About BLUETOWN
BLUETOWN is a company based in Copenhagen (Denmark) founded in 2006.. BLUETOWN has raised $43.85 million across 9 funding rounds. The company has 33 employees as of April 07, 2024. BLUETOWN offers products and services including Wi-Fi Base Station and Local Cloud. BLUETOWN operates in a competitive market with competitors including Redline Communications, EdgeQ, Teltronic, AirNet Communications Corporation and RadioFrame, among others.
- Headquarter Copenhagen, Denmark
- Employees 33 as on 07 Apr, 2024
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Sectors
Telecommunications
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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 Bluetown (India) Private Limited
- Date of Incorporation 22 Jan, 2016
- Jurisdiction Delhi, India
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Annual Revenue
$1.08 M (USD)212.28as on Mar 31, 2023
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Net Profit
$-482.94 K (USD)77.26as on Mar 31, 2023
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EBITDA
$-162.62 K (USD)90.09as on Mar 31, 2023
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Total Equity Funding
$43.85 M (USD)
in 9 rounds
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Latest Funding Round
$1.73 M (USD), Series B
Nov 17, 2020
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Investors
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Employee Count
33
as on Apr 07, 2024
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Products & Services of BLUETOWN
BLUETOWN offers a comprehensive portfolio of products and services, including Wi-Fi Base Station and Local Cloud. 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.
Solar-powered station for high-speed rural internet access.
Platform providing e-learning and e-health resources remotely.
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Funding Insights of BLUETOWN
BLUETOWN has successfully raised a total of $43.85M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $1.73 million completed in November 2020. 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 9
- Last Round Series B — $1.7M
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First Round
First Round
(05 May 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series B - BLUETOWN | Valuation |
investors |
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| Jun, 2019 | Amount | Series B - BLUETOWN | Valuation |
investors |
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| Jul, 2018 | Amount | Series B - BLUETOWN | Valuation |
investors |
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| 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 |
Investments & Acquisitions by BLUETOWN
| 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 - BLUETOWN
| 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 |
Bluetown Comparisons
Competitors of BLUETOWN
BLUETOWN 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 Redline Communications, EdgeQ, Teltronic, AirNet Communications Corporation and RadioFrame, 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 |
Broadband wireless systems provider
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| domain | founded_year | HQ Location |
Software-customizable and programmable solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Communication equipment for TETRA, P25, LTE technologies
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| domain | founded_year | HQ Location |
IP-based wireless base stations and telecom infrastructure are manufactured.
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| domain | founded_year | HQ Location |
Radio access solutions are developed for mobile network operators.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Bluetown
Frequently Asked Questions about BLUETOWN
When was BLUETOWN founded?
BLUETOWN was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Where is BLUETOWN located?
BLUETOWN is headquartered in Copenhagen, Denmark.
Is BLUETOWN a funded company?
BLUETOWN is a funded company, having raised a total of $43.85M across 9 funding rounds to date. The company's 1st funding round was a Series B of $10.76M, raised on May 05, 2011.
How many employees does BLUETOWN have?
As of Apr 07, 2024, the latest employee count at BLUETOWN is 33.
What is the annual revenue of BLUETOWN?
Annual revenue of BLUETOWN is $1.08M as on Mar 31, 2023.
What does BLUETOWN do?
BLUETOWN was founded in 2006 in Copenhagen, Denmark, and operates in the telecommunications sector. Cost-effective Wi-Fi base station solutions are provided to operators and internet service providers, enabling affordable connectivity in rural areas worldwide. The flagship product consists of a fully solar-powered base station that generates a 1 km diameter Wi-Fi hotspot. Connections to existing networks are facilitated through wireless, fiber, satellite backhaul, balloons, or drones.
Who are the top competitors of BLUETOWN?
BLUETOWN's top competitors include Redline Communications, EdgeQ and Teltronic.
What products or services does BLUETOWN offer?
BLUETOWN offers Wi-Fi Base Station and Local Cloud.
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