About Island Radar
Island Radar is an Industrial Goods & Manufacturing company based in Olathe (United States) founded in 2010, and was acquired by Wavetronix in May 2018. Island Radar is focused on radar-based safety solutions for crossings. It operates on a Professional Services model. Island Radar has raised $600 thousand across 2 funding rounds from investors including Wavetronix. Island Radar offers products and services including Radar Detection System, Quad Gate System, and Blocked Crossing Detection. Its focus areas include Technology, Transportation Technology and Railroad Safety Systems. Its competitors include Matrix Industries, Cogniac and FarSounder; 2 of its 3 listed competitors have raised funding.
Company details
Island Radar is engaged in providing advanced radar detection systems for safer railroad crossings. Solutions are developed for detecting trains, vehicles, and pedestrians using Wavetronix SmartSensor-Matrix technology with railroad-specific firmware. Products like Quad Gate and Blocked Crossing Detection are offered to prevent accidents and improve communication with motorists. The company operates in the transportation safety sector, emphasizing reliability and ease of use without periodic maintenance.
- Headquarters Olathe, United States
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website islandradar.com
- Social X
- Acquired by Wavetronix (May 2018)
- Total Equity Funding$600K (USD)
in 2 rounds
- Latest Funding Round$600K (USD), Seed
Aug 2013
- Investors
- Acquired byWavetronix
(May 2018)
Products & Services of Island Radar
Island Radar offers a comprehensive portfolio of products and services, including Radar Detection System, Quad Gate System, and Blocked Crossing Detection.
Radar detection system is used for safer crossings.
Quad Gate system is designed for train safety.
Blocked crossing detection is provided for motorist communication.
Funding Insights of Island Radar
Island Radar has successfully raised a total of $600K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in August 2013. 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 $600,000
- Total Rounds 2
- Last Round Seed — $600,000
- First Round $300,000
(Feb 2012)
All 2 funding rounds of Island Radar 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 |
|---|---|---|---|---|---|
| Aug 2013 | $600,000 | Seed | – | – | – |
| Feb 2012 | $300,000 | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Island Radar
Island Radar has secured backing from 1 investor. Prominent investors backing the company include Wavetronix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides intelligent traffic systems and sensor networks for management and data analysis. | 2000 | wavetronix.com | Provo, United States |
Investor details for Island Radar
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People of Island Radar
1 people are tracked at Island Radar (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tom Hilleary | Founder and President | Leadership |
Complete people profiles for Island Radar
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Timeline of Island Radar
4 dated milestones of Island Radar across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Island Radar is founded.
- Funding First funding round of $300K.
- Funding Latest funding round, Seed, of $600K.
- Exit Acquired by Wavetronix.
Competitors of Island Radar
Island Radar has 3 listed competitors in our database, 2 of them funded. They include Matrix Industries, Cogniac and FarSounder.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| matrixindustries.com | 2011 | Menlo Park, United States | $59.31M | 8 | Smartwatches powered by body heat are developed using thermoelectric technology. | |
| cogniac.ai | 2015 | San Jose, United States | $45.79M | 37 | AI-based platform is utilized for managing visual operations in businesses. | |
| farsounder.com | 2001 | Warwick, United States | FarSounder is engaged in developing 3D forward-looking sonar technology. |
Detailed competitors of Island Radar
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Web traffic of Island Radar
The website of Island Radar (islandradar.com) receives about 1K visits a month.
- Monthly visits1K
▲ 110.6% vs previous month
Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Island Radar (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 |
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Related news about Island Radar
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Frequently Asked Questions about Island Radar
Island Radar was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Island Radar is headquartered in Olathe, United States. It is registered at Olathe, Kansas, United States.
Island Radar is a funded company, having raised a total of $600K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $300K, raised on Feb 2012.
Island Radar is engaged in providing advanced radar detection systems for safer railroad crossings. Solutions are developed for detecting trains, vehicles, and pedestrians using Wavetronix SmartSensor-Matrix technology with railroad-specific firmware. Products like Quad Gate and Blocked Crossing Detection are offered to prevent accidents and improve communication with motorists. The company operates in the transportation safety sector, emphasizing reliability and ease of use without periodic maintenance.
Island Radar's top competitors include Matrix Industries, Cogniac and FarSounder.
Island Radar offers Radar Detection System, Quad Gate System, and Blocked Crossing Detection.
Island Radar has 1 investor. Key investors include Wavetronix.
Yes. Island Radar was acquired by Wavetronix in May 2018.