About Hillcrest Labs
Hillcrest Labs is a company based in Rockville (United States) founded in 2001 was acquired by CEVA in July 2019. Hillcrest Labs has raised $60.74 million across 6 funding rounds from investors including Interdigital, AllianceBernstein and NEA. The company has 44 employees. Hillcrest Labs operates in a competitive market with competitors including Navenio, TRX Systems, Converge, Point One Navigation and Oxford Metrics, among others.
- Headquarter Rockville, United States
- Employees 44
- SectorsTechnology
- Website hillcrestlabs.com
- Social X
- Acquired by CEVA (Jul 2019)
- Total Equity Funding$60.74M (USD)
in 6 rounds
- Latest Funding Round$450K (USD), Series E
Dec 2016
- InvestorsInterdigital
& 5 more
- Employee Count44
- Acquired by
Funding Insights of Hillcrest Labs
Hillcrest Labs has successfully raised a total of $60.74M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $450 thousand completed in December 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 $60.74M
- Total Rounds 6
- Last Round Series E — $450,000
- First Round $11M
(Jun 2004)
- Investors Count 4
All 6 funding rounds of Hillcrest Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2016 | $450,000 | Series E | – | – | – |
| Feb 2012 | $4M | Series E | – | – | – |
| Apr 2011 | $5.54M | Series E | – | New Enterprise Associates, AllianceBernstein | – |
| Jan 2008 | $25M | Series D | – | AllianceBernstein | |
| Aug 2005 | $14.75M | Series C | – | – | – |
| Jun 2004 | $11M | Series B | – | – | – |
6 investors in total: 6 institutional.
Investors in Hillcrest Labs
Hillcrest Labs has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Interdigital, AllianceBernstein and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Private debt fund focused on multiple sectors | 1967 | alliancebernstein.com | New York, United States | |
US tech companies are funded across stages by Columbia Capital. | – | colcap.com | Alexandria, United States | |
Early-stage US tech startups are invested in by Grotech Ventures. | – | grotech.com | Arlington, United States | |
- | – | ceva-dsp.com | - | |
Mobile communication technologies are developed and licensed by Interdigital. | 1972 | interdigital.com | King Of Prussia, United States |
Investor details for Hillcrest Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Timeline of Hillcrest Labs
5 dated milestones of Hillcrest Labs across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Hillcrest Labs is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series E, of $450K.
- Exit Acquired by Interdigital.
- Exit Acquired by CEVA.
Competitors of Hillcrest Labs
Hillcrest Labs 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 Navenio, TRX Systems, Converge, Point One Navigation and Oxford Metrics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| navenio.com | 2015 | London, United Kingdom | $31.01M | 60 | Sensor-based location monitoring systems are provided for healthcare workforce. | |
| trxsystems.com | 2004 | Greenbelt, United States | $2.9M | 20 | Sensor fusion algorithms for indoor tracking systems are developed. | |
| converge.io | 2014 | London, United Kingdom | $40.8M | 36 | Sensor networks are utilized for monitoring construction sites. | |
| pointonenav.com | 2016 | San Francisco, United States | $37.49M | 34 | Cloud-based ultra-precise location services are delivered via GPS and sensors. | |
| oxfordmetrics.com | 1984 | Kidlington, United Kingdom | – | 214 | Sensing software is provided for motion measurement and asset management. | |
| imagimob.com | 2013 | Stockholm, Sweden | $1.77M | – | Sensor fusion is applied to learn movements from wearable data. | |
| motiongestures.com | 2016 | Waterloo, Canada | $4M | 8 | AI and cloud-based motion gesture recognition systems are provided. | |
| bragi.com | 2013 | Munich, Germany | $22M | 62 | Smart wireless headphones with performance tracking and translation are developed. |
Detailed competitors of Hillcrest Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Hillcrest Labs
Websites that share an audience with Hillcrest Labs (hillcrestlabs.com).
Websites whose visitors overlap most with Hillcrest Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
avenard.org | avenard.org | 100% | – | #1,776,087 | – |
| geek.com | 99% | 16.1K | #1,530,393 | View details | |
kylo.tv | kylo.tv | 88% | – | – | – |
| engadget.com | 86% | 6.8M | #12,531 | View details | |
freespace.net | freespace.net | 81% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Hillcrest Labs
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Hillcrest Labs
Complete news archive for Hillcrest Labs
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.
Similar companies to Hillcrest Labs
10 companies that operate in the same segment as Hillcrest Labs (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.57 M | USD 4.74 B | 3,340 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Frequently Asked Questions about Hillcrest Labs
Hillcrest Labs was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Hillcrest Labs is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
Hillcrest Labs is a funded company, having raised a total of $60.74M across 6 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on Jun 2004.
Hillcrest Labs has 44 employees.
Hillcrest Labs is the developer of freespace motion control technology supplier of motion processing solutions. These solutions use MEMS sensors to capture human and mechanical movement, translating that into motion patterns which can be used to control and interact with devices. Customers include LG, Sony, Logitech, Roku, etc. Hillcrest Labs has received numerous awards including the CES Innovations Award in 2006, 2010, 2011 and 2012, PC Worlds 100 Best Products and Greatest Tech Designs. The company is funded by NEA, Columbia Capital, and Grotech Capital.
Hillcrest Labs's top competitors include Converge, Point One Navigation and Navenio.
Hillcrest Labs has 6 investors. Key investors include Interdigital, AllianceBernstein, NEA, Columbia Capital, and Grotech Ventures.
Yes. Hillcrest Labs was acquired by CEVA in July 2019.