Breadware

Reno, United States Founded: 2015 • Age: 11 yrs Acquired By StoneAge
Electronic prototyping hardware for IoT applications is provided by Bread.

About Breadware

Breadware is a Technology company based in Reno (United States) founded in 2015, and was acquired by StoneAge in March 2020. Electronic prototyping hardware for IoT applications is provided by Bread. Breadware has completed 1 acquisition, including Medium One. Breadware offers products and services including StoneAge Tools and Warthog. Its focus areas include High Tech, Internet of Things Infrastructure and IoT Development Boards & Kits. Its legal entity in India is Breadware India Private Limited (U74999KA2017FTC106195). Its competitors include Raspberry Pi, OpenBCI and Wilderness Labs; 3 of its 3 listed competitors have raised funding.

Company details

Bread Inc. was founded in 2015 and is based in Reno, United States. Hardware kits and custom PCB sensor-based prototyping solutions for IoT applications are offered. Firmware generation through a programming IDE, BLE-enabled mobile app building, and cloud or local server infrastructure provisioning are included in the solutions. Sensors supporting acceleration, rotation, proximity, temperature, humidity, and brightness are integrated, with compatibility ensured for Arduino and Raspberry Pi platforms.

  • Headquarters Reno, United States
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website breadware.com
  • Social LinkedIn X Facebook
  • Acquired by StoneAge (Mar 2020)
  • Legal Name Breadware India Private Limited
  • Date of Incorporation 07 Sep, 2017
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Indian entity net loss
    -₹2.5 Lakh

    FY 2023 · 0% margin

  • Indian entity EBITDA
    -₹52,486

    FY 2023 · 0% margin

  • Investors
  • Investments & Acquisitions
  • Acquired by
    StoneAge

    (Mar 2020)

Products & Services of Breadware

Breadware offers a comprehensive portfolio of products and services, including StoneAge Tools and Warthog.

StoneAge Tools
Hydroblasting Equipment

Automated tools for industrial cleaning and hydroblasting applications

Warthog
Sewer Nozzles

Specialized nozzles for sewer and pipe cleaning solutions

Funding Insights of Breadware

  • Total Rounds 1
  • Investors Count 3

All 1 funding rounds of Breadware with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017Seed––
Valuation history

4 investors in total: 4 institutional.

Investors in Breadware

Breadware has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Ozmen Ventures, Watershed Growth Ventures and GACAM67.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
A venture capital fund is operated for early-stage startups.
ozmenventures.comReno, United States
Live cockfighting streaming is offered by GACAM67 from Cambodia.
mwta.io
watershedgrowthventures.com
stoneagetools.com
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Investor details for Breadware

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Board of directors of Breadware India Private Limited (Breadware)

Breadware India Private Limited is the primary company behind Breadware. The board of Breadware India Private Limited currently have 2 directors; the longest-serving is Abhinav Dubey, appointed in 2017. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abhinav Dubey
DIN 07643599
Director07 Sep 20179 yrs 1 moBreadware India Private Limited
Neha Shukla
DIN 11311983
Additional Director19 Sep 20251 yr 1 moBreadware India Private Limited

People of Breadware

7 people are tracked at Breadware (1 in leadership, 6 in team).

NameRoleGroup
Kerry Siggins
CEOLeadership
Clayton Stanfield
Sales & Marketing ManagerTeam
Joe Fitzpatrick
Lead Electrical EngineerTeam
Peter Flores
Electrical EngineerTeam
SOUMYA PANDA
Hardware Design Engineer - ITeam
Tanya Cleary
Office ManagerTeam
Ryan Oddo
Product ManagerTeam
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Financials of Breadware

Figures of Breadware India Private Limited, the primary company behind Breadware, for FY 2023. Net loss was -₹2.5 Lakh (0% margin). EBITDA was -₹52,486 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.

  • -₹2.5 LakhNet loss · 0% margin
  • -₹52,486EBITDA · 0% margin
  • ₹1 LakhPaid-up capital
  • -100%Revenue CAGR, 3 years
  • -100%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Breadware India Private Limited are on its company page.

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Detailed financial statements for Breadware

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Investments & Acquisitions by Breadware

Breadware has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Medium One.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Developer of an IoT stack for application deployment
mediumone.comSanta Clara, United States2014Feb 2022β€’β€’β€’β€’
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Timeline of Breadware

4 dated milestones of Breadware across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Breadware is founded.
  2. Funding First funding round.
  3. Exit Acquired by StoneAge.
  4. Acquisition Acquires Medium One.

Competitors of Breadware

Breadware has 3 listed competitors in our database, 3 of them funded. They include Raspberry Pi, OpenBCI and Wilderness Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
raspberrypi.com2012Cambridge, United States$45M7
Provider of computing products designing, documentation, support and manufacturing of Microcontrollers
openbci.com2013Brooklyn, United States$2.06M
Open-source brain-computer interfaces are provided for biosensing and neurofeedback.
wildernesslabs.co2016Portland, United States$3.3M
IoT-enabled development boards are developed for enterprises.
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Detailed competitors of Breadware

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Top companies in Industrial IoT & Smart Manufacturing

3 companies that operate in the same segment as Breadware (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
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Related news about Breadware

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Complete news archive for Breadware

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Frequently Asked Questions about Breadware

Breadware was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Breadware is headquartered in Reno, United States. It is registered at Reno, Nevada, United States.

Bread Inc. was founded in 2015 and is based in Reno, United States. Hardware kits and custom PCB sensor-based prototyping solutions for IoT applications are offered. Firmware generation through a programming IDE, BLE-enabled mobile app building, and cloud or local server infrastructure provisioning are included in the solutions. Sensors supporting acceleration, rotation, proximity, temperature, humidity, and brightness are integrated, with compatibility ensured for Arduino and Raspberry Pi platforms.

Breadware's top competitors include Raspberry Pi, OpenBCI and Wilderness Labs.

Breadware offers StoneAge Tools and Warthog.

Breadware has made 1 acquisition, including Medium One.

Breadware has 4 investors. Key investors include Ozmen Ventures, Watershed Growth Ventures, GACAM67, and StoneAge.

Breadware operates through Breadware India Private Limited.

Yes. Breadware was acquired by StoneAge in March 2020.

The legal entities of Breadware currently have 2 directors, including Abhinav Dubey, Neha Shukla.

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