About Connectem
Connectem is a company based in Santa Clara (United States) founded in 2011 was acquired by Brocade Communication Systems in March 2015.. Connectem has raised $400 thousand across 1 funding round from investors including Brocade Communication Systems. The company has 31 employees as of March 29, 2024. Connectem operates in a competitive market with competitors including VMware, NEC, Mavenir, CommScope and Array Networks, among others.
- Headquarter Santa Clara, United States
- Employees 31 as on 29 Mar, 2024
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Sectors
TechnologyTelecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Brocade Mobility Private Limited
- Date of Incorporation 08 Oct, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.85 M (USD)0as on Mar 31, 2017
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Net Profit
$105.74 K (USD)0as on Mar 31, 2017
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EBITDA
$1.27 M (USD)0as on Mar 31, 2017
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Total Equity Funding
$400 K (USD)
in 1 rounds
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Latest Funding Round
$400 K (USD), Seed
May 16, 2012
- Investors
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Employee Count
31
as on Mar 29, 2024
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Acquired by
Brocade Communication Systems
(Mar 01, 2015)
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Funding Insights of Connectem
Connectem has successfully raised a total of $400K through 1 strategic funding round. The most recent funding activity was a Seed round of $400 thousand completed in May 2012. 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 1
- Last Round Seed — $400,000
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First Round
First Round
(16 May 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Seed - Connectem | Valuation |
investors |
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| 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 Connectem
Connectem has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Brocade Communication Systems. 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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Networking products for data centers and storage fabrics are supplied.
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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 Connectem
| 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 - Connectem
| 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 |
Connectem Comparisons
Competitors of Connectem
Connectem 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 VMware, NEC, Mavenir, CommScope and Array Networks, 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 |
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| domain | founded_year | HQ Location |
Cloud orchestration solutions are provided for multi-cloud and device applications.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Fiber-optic and wireless infrastructure products provider
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| domain | founded_year | HQ Location |
Network Functions Virtualization platform provider
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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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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Frequently Asked Questions about Connectem
When was Connectem founded?
Connectem was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Connectem located?
Connectem is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Connectem a funded company?
Connectem is a funded company, having raised a total of $400K across 1 funding round to date. The company's 1st funding round was a Seed of $400K, raised on May 16, 2012.
How many employees does Connectem have?
As of Mar 29, 2024, the latest employee count at Connectem is 31.
What is the annual revenue of Connectem?
Annual revenue of Connectem is $2.85M as on Mar 31, 2017.
What does Connectem do?
Connectem was founded in 2011 in Santa Clara, United States, within the telecommunications sector. LTE virtual Evolved Packet Core (vEPC) solutions are developed to enable carriers to manage mobile data growth through cloud computing, network virtualization, and software-defined networking on x86 servers. Support is offered for machine-to-machine (M2M) and Internet of Things (IoT) connectivity demands.
Who are the top competitors of Connectem?
Who are Connectem's investors?
Connectem has 1 investor. Key investors include Brocade Communication Systems.
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