About Connode
Connode is a company based in Sundbyberg (Sweden) founded in 2006 was acquired by CyanConnode in July 2016.. The company has 66 employees as of April 04, 2024. Connode offers products and services including Narrowband RF Mesh, Omnimesh, and Omni IoT Platform. Connode operates in a competitive market with competitors including eero, goTenna, Rajant, Veniam and GreenCom Networks, among others.
- Headquarter Sundbyberg, Sweden
- Employees 66 as on 04 Apr, 2024
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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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- Legal Name Cyanconnode Pvt Ltd
- Jurisdiction South Delhi, Delhi, India
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Annual Revenue
$6.73 M (USD)0as on Mar 31, 2023
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Net Profit
$-288.12 K (USD)0as on Mar 31, 2023
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EBITDA
$-295.95 K (USD)0as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
66
as on Apr 04, 2024
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Acquired by
CyanConnode
(Jul 04, 2016)
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Products & Services of Connode
Connode offers a comprehensive portfolio of products and services, including Narrowband RF Mesh, Omnimesh, and Omni IoT Platform. 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.
Provides secure mesh networks for device connectivity in smart metering.
Enables wireless solutions for utility metering and lighting control.
Offers platform for managing smart city services and utilities efficiently.
Funding Insights of Connode
| 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 Connode
Connode has secured backing from 1 investor. Prominent investors backing the company include CyanConnode. 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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Provider of narrowband RF mesh networks for Omni IoT communications
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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 Connode
| 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 - Connode
| 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 |
Connode Comparisons
Competitors of Connode
Connode 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 eero, goTenna, Rajant, Veniam and GreenCom 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mesh-based connectivity solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Mobile mesh networking is enabled for off-grid smartphone use.
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| domain | founded_year | HQ Location |
A private wireless mesh network is provided for adaptive communications.
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| domain | founded_year | HQ Location |
Wireless mesh networks for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Cloud & AI-based mesh networking management solutions provider
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| domain | founded_year | HQ Location |
Wireless connectivity software for industrial IoT deployments is provided.
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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 Connode
When was Connode founded?
Connode was founded in 2006.
Where is Connode located?
Connode is headquartered in Sundbyberg, Sweden. It is registered at Sundbyberg, Stockholm County, Sweden.
How many employees does Connode have?
As of Apr 04, 2024, the latest employee count at Connode is 66.
What is the annual revenue of Connode?
Annual revenue of Connode is $6.73M as on Mar 31, 2023.
What does Connode do?
Connode was founded in 2006 and is based in Sundbyberg, Sweden. Wireless mesh communications are developed by the company for smart metering and machine-to-machine applications in the Internet of Things sector. Telco-grade solutions are offered to utility companies, particularly in the Scandinavian region, supporting large-scale deployments for smart grids. Ownership is held by CapMan, a Nordic investment firm managing approximately 3.5 billion in capital.
What products or services does Connode offer?
Connode offers Narrowband RF Mesh, Omnimesh, and Omni IoT Platform.
Who are Connode's investors?
Connode has 1 investor. Key investors include CyanConnode.