About Devas
Devas is a company based in Bengaluru (India) founded in 2004. It operates as a B2B. Devas has raised $132.4 million across 4 funding rounds from investors including Deutsche Telekom, Columbia Capital and Ccdevas. The company has 3 employees as of March 31, 2019. Devas operates in a competitive market with competitors including ViaSat, SES Satellites, Astroscale, Kymeta and Inmarsat, among others.
- Headquarter Bengaluru, India
- Employees 3 as on 31 Mar, 2019
- Stage Minicorn
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
- Legal Name Devas Multimedia Private Limited
- Date of Incorporation 17 Dec, 2004
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$51.94 K (USD)-92.42as on Mar 31, 2019
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Net Profit
-$5.7 M (USD)-21.55as on Mar 31, 2019
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EBITDA
-$5.51 M (USD)-2.47as on Mar 31, 2019
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Total Equity Funding
$132.4 M (USD)
in 4 rounds
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Latest Funding Round
$25 M (USD), Series C
Sep 29, 2009
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Investors
Deutsche Telekom
& 6 more
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Employee Count
3
as on Mar 31, 2019
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Funding Insights of Devas
Devas has successfully raised a total of $132.4M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in September 2009. 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 Devas
Devas has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Deutsche Telekom, Columbia Capital and Ccdevas.
| Investor | Description | Founded Year | Domain | Location |
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US tech companies are funded across stages by Columbia Capital.
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Venture capital firm focused on multiple sectors
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Deutsche Telekom is recognized as a leading integrated telecommunications provider.
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Investor details for Devas
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Investments & Acquisitions by Devas
Investment portfolio details for Devas
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Financial Statements - Devas
Detailed financials for Devas
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Devas Comparisons
Peer comparison for Devas
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Competitors of Devas
Devas 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 ViaSat, SES Satellites, Astroscale, Kymeta and Inmarsat, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Satellite-based communication services are provided to diverse business sectors.
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Satellite-based communication services are delivered via MEO constellation.
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Satellite solutions for space debris removal are developed.
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Cloud-based antenna systems for satellite communications are provided.
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Satellite-based communication services for data and voice are provided globally.
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Small telecommunication satellites are developed for geostationary internet connectivity.
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Detailed competitors of Devas
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Latest news on Devas
Complete news archive for Devas
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Frequently Asked Questions about Devas
Devas was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Devas is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Devas is a funded company, having raised a total of $132.4M across 4 funding rounds to date.
As of Mar 31, 2019, the latest employee count at Devas is 3.
Annual revenue of Devas is $51.94K as on Mar 31, 2019.
Devas, established in 2004 and currently in Dissolved stage, focuses on providing telecom services, satellite communications, service provision, and comprehensive solutions. Delivers comprehensive satellite communications services to clients. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Devas's top competitors include Astroscale, Kymeta and ViaSat.
Devas has 7 investors. Key investors include Deutsche Telekom, Columbia Capital, Ccdevas, Telecom Devas, and Lawrence T Babbio.
The valuation of Devas is $484.66M as of Sep 2009.