Greenwave Systems

Irvine, United States Founded: 2008 • Age: 18 yrs Acquired
IoT managed services are deployed through a specialized platform.

About Greenwave Systems

Greenwave Systems is a company based in Irvine (United States) founded in 2008. Greenwave Systems has raised $116.32 million across 8 funding rounds from investors including Bank of America, E.ON and Business Development Corporation of America. The company has 13 employees. Greenwave Systems has completed 1 acquisition, including Predixion Software. Greenwave Systems offers products and services including WAVELY Platform, Mobile IOT, IMSI Switching, Travel SIM, and SIM Management Platform. Greenwave Systems operates in a competitive market with competitors including Particle, ecobee, PTC, Signify and Landis+Gyr, among others.

Key Metrics
  • Total Equity Funding
    $116.32M (USD)

    in 8 rounds

  • Latest Funding Round
    $45.07M (USD), Series C

    Jan 2016

  • Investors
  • Employee Count
    13
  • Investments & Acquisitions

Products & Services of Greenwave Systems

Greenwave Systems offers a comprehensive portfolio of products and services, including WAVELY Platform, Mobile IOT, IMSI Switching, Travel SIM, and SIM Management Platform.

WAVELY Platform
Connectivity Platform

Software-defined NaaS platform for virtual network operations

Mobile IOT
IoT Services

Enables secured IoT connected services without infrastructure

IMSI Switching
Network Management

Facilitates mobile network switching for global connectivity

Travel SIM
SIM Solutions

Provides SIM services for international travel and roaming

SIM Management Platform
Device Management

Platform for managing SIMs and data services worldwide

Funding Insights of Greenwave Systems

Greenwave Systems has successfully raised a total of $116.32M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $45.07 million completed in January 2016. 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 $116.32M
  • Total Rounds 8
  • Last Round Series C β€” $45.07M
  • First Round $11M

    (Jun 2010)

  • Investors Count 8

All 8 funding rounds of Greenwave Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016$15MDebt – Conventional––
Jan 2016$45.07MSeries C–EDBI
Oct 2013$19MSeries B––
Sep 2013$19MSeries B–The Westly Group
Aug 2013$11.25MDebt – Conventional––
–
Aug 2013$11.25MSeries A––
–
Jun 2010$11MSeries A––
–
Jun 2010$11MSeries A–Craton Equity Partners
Valuation history

8 investors in total: 8 institutional.

Investors in Greenwave Systems

Greenwave Systems has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Bank of America, E.ON and Business Development Corporation of America.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–bdcofamerica.com-
Government-backed investments are directed toward healthcare, fintech, and various sectors.
–edbi.comSingapore, Singapore
ST Telemedia is engaged in communications, data centres, and infrastructure technology investments globally.
–sttelemedia.comSingapore, Singapore
US focused VC firm
–westlygroup.comMenlo Park, United States
-
–cratonep.com-
Provider of electricity and natural gas distribution services
2000eon.comEssen, Germany
Commercial banking and asset management services are offered worldwide.
1904bankofamerica.comCharlotte, United States
Serves as a government agency dedicated to fostering business development and growth in Singapore.
1961edb.gov.sgSingapore, Singapore
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Investor details for Greenwave Systems

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People of Greenwave Systems

14 people are tracked at Greenwave Systems (2 in leadership, 12 in team); the tracked headcount is 13.

NameRoleGroup
Siddhartha Dattagupta
CEO & CTOLeadership
Troy Pliska
COOLeadership
Serene Chew
Supply Chain Operations ManagerTeam
Madonna Cabanlit
Senior Software EngineerTeam
Mikkel Manniche
Business Development And Corporate StrategyTeam
David Lescalier
Ui/ux Product ManagerTeam
Chang Te Wang
Senior QA EngineerTeam
Jeffery Puong Kok
Quality Assurance ArchitectTeam
Faye Kristine Balog
QA ManagerTeam
Patrick Wu
Embedded Software EngineerTeam
Martin Lund
Senior Software EngineerTeam
Hao D.
Technical Lead & Solution ArchitectTeam
Cristian Sferle
Mobile Core EngineerTeam
Benjamin Lim
IT EngineerTeam
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Investments & Acquisitions by Greenwave Systems

Greenwave Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Predixion Software.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based predictive analytics solutions are integrated with Microsoft BI tools.
predixionsoftware.comAliso Viejo, United States2009Sep 2016β€’β€’β€’β€’
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Complete acquisition details for Greenwave Systems

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Timeline of Greenwave Systems

4 dated milestones of Greenwave Systems across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Greenwave Systems is founded.
  2. Funding First funding round of $11.0M.
  3. Funding Latest funding round, Series C, of $45.1M.
  4. Acquisition Acquires Predixion Software.

Competitors of Greenwave Systems

Greenwave Systems 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 Particle, ecobee, PTC, Signify and Landis+Gyr, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
particle.io2011San Francisco, United States$134.87M109
IoT connectivity platform from prototype to production is developed.
ecobee.com2007Toronto, Canada$151.52M–
Provider of smart thermostats for commercial and residential applications
ptc.com1985Boston, United States–353
PTC is recognized as a global leader in product lifecycle management software.
signify.com1891Eindhoven, Netherlands––
Signify is recognized as a global leader in lighting solutions.
landisgyr.com1896Zug, Switzerland$1.03B996
End-to-end energy management solutions are provided for utilities worldwide.
span.io2014San Francisco, United States$255.56M–
Smart panels for home energy management are provided by Span.IO.
nanoleaf.me2012Toronto, Canada$2.9M94
Energy-efficient smart lightbulbs are developed by Nanoleaf.
trilliant.com1997Spearfish, United States$317M–
Provider of communication systems and software platforms for smart grid applications
resideo.com2018Wilmington, United States–293
Smart home products for security and energy efficiency are provided.
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Detailed competitors of Greenwave Systems

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Web traffic of Greenwave Systems

The website of Greenwave Systems (greenwavesystems.com) receives about 2.8K visits a month.

  • Monthly visits
    2.8K

    ▲ 67.8% vs previous month

Similar websites

Websites whose visitors overlap most with Greenwave Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
icontrol.com
100%
––View details
authoritypartners.com
100%
–#6,413,343View details
ctcglobal.com
100%
10.1K#1,938,500View details
wynnesystems.com
98%
11.2K#1,841,372View details
saritasa.com
98%
17K#1,668,724View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Greenwave Systems

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  • Audience overlap
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  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Greenwave Systems

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Complete news archive for Greenwave Systems

Full article history, source details, and older brand coverage require an active premium plan.

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Similar companies to Greenwave Systems

10 companies that operate in the same segment as Greenwave Systems (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Wireless security platform for IoT applications is provided.
2015Palo Alto, California, United StatesUSD 1.17 B––
Blockchain-based connectivity for IoT applications is facilitated.
2017Menlo Park, California, United StatesUSD 50 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based smart locks for residential and commercial access are provided.
2014New York, New York, United StatesUSD 158.55 MUSD 70.12 M–
Keyless smart locks are developed for consumer and commercial applications.
2015Singapore, SingaporeUSD 32.28 M––
Provider of cyber security solutions for asset visibility and threat management
2000San Jose, California, United StatesUSD 120.28 MUSD 4.03 M136
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M––
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Frequently Asked Questions about Greenwave Systems

Greenwave Systems was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Greenwave Systems is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Greenwave Systems is a funded company, having raised a total of $116.32M across 8 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 2010.

Greenwave Systems has 13 employees.

Greenwave Systems was founded in 2008 in Irvine, United States, within the IoT sector. Operations focus on the Greenwave 360 methodology, which supports end-to-end managed service deployment from business needs assessment to analytics. The Axon platform is employed to standardize devices, allowing developers and customers to create tailored applications. Services are extended to various industries via this infrastructure.

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

Greenwave Systems offers WAVELY Platform, Mobile IOT, IMSI Switching, Travel SIM, and SIM Management Platform.

Greenwave Systems has made 1 acquisition, including Predixion Software.

Greenwave Systems has 8 investors. Key investors include Bank of America, E.ON, Business Development Corporation of America, EDBI, and ST Telemedia.

Greenwave Systems operates through Greenwave Systems Inc..

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