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 as of December 31, 2015. 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 as on 31 Dec, 2015
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60.74 M (USD)
in 6 rounds
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Latest Funding Round
$450 K (USD), Series E
Dec 12, 2016
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Investors
Interdigital
& 5 more
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Employee Count
44
as on Dec 31, 2015
- Acquired by
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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 Total Funding
- Total Rounds 6
- Last Round Series E — $450,000
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First Round
First Round
(01 Jun 2004)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series E - Hillcrest Labs | Valuation |
investors |
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| Feb, 2012 | Amount | Series E - Hillcrest Labs | Valuation |
investors |
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| Apr, 2011 | Amount | Series E - Hillcrest Labs | Valuation | New Enterprise Associates , AllianceBernstein |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Private debt fund focused on multiple sectors
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Founded Year | Domain | Location | |
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US tech companies are funded across stages by Columbia Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hillcrest Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hillcrest Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hillcrest Labs Comparisons
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. 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 |
Sensor-based location monitoring systems are provided for healthcare workforce.
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| domain | founded_year | HQ Location |
Sensor fusion algorithms for indoor tracking systems are developed.
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| domain | founded_year | HQ Location |
Sensor networks are utilized for monitoring construction sites.
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| domain | founded_year | HQ Location |
Cloud-based ultra-precise location services are delivered via GPS and sensors.
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| domain | founded_year | HQ Location |
Sensing software is provided for motion measurement and asset management.
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| domain | founded_year | HQ Location |
Sensor fusion is applied to learn movements from wearable data.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hillcrest Labs
Frequently Asked Questions about Hillcrest Labs
When was Hillcrest Labs founded?
Hillcrest Labs was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Hillcrest Labs located?
Hillcrest Labs is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
Is Hillcrest Labs a funded company?
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 E of $5.54M, raised on Jun 01, 2004.
How many employees does Hillcrest Labs have?
As of Dec 31, 2015, the latest employee count at Hillcrest Labs is 44.
What does Hillcrest Labs do?
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.
Who are the top competitors of Hillcrest Labs?
Hillcrest Labs's top competitors include Converge, Point One Navigation and Navenio.
Who are Hillcrest Labs's investors?
Hillcrest Labs has 6 investors. Key investors include Interdigital, AllianceBernstein, NEA, Columbia Capital, and Grotech Ventures.
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