About Infiot
Infiot is a company based in San Jose (United States) founded in 2018 by Anupam Rai, Sunil Mukundan, Panos Kougiouris, and Parag Thakore was acquired by Netskope in August 2022.. Infiot has raised $15 million across 2 funding rounds from investors including Netskope, Lightspeed Venture Partners and Neotribe. The company has 11 employees as of April 08, 2024. Infiot operates in a competitive market with competitors including Twingate, Teleport, Cyolo, Blaize and EnCharge, among others.
- Headquarter San Jose, United States
- Employees 11 as on 08 Apr, 2024
- Founders Anupam Rai, Sunil Mukundan, Panos Kougiouris, Parag Thakore
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Infiot Networks Private Limited
- Date of Incorporation 02 Aug, 2018
- Jurisdiction Teynampet, Tamil Nadu, India
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Annual Revenue
$768.38 K (USD)31.59as on Mar 31, 2022
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Net Profit
$85.45 K (USD)34.34as on Mar 31, 2022
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EBITDA
$125.95 K (USD)37.22as on Mar 31, 2022
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Oct 14, 2020
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Investors
Netskope
& 4 more
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Employee Count
11
as on Apr 08, 2024
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Acquired by
Netskope
(Aug 02, 2022)
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CTO Team
1 people
Board Team
1 people
Software Development Team
1 people
Sales and Marketing
1 people
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Funding Insights of Infiot
Infiot has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in October 2020. 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 2
- Last Round Series A — $15.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Infiot | Valuation | Lightspeed Venture Partners , Neotribe |
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| Jun, 2018 | Amount | Seed - Infiot | Valuation | Neotribe |
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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 Infiot
Infiot has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Netskope, Lightspeed Venture Partners and Neotribe. 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 investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Early-stage enterprise startups are funded by WestWave 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 Infiot
| 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 - Infiot
| 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 |
Infiot Comparisons
Competitors of Infiot
Infiot 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 Twingate, Teleport, Cyolo, Blaize and EnCharge, 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 |
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| domain | founded_year | HQ Location |
Cloud-based zero trust remote access solutions are provided for networks.
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| domain | founded_year | HQ Location |
Cloud-based open-source software is provided for access to computing resources.
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| domain | founded_year | HQ Location |
Connectivity management solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Edge AI infrastructure solutions are provided for diverse applications.
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| domain | founded_year | HQ Location |
Provider of AI computation stack solution
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| domain | founded_year | HQ Location |
Employee engagement tools are provided for morale tracking and insights.
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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 Infiot
Frequently Asked Questions about Infiot
When was Infiot founded?
Infiot was founded in 2018.
Where is Infiot located?
Infiot is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Infiot?
Parag Thakore is the current CEO of Infiot. They have also founded this company.
Is Infiot a funded company?
Infiot is a funded company, having raised a total of $15M across 2 funding rounds to date.
How many employees does Infiot have?
As of Apr 08, 2024, the latest employee count at Infiot is 11.
What is the annual revenue of Infiot?
Annual revenue of Infiot is $768.38K as on Mar 31, 2022.
What does Infiot do?
Infiot was founded in 2018 in San Jose, United States, as a provider of cloud-based intelligent thin wireless edge access platforms. Wired, wireless, and cellular connectivity are supported through an AI-enabled system that delivers connectivity, zero-trust security, and edge computing for remote users, sites, and devices worldwide. Solutions are offered to sectors including IoT, education, healthcare, and manufacturing.
Who are the top competitors of Infiot?
Who are Infiot's investors?
Infiot has 5 investors. Key investors include Netskope, Lightspeed Venture Partners, Neotribe, WestWave Capital, and Harpoon Ventures.