CommSolid

Dresden, Germany Founded: 2015 • Age: 11 yrs Acquired By Goodix
Communication solutions for global cellular and IoT markets are provided.
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About CommSolid

CommSolid is a company based in Dresden (Germany) founded in 2015 was acquired by Goodix in February 2018.. The company has 47 employees as of December 31, 2021. CommSolid offers products and services including NB-IoT Solutions, Smart Home Solutions, and Smart City Solutions. CommSolid operates in a competitive market with competitors including U-blox, Qualcomm, Truphone, MaxLinear and Airlinq, among others.

  • Headquarter Dresden, Germany
  • Employees 47 as on 31 Dec, 2021
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Commsolid Gmbh
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Goodix

    & 2 more

  • Employee Count
    47

    as on Dec 31, 2021

  • Acquired by
    Goodix

    (Feb 03, 2018)

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Products & Services of CommSolid

CommSolid offers a comprehensive portfolio of products and services, including NB-IoT Solutions, Smart Home Solutions, and Smart City Solutions. 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.

Primary

Ultra-low power technology for monitoring and securing devices.

Solutions for protecting valuables and monitoring home appliances.

Tools for safeguarding assets in urban environments.

Funding Insights of CommSolid

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2016 Amount Seed - CommSolid Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CommSolid

CommSolid has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Goodix, MBG Sachsen and High-Tech Gründerfonds. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage investments are made in high-tech startups by HTGF.
Founded Year Domain Location
Provider of IC design and software solution
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CommSolid

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CommSolid

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Commsolid Comparisons

Employees
+
Add Comparison
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Competitors of CommSolid

CommSolid 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 U-blox, Qualcomm, Truphone, MaxLinear and Airlinq, 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
ICs for cellular communication and GPS solutions are provided.
domain founded_year HQ Location
Provider of cloud and AI-based cellular communication ICs
domain founded_year HQ Location
International mobile services are provided under various brands for enterprises.
domain founded_year HQ Location
Integrated circuits for cellular and broadband communications are provided.
domain founded_year HQ Location
IoT and SaaS-based provider of application development solutions for connected ecosystems
domain founded_year HQ Location
Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Commsolid

Frequently Asked Questions about CommSolid

When was CommSolid founded?

CommSolid was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is CommSolid located?

CommSolid is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.

How many employees does CommSolid have?

As of Dec 31, 2021, the latest employee count at CommSolid is 47.

What does CommSolid do?

CommSolid was founded in 2015 and is based in Dresden, Germany. Ultra-low power solutions for NarrowBand-IoT are developed, adhering to the 3GPP Release 13 standard. Direct internet connectivity is enabled for sensors in various applications. Sectors served include healthcare, smart homes, transport, logistics, and industrial systems. Operations focus on standard compliance, cellular reliability, security, SoC integration, validation, and customization for global markets.

Who are the top competitors of CommSolid?

CommSolid's top competitors include Qualcomm, U-blox and 1NCE.

What products or services does CommSolid offer?

CommSolid offers NB-IoT Solutions, Smart Home Solutions, and Smart City Solutions.

Who are CommSolid's investors?

CommSolid has 3 investors. Key investors include Goodix, MBG Sachsen, and High-Tech Gründerfonds.

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