About Iotium
Iotium is a Technology company based in Santa Clara (United States) founded in 2015, and was acquired by View in July 2021. IoT cloud-based solutions for network connectivity are provided. Iotium has raised $22 million across 2 funding rounds from investors including Honeywell, View and General Electric. The company has 42 employees. Its Indian entity Iotium Systems Private Limited reported revenue of ₹21.55 Cr. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Platforms and Connectivity Management. Its competitors include Cradlepoint, Platform9 Systems and Aeris; 3 of its 3 listed competitors have raised funding.
Company details
IoTium provides an IoT cloud-based solutions for network connectivity. Offers OT-Net that provides connectivity management solutions using ioTiums Network Infrastructure offered as-a-Service for connecting different assets using different protocols to any application residing in any cloud or data center. Also offers OT-Access, which is a remote access management infrastructure and OT-Edge, which is built on remotely-managed Kubernetes, ioTiums Edge-Cloud Infrastructure enables one-click remote deployment and management of containerized applications. Has use case in building automation, oil gas, power and utilities, manufacturing, healthcare, and smart cities applications.
- Headquarters Santa Clara, United States
- Employees 42
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website iotium.io
- Social LinkedIn X
- Acquired by View (Jul 2021)
- Legal Name Iotium Systems Private Limited
- Date of Incorporation 11 Mar, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹21.55 Cr
FY 2024 · +23% YoY
- Indian entity net profit₹2.93 Cr
FY 2024 · 14% margin
- Indian entity EBITDA₹4.22 Cr
FY 2024 · 20% margin
- Total Equity Funding$22M (USD)
in 2 rounds
- Latest Funding Round$13.6M (USD), Series B
Sep 2018
- InvestorsHoneywell
& 7 more
- Employee Count42
- Acquired byView
(Jul 2021)
Associated legal entities of Iotium
Iotium operates through Iotium Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iotium Systems Private Limited CIN U72900TN2016FTC104643 | Active | 11 Mar 2016 | Chennai, Tamil Nadu | ₹21.5 Cr | 42 | 2 | View details |
Funding Insights of Iotium
Iotium has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.6 million completed in September 2018. 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 $22M
- Total Rounds 2
- Last Round Series B — $13.6M
- First Round $8.4M
(May 2017)
- Investors Count 7
All 2 funding rounds of Iotium 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 |
|---|---|---|---|---|---|
| Sep 2018 | $13.6M | Series B | – | March Capital | |
| May 2017 | $8.4M | Series A | – | General Electric, March Capital |
8 investors in total: 7 institutional and 1 angel.
Investors in Iotium
Iotium has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Honeywell, View and General Electric.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in multiple sectors | marchcp.com | Santa Monica, United States | ||
US tech companies are invested in by JC2 Ventures. | jc2ventures.com | Palo Alto, United States | ||
US tech companies are invested in by Hanna Capital. | 1989 | hannacapitalllc.com | Atlanta, United States | |
Diversified operations are conducted across multiple industries worldwide. | 1892 | ge.com | United States | |
Cloud-based enterprise networking and firewall solutions are delivered. | 1996 | juniper.net | Sunnyvale, United States | |
Diversified electronics and automation equipment are manufactured and supplied. | 1885 | honeywell.com | United States | |
PP Pankaj Patel | Chairman of Zydus Cadila, prominent Indian angel investor in healthcare | unknown_25bab24d1e0948dd8 | ||
AI and app-based smart windows are provided for buildings. | 2007 | view.com | Milpitas, United States |
Investor details for Iotium
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Board of directors of Iotium Systems Private Limited (Iotium)
Iotium Systems Private Limited is the primary company behind Iotium. The board of Iotium Systems Private Limited currently have 2 directors; the longest-serving is Jastine, appointed in 2021. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jastine DIN 08288529 | Director | 31 Jul 2021 | 5 yrs 2 mo | Iotium Systems Private Limited |
| Arunkumar Lakshminarayanan DIN 09287189 | Director | 11 Aug 2021 | 5 yrs 2 mo | Iotium Systems Private Limited |
People of Iotium
4 people are tracked at Iotium (1 in leadership, 3 in team); the tracked headcount is 42.
| Name | Role | Group |
|---|---|---|
Sady Kanthadai | Head of Engineering, India | Leadership |
Padma Priya | Cloud Infra based Senior support engineer | Team |
SASIKUMAR K R | Senior Software Engineer | Team |
RajaVignaeswaran B | Senior Engineer | Team |
Complete people profiles for Iotium
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Financials of Iotium
Figures of Iotium Systems Private Limited, the primary company behind Iotium, for FY 2024. Revenue was ₹21.55 Cr (+23% year on year). Net profit was ₹2.93 Cr (14% margin). EBITDA was ₹4.22 Cr (20% margin). Revenue has grown at a compounded annual rate of +37% over three years and +27% over five years.
- ₹21.55 CrRevenue · FY 2024 · +23% YoY
- ₹2.93 CrNet profit · 14% margin
- ₹4.22 CrEBITDA · 20% margin
- ₹1 LakhPaid-up capital
- 42Employees (provident fund records)
- +37%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iotium Systems Private Limited are on its company page.
Detailed financial statements for Iotium
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Timeline of Iotium
4 dated milestones of Iotium across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Iotium is founded.
- Funding First funding round of $8.4M.
- Funding Latest funding round, Series B, of $13.6M.
- Exit Acquired by View.
Competitors of Iotium
Iotium has 3 listed competitors in our database, 3 of them funded. They include Cradlepoint, Platform9 Systems and Aeris.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cradlepoint.com | 2004 | Boise, United States | $154.85M | 693 | Cloud-based network infrastructure for IoT applications is provided. | |
| platform9.com | 2013 | Sunnyvale, United States | $100M | 64 | Container development and management platforms are provided for private clouds. | |
| aeris.com | 1992 | Santa Clara, United States | $29M | 137 | Secure, scalable IoT solutions are provided for diverse industries. |
Detailed competitors of Iotium
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Top companies in Big Data & Cloud Infrastructure
3 companies that operate in the same segment as Iotium (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 |
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Related news about Iotium
Complete news archive for Iotium
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Frequently Asked Questions about Iotium
Iotium was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Iotium is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Iotium is a funded company, having raised a total of $22M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.4M, raised on May 2017.
Iotium has 42 employees.
The primary company behind Iotium, Iotium Systems Private Limited, reported revenue of ₹21.55 Cr for FY 2024, up 23% year on year.
IoTium provides an IoT cloud-based solutions for network connectivity. Offers OT-Net that provides connectivity management solutions using ioTiums Network Infrastructure offered as-a-Service for connecting different assets using different protocols to any application residing in any cloud or data center. Also offers OT-Access, which is a remote access management infrastructure and OT-Edge, which is built on remotely-managed Kubernetes, ioTiums Edge-Cloud Infrastructure enables one-click remote deployment and management of containerized applications. Has use case in building automation, oil gas, power and utilities, manufacturing, healthcare, and smart cities applications.
Iotium's top competitors include Cradlepoint, Platform9 Systems and Aeris.
Iotium has 8 investors. Key investors include Honeywell, View, General Electric, Juniper Networks, and Hanna Capital.
Iotium operates through Iotium Systems Private Limited.
Yes. Iotium was acquired by View in July 2021.
The legal entities of Iotium currently have 2 directors, including Jastine, Arunkumar Lakshminarayanan.