| domain | founded_year | HQ Location |
Bluetooth router technology is provided for IoT device connectivity.
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| domain | founded_year | HQ Location |
Ultra-low power Bluetooth modules for IoT wireless applications are developed.
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| domain | founded_year | HQ Location |
Networking technology solutions are developed and provided by the company.
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| domain | founded_year | HQ Location |
Delivers advanced Bluetooth-based connectivity solutions for IoT applications.
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| domain | founded_year | HQ Location |
Indoor positioning system for retails stores, malls, and other public gathering spaces
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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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Frequently Asked Questions about Blecon
When was Blecon founded?
Blecon was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Blecon located?
Blecon is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Blecon a funded company?
Blecon is a funded company, having raised a total of $4.6M across 1 funding round to date. The company's 1st funding round was a Seed of $4.6M, raised on Oct 09, 2024.
What does Blecon do?
Blecon was founded in 2021 by co-founders Dan Ros and Donatien Garnier in Cambridge, United States. Bluetooth connectivity systems are developed to allow physical products to interface with cloud applications. Operations focus on the IoT sector, where secure and efficient wireless links are provided for device integration. Services include hardware and software solutions tailored for embedded systems in various industries.
Who are the top competitors of Blecon?
Blecon's top competitors include Cassia Networks, Atmosic and Silex Technology.
What products or services does Blecon offer?
Blecon offers Blecon Networks, Blecon Hotspots, and Cloud Connectivity.
Who are Blecon's investors?
Blecon has 1 investor. Key investors include MMC Ventures.
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