About Canesta
Canesta is a company based in Sunnyvale (United States) founded in 1999 was acquired by Microsoft in October 2010.. Canesta has raised $59.34 million across 5 funding rounds from investors including Microsoft, Thales Group and J P Morgan. Canesta offers products and services including Web Design Services, SEO Services, PPC Services, and Email Marketing Services. Canesta operates in a competitive market with competitors including TriEye, Quanergy, Occipital, KandaoVR and Mantis Vision, among others.
- Headquarter Sunnyvale, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Canesta Ltd.
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Products & Services of Canesta
Canesta offers a comprehensive portfolio of products and services, including Web Design Services, SEO Services, PPC Services, and Email Marketing Services. 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.
Designs and develops websites for e-commerce and business needs.
Optimizes websites to improve search engine rankings.
Manages pay-per-click campaigns for lead generation.
Automates and nurtures email campaigns for customer engagement.
Funding Insights of Canesta
Canesta has successfully raised a total of $59.34M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $342 thousand completed in March 2010. 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 5
- Last Round Series D — $342,000
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First Round
First Round
(26 Jun 2001)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series D - Canesta | Valuation |
investors |
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| Oct, 2009 | Amount | Series D - Canesta | Valuation | Quanta Computer , Hotung Investment Holdings | |
| Sep, 2007 | Amount | Series D - Canesta | Valuation |
investors |
| 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 Canesta
Canesta has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Thales Group and J P Morgan. 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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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on AI, IoT, cloud, agriculture, healthcare, biotech, e-commerce, and multiple sectors
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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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 Canesta
| 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 - Canesta
| 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 |
Canesta Comparisons
Competitors of Canesta
Canesta 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 TriEye, Quanergy, Occipital, KandaoVR and Mantis Vision, 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 |
CMOS-based image sensors are developed for autonomous vision applications.
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| domain | founded_year | HQ Location |
AI-driven LiDAR sensing solutions are provided for detection and tracking.
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| domain | founded_year | HQ Location |
Augmented reality-based 3D scanners for mobile devices are provided.
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| domain | founded_year | HQ Location |
Provider of cloud-based 3D stereo cameras for virtual reality-based applications
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| domain | founded_year | HQ Location |
3D capturing technology is developed for mobile devices and scanners.
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| domain | founded_year | HQ Location |
3D scanners and imaging systems for precise measurements are developed.
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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 Canesta
Frequently Asked Questions about Canesta
When was Canesta founded?
Canesta was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Where is Canesta located?
Canesta is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is Canesta a funded company?
Canesta is a funded company, having raised a total of $59.34M across 5 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Jun 26, 2001.
What does Canesta do?
Canesta is a fabless semiconductor company. It is the inventor of low-cost electronic perception technology. Their 3-D input technology enables 3D depth-perception virtually in consumer device such as PCs, TVs, gaming consoles, mobile phones, as well as automotive, industrial and other products. As of May 2019, the company has filed in 50 patents, 40 of which have been granted so far. Customers and partners include Hitachi, Honda, Optex, Optronic, Quanta, and SMSC. Acquired by Microsoft in Oct 2010.
Who are the top competitors of Canesta?
What products or services does Canesta offer?
Canesta offers Web Design Services, SEO Services, PPC Services, and Email Marketing Services.
Who are Canesta's investors?
Canesta has 10 investors. Key investors include Microsoft, Thales Group, J P Morgan, The Carlyle Group, and Apax Partners.