CyanConnode

Cambridge, United Kingdom
Provider of narrowband RF mesh networks for Omni IoT communications
Annual revenue $17.8M Latest available
Total funding $5.4M 7 rounds
Employees 115 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About CyanConnode

CyanConnode is a company based in Cambridge (United Kingdom). CyanConnode has raised $5.43 million across 7 funding rounds from investors including L&T, JST Group and Cambridge Gateway Fund. The company has 115 employees as of March 31, 2024. CyanConnode has completed 1 acquisition, including Connode. CyanConnode offers products and services including Narrowband RF mesh, Omnimesh, and Omni IoT Platform. CyanConnode operates in a competitive market with competitors including ecobee, Particle, eero, Signify and Landis+Gyr, among others.

  • Headquarter Cambridge, United Kingdom
  • Employees 115 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Technology
    Business Services Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Cyanconnode Holdings Plc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.77 M (USD)
    -24.31
    as on Mar 31, 2024
  • Net Profit
    -$4.8 M (USD)
    0.13
    as on Mar 31, 2024
  • EBITDA
    -$4.17 M (USD)
    -20.55
    as on Mar 31, 2024
  • Total Equity Funding
    $5.43 M (USD)

    in 7 rounds

  • Latest Funding Round
    $7.13 M (USD), Post-IPO

    Oct 01, 2018

  • Investors
    L&T

    & 4 more

  • Employee Count
    115

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of CyanConnode

CyanConnode is a publicly listed company on the LSE with ticker symbol CYAN in UK, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: CYAN · Sector: Electronic technology · UK

Products & Services of CyanConnode

CyanConnode offers a comprehensive portfolio of products and services, including Narrowband RF mesh, Omnimesh, and Omni IoT Platform.

Product name locked
Category locked
Primary

Enables device connectivity for IoT smart metering applications.

Product name locked
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Provides flexible wireless solutions for utility and lighting control.

Product name locked
Category locked
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Facilitates secure networking for smart city and utility management.

People of CyanConnode

Headcount 10-50
Employee Profiles 6
Board Members and Advisors 2
Employee Profiles
People
Heather Peacock
CFO & Company Secretary
People
Yuvaraj Asthana
Deputy Manager
People
John Cronin
Executive Chairman
People
Lorraine Stapelberg Acca
Group Financial Controller

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Board Members and Advisors
people
Peter Tyler
Non-Executive Director
people
David Johns-Powell
Non-Executive Director

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Funding Insights of CyanConnode

CyanConnode has successfully raised a total of $5.43M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $7.13 million completed in October 2018. 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 CyanConnode

CyanConnode has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include L&T, JST Group and Cambridge Gateway Fund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Locked Locked Locked
Online slot gaming services are offered by ng24h platform.
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Investment in high-growth technology businesses in southern England.
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Investor details for CyanConnode

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Investments & Acquisitions by CyanConnode

CyanConnode has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Connode.

Investments
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Investment portfolio details for CyanConnode

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Wireless mesh networking for IoT and smart metering is provided.
Locked Locked 2006 Locked
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Complete acquisition details for CyanConnode

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Financial Statements - CyanConnode

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Detailed financials for CyanConnode

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Cyanconnode Comparisons

CyanConnode Primary company
Description
Provider of narrowband RF mesh networks for Omni IoT communi...
Location
Cambridge, United Kingdom
Founded Year
-
Annual Revenue
$17.77 M (USD)
Net Profit
-$4.8 M (USD)
EBITDA
-$4.17 M (USD)
Employees
115
As of 2024
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Peer comparison for CyanConnode

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Competitors of CyanConnode

CyanConnode 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 ecobee, Particle, eero, Signify and Landis+Gyr, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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IoT connectivity platform from prototype to production is developed.
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Mesh-based connectivity solutions for IoT applications are provided.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy efficiency and smart grid management solutions
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Detailed competitors of CyanConnode

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Latest news on Cyanconnode

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Complete news archive for CyanConnode

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Frequently Asked Questions about CyanConnode

CyanConnode is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.

CyanConnode is a funded company, having raised a total of $5.43M across 7 funding rounds to date.

As of Mar 31, 2024, the latest employee count at CyanConnode is 115.

Annual revenue of CyanConnode is $17.77M as on Mar 31, 2024.

Provider of narrowband RF mesh networks for Omni IoT communications. The company delivers solutions for smart cities, enabling monitoring and management of utilities. It offers technology for smart electricity, gas, and water metering. The company also provides solutions for smart lighting control.

CyanConnode's top competitors include ecobee, Particle and Landis+Gyr.

CyanConnode offers Narrowband RF mesh, Omnimesh, and Omni IoT Platform.

Yes, CyanConnode is publicly traded on LSE under the ticker symbol CYAN.

CyanConnode has made 1 acquisition, including Connode.

CyanConnode has 5 investors. Key investors include L&T, JST Group, Cambridge Gateway Fund, ng24h, and ET Capital.

The ticker symbol of CyanConnode is CYAN on LSE.

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