About Cassia Networks
Cassia Networks is a company based in San Jose (United States) founded in 2014 by Felix Zhao.. Cassia Networks has raised $20.27 million across 3 funding rounds from investors including ABB, SumaVision and Wu Capital. Cassia Networks operates in a competitive market with competitors including Atmosic, Silex Technology, Blecon, Carsifi and Suzhou Peelin Network Technology, among others.
- Headquarter San Jose, United States
- Founders Felix Zhao
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.27 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
ABB
& 9 more
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Employee Count
Employee Count
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Funding Insights of Cassia Networks
Cassia Networks has successfully raised a total of $20.27M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(11 Oct 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series C - Cassia Networks | Valuation | ABB |
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| Mar, 2019 | Amount | Series B - Cassia Networks | Valuation | Wu Capital |
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| Oct, 2016 | Amount | Series B - Cassia Networks | Valuation | Everest Capital Partners , IDG Capital |
| 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 Cassia Networks
Cassia Networks has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include ABB, SumaVision and Wu Capital. 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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Founded Year | Domain | Location | |
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Private equity investments are directed toward the United States market.
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in US, China, and Europe.
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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 Cassia Networks
| 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 - Cassia Networks
| 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 |
Cassia Networks Comparisons
Competitors of Cassia Networks
Cassia Networks 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 Atmosic, Silex Technology, Blecon, Carsifi and Suzhou Peelin Network 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 |
|---|---|---|---|---|
| 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 |
Bluetooth systems enable product-cloud communication via connectivity.
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| domain | founded_year | HQ Location |
Wireless adapter enabling Android Auto in cars via Bluetooth and Wi-Fi.
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| domain | founded_year | HQ Location |
Delivers advanced Bluetooth-based connectivity solutions for IoT applications.
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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 Cassia Networks
Frequently Asked Questions about Cassia Networks
When was Cassia Networks founded?
Cassia Networks was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Cassia Networks located?
Cassia Networks is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Cassia Networks?
Felix Zhao is the current CEO of Cassia Networks. They have also founded this company.
Is Cassia Networks a funded company?
Cassia Networks is a funded company, having raised a total of $20.27M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10.27M, raised on Oct 11, 2016.
What does Cassia Networks do?
Cassia Networks was founded in 2014 in San Jose, United States, focusing on the IoT sector. Bluetooth-based network platforms are offered for home entertainment and security applications. Multiple Bluetooth-enabled devices, such as lights, music systems, and sensors, are connected and controlled via the Cassia Hub. Additional solutions include Bluetooth routers, IoT access controllers, and SDK or API integrations for developers.
Who are the top competitors of Cassia Networks?
Cassia Networks's top competitors include Atmosic, Silex Technology and Taoxin Technology.
Who are Cassia Networks's investors?
Cassia Networks has 10 investors. Key investors include ABB, SumaVision, Wu Capital, Everest Capital Partners, and GCP Capital Partners.
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