GreenPeak

Utrecht, Netherlands Founded: 2005 • Age: 21 yrs Acquired By Qorvo
RF communication technology is developed for wireless smart home applications.
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About GreenPeak

GreenPeak is a company based in Utrecht (Netherlands) founded in 2005 was acquired by Qorvo in April 2016.. GreenPeak has raised $23.69 million across 3 funding rounds from investors including Motorola Solutions, Qorvo and Gimv. GreenPeak offers products and services including IoT Controllers, IoT Applications, and Remote Controls. GreenPeak operates in a competitive market with competitors including Cradlepoint, Aeris, Electric Imp, Actility and Atmosic, among others.

  • Headquarter Utrecht, Netherlands
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $23.69 M (USD)

    in 3 rounds

  • Latest Funding Round
    $19 M (USD), Series B

    Oct 29, 2009

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Qorvo

    (Apr 18, 2016)

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Products & Services of GreenPeak

GreenPeak offers a comprehensive portfolio of products and services, including IoT Controllers, IoT Applications, and Remote Controls. 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.

Primary

Devices for managing Internet of Things connectivity and operations.

Applications supporting smart home and lifestyle system functionalities.

Tools for wireless control of IoT-enabled devices.

Funding Insights of GreenPeak

GreenPeak has successfully raised a total of $23.69M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $19 million completed in October 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $19.0M
  • First Round

    (23 May 2006)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2009 Amount Series B - GreenPeak Valuation Gimv , Robert Bosch Venture Capital
Jul, 2007 Amount Series A - GreenPeak Valuation

investors

May, 2006 Amount Series A - GreenPeak Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GreenPeak

GreenPeak has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Solutions, Qorvo and Gimv. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Allegro Investment Fund is involved in investment activities.
Founded Year Domain Location
Stage agnostic VC firm investing globally
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GreenPeak

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GreenPeak

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Greenpeak Comparisons

Employees
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Competitors of GreenPeak

GreenPeak 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 Cradlepoint, Aeris, Electric Imp, Actility and Atmosic, 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
Cloud-based network infrastructure for IoT applications is provided.
domain founded_year HQ Location
Secure, scalable IoT solutions are provided for diverse industries.
domain founded_year HQ Location
Connectivity through embedded hardware and software platform
domain founded_year HQ Location
Platform for IoT deployments and network connectivity management is provided.
domain founded_year HQ Location
Ultra-low power Bluetooth modules for IoT wireless applications are developed.
domain founded_year HQ Location
Broadband communication technologies for IoT are developed and deployed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Greenpeak

MIGx AG’s Partnership Agreement with GREENPEAK Partners
Globallegalchronicle1 year ago

Frequently Asked Questions about GreenPeak

When was GreenPeak founded?

GreenPeak was founded in 2005 and raised its 1st funding round 1 year after it was founded.

Where is GreenPeak located?

GreenPeak is headquartered in Utrecht, Netherlands.

Is GreenPeak a funded company?

GreenPeak is a funded company, having raised a total of $23.69M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.45M, raised on May 23, 2006.

What does GreenPeak do?

GreenPeak Technologies is a Netherlands based fabless company developing low power data communication controller chips and software solutions for the ZigBee wireless market segment. ZigBee technology is used for Smart Home data communications and to facilitate the Internet of Things. Green Peaks product portfolio consist of Zigbee transceivers, R4CE communication controller chips and communications solutions for smart home applications. GreenPeak Technologies has a strategic partnership with Sensara and it won 2014 Deloitte Fast50 Technology Award.

Who are the top competitors of GreenPeak?

GreenPeak's top competitors include Cradlepoint, Hologram and Kajeet.

What products or services does GreenPeak offer?

GreenPeak offers IoT Controllers, IoT Applications, and Remote Controls.

Who are GreenPeak's investors?

GreenPeak has 8 investors. Key investors include Motorola Solutions, Qorvo, Gimv, Draper Esprit, and Allegro Investment Fund.

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