About Cradlepoint
Cradlepoint is a company based in Boise (United States) founded in 2004 was acquired by Ericsson in September 2020. Cradlepoint has raised $154.85 million across 7 funding rounds from investors including Ericsson, The CAPROCK Group and TCV. The company has 165 employees as of March 28, 2024. Cradlepoint has completed 2 acquisitions, including Ericom and Pertino. Cradlepoint operates in a competitive market with competitors including Netskope, Aryaka Networks, Versa Networks, Masergy and Riverbed, among others.
- Headquarter Boise, United States
- Employees 165 as on 28 Mar, 2024
-
Sectors
TechnologyTelecommunications
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Cradlepoint India Private Limited
- Date of Incorporation 18 May, 2021
- Jurisdiction Bangalore North, Karnataka, India
-
Annual Revenue
$8.52 M (USD)255.97as on Mar 31, 2023
-
Net Profit
$833.4 K (USD)242.42as on Mar 31, 2023
-
EBITDA
$1.3 M (USD)280.19as on Mar 31, 2023
-
Total Equity Funding
$154.85 M (USD)
in 7 rounds
-
Latest Funding Round
$89.16 M (USD), Series C
Mar 09, 2017
-
Investors
Ericsson
& 7 more
-
Employee Count
165
as on Mar 28, 2024
-
Investments & Acquisitions
Ericom
& 1 more
-
Acquired by
Ericsson
(Sep 18, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Cradlepoint
Unlock access to complete
Unlock access to complete
Software Development Team
315 people
Leadership Team
102 people
Sales and Marketing
64 people
Head Team
64 people
Senior Team
62 people
Operations Team
33 people
Human Resources and Administration
30 people
Legal and Compliance
29 people
Unlock access to complete
Funding Insights of Cradlepoint
Cradlepoint has successfully raised a total of $154.85M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $89.16 million completed in March 2017. 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.
Investors in Cradlepoint
Cradlepoint has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Ericsson, The CAPROCK Group and TCV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital is invested in global technology companies by TCV.
|
Locked | Locked | Locked | |
|
Focus by Sorenson Capital is on software, healthcare, aerospace, energy.
|
Locked | Locked | Locked | |
|
Growth-equity investments are targeted by the private firm Delta-v Capital.
|
Locked | Locked | Locked |
Investor details for Cradlepoint
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cradlepoint
Cradlepoint has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ericom and Pertino.
Investment portfolio details for Cradlepoint
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based VPN services are provided for secure networking.
|
Locked | Locked | 2011 | Locked | |
|
Ericom is recognized for providing Zero Trust cloud security solutions.
|
Locked | Locked | 1993 | Locked |
Complete acquisition details for Cradlepoint
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Cradlepoint
Detailed financials for Cradlepoint
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Cradlepoint Comparisons
Peer comparison for Cradlepoint
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Cradlepoint
Cradlepoint 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 Netskope, Aryaka Networks, Versa Networks, Masergy and Riverbed, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud security solutions are delivered for enterprise visibility and protection.
|
|
| Locked | Locked | Locked |
Unified SASE solutions are delivered for enterprise connectivity and security.
|
|
| Locked | Locked | Locked |
SASE network security solutions are delivered through cloud-based platform.
|
|
| Locked | Locked | Locked |
Provider of IT service suite solutions
|
|
| Locked | Locked | Locked |
Enterprise WAN optimization and application performance monitoring platforms are provided.
|
Detailed competitors of Cradlepoint
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Cradlepoint
Complete news archive for Cradlepoint
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cradlepoint
Cradlepoint was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Cradlepoint is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.
Cradlepoint is a funded company, having raised a total of $154.85M across 7 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Cradlepoint is 165.
Annual revenue of Cradlepoint is $8.52M as on Mar 31, 2023.
Cradlepoint was founded in 2004 in Boise, United States, and operates in the IoT networking sector. Cloud-based solutions for network infrastructure are offered, including router hardware and management tools to oversee endpoints in distributed setups. Monitoring and control occur from a centralized point across various networks. Software-defined wireless WAN options are provided for service providers and mobile enterprises. The platforms application is supported on Android devices.
Cradlepoint's top competitors include Netskope, Cato Networks and Versa Networks.
Cradlepoint has 8 investors. Key investors include Ericsson, The CAPROCK Group, TCV, Sorenson Capital, and Delta-v Capital.