About Kindite
Kindite is a company based in Tel Aviv (Israel) founded in 2016 was acquired by RingCentral in March 2021.. Kindite has raised $4 million across 1 funding round from investors including RingCentral, Elron Ventures and Elron Ventures. Kindite operates in a competitive market with competitors including Rubrik, Tenable, BigID, Varonis and Druva, among others.
- Headquarter Tel Aviv, Israel
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Oct 16, 2018
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Investors
RingCentral
& 3 more
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Employee Count
Employee Count
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Acquired by
RingCentral
(Mar 22, 2021)
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Funding Insights of Kindite
Kindite has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in October 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 Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(16 Oct 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series A - Kindite | Valuation | Rafael Development Corporation , Elron Ventures |
| 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 Kindite
Kindite has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include RingCentral, Elron Ventures and Elron Ventures. 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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Early-growth technology startups are supported by Elron Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technologies companies
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Founded Year | Domain | Location | |
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Stage-agnostic tech-focused VC firm investing in geographies such as Israel and China
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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 Kindite
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Kindite
| 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 |
Kindite Comparisons
Competitors of Kindite
Kindite 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 Rubrik, Tenable, BigID, Varonis and Druva, 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 |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Predictive vulnerability assessments are delivered via cloud-based monitoring.
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| domain | founded_year | HQ Location |
Cloud-based platform for data privacy management software is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for data privacy and document sharing is offered.
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| domain | founded_year | HQ Location |
Enterprise data is protected across cloud, SaaS, and devices.
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| domain | founded_year | HQ Location |
Provider of cloud data security solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Kindite
Frequently Asked Questions about Kindite
When was Kindite founded?
Kindite was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Kindite located?
Kindite is headquartered in Tel Aviv, Israel.
Is Kindite a funded company?
Kindite is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Oct 16, 2018.
What does Kindite do?
Kindite was founded in 2016 in Tel Aviv, Israel, as a cybersecurity startup operating in stealth mode. A solution for cloud data security is being developed, with emphasis on encryption that aligns with cloud scale economy. The founder and CTO, Aviad Lahav, previously served as Chief Architect and acting CTO at Vaultive, a cloud security company. Four relevant US patents were granted to him for encryption gateway developments there.
Who are the top competitors of Kindite?
Who are Kindite's investors?
Kindite has 4 investors. Key investors include RingCentral, Elron Ventures, Elron Ventures, and CE Ventures.
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