About Commsignia
Commsignia is a company based in Budapest (Hungary) founded in 2012 by Szabolcs Szabi Patay and Andras Takacs. Commsignia has raised $27.05 million across 7 funding rounds from investors including LG, Partech Partners and European Union. Commsignia offers products and services including V2X OBU unit, V2X RSU unit, and V2X Software Stack. Commsignia operates in a competitive market with competitors including Kapsch, Visteon, Autotalks, NoTraffic and AutoCrypt, among others.
- Headquarter Budapest, Hungary
- Founders Szabolcs Szabi Patay, Andras Takacs
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Commsignia Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.05 M (USD)
in 7 rounds
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Latest Funding Round
$15 M (USD), Series B
Sep 05, 2023
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Investors
LG
& 11 more
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Employee Count
Employee Count
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Products & Services of Commsignia
Commsignia offers a comprehensive portfolio of products and services, including V2X OBU unit, V2X RSU unit, and V2X Software Stack.
Hardware for vehicle fleets with secure V2X communication
Outdoor hardware for dual-channel V2X communication
Modular framework for V2X applications on various platforms
People of Commsignia
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Funding Insights of Commsignia
Commsignia has successfully raised a total of $27.05M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in September 2023. 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 7
- Last Round Series B — $15.0M
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First Round
First Round
(30 Jun 2014)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Commsignia | Valuation | PortfoLion , Inventure | |
| Aug, 2019 | Amount | Series A - Commsignia | Valuation | Karma Ventures , Samsung Catalyst Fund | |
| May, 2017 | Amount | Grant - Commsignia | Valuation |
investors |
Investors in Commsignia
Commsignia has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include LG, Partech Partners and European Union.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage tech startups are made by Inventure.
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Early-stage technology ventures are supported by Day One Capital.
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Investments & Acquisitions by Commsignia
Financial Statements - Commsignia
Commsignia Comparisons
Competitors of Commsignia
Commsignia 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 Kapsch, Visteon, Autotalks, NoTraffic and AutoCrypt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-enabled traffic management solutions are offered to traffic authorities.
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| domain | founded_year | HQ Location |
AI and cloud-enabled solutions and electronics for connected and autonomous vehicles
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| domain | founded_year | HQ Location |
V2X communication modules for vehicles and infrastructure are developed.
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| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
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| domain | founded_year | HQ Location |
Online platform offering cybersecurity tools for automotive and mobility systems
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| domain | founded_year | HQ Location |
Smart mobility solutions are delivered to enhance traveler experiences.
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Latest news on Commsignia
Frequently Asked Questions about Commsignia
Commsignia was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Commsignia is headquartered in Budapest, Hungary.
Szabolcs Szabi Patay is the current CEO of Commsignia. They have also founded this company.
Commsignia is a funded company, having raised a total of $27.05M across 7 funding rounds to date. The company's 1st funding round was a Grant of $226.35K, raised on Jun 30, 2014.
Commsignia is a technology company engaged in the development and manufacturing of cooperative intelligent transportation systems (C-ITS) including vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication technologies. Its chief offering comprises of a series of V2X hardware modules (On Board Units, integrated connected car router with cellular and WiFi access, Roadside Units) and V2X software stack which is an embedded solution that is developed based on the specification of the ISO ETSI IEEE SAE C2C-CC communication architecture, providing a modular framework and small footprint for multiple resource-constrained target platforms, supporting Linux and RTOS operating systems. In 2017, the company was selected by Brandmotion, the Tampa Hillsborough Expressway Authority (THEA), to supply its solution for the Tampa Connected Vehicle Pilot Deployment project.
Commsignia offers V2X OBU unit, V2X RSU unit, and V2X Software Stack.
Commsignia has 12 investors. Key investors include LG, Partech Partners, European Union, Qualcomm Ventures, and PortfoLion.