About LocaLoop
LocaLoop is a company based in Minneapolis (United States) founded in 2005. LocaLoop has raised $1.15 million across 4 funding rounds. LocaLoop offers products and services including synKro Internet Service and 4G+ Business in a Box. LocaLoop operates in a competitive market with competitors including Vanu, Amarisoft, Endaga, Air-Lynx and Range Networks, among others.
- Headquarter Minneapolis, United States
- SectorsTelecommunications
- Email••••••••
- Website localoop.com
- Social LinkedIn X
- Legal Name Localoop, Inc.
- Total Equity Funding$1.15M (USD)
in 4 rounds
- Latest Funding Round$323.06K (USD), Seed
Dec 2018
Products & Services of LocaLoop
LocaLoop offers a comprehensive portfolio of products and services, including synKro Internet Service and 4G+ Business in a Box.
Cloud-driven 4G+ broadband for rural connectivity and user management
Complete hardware and software package for quick broadband deployment
Funding Insights of LocaLoop
LocaLoop has successfully raised a total of $1.15M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $323.06 thousand completed in December 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 $1.15M
- Total Rounds 4
- Last Round Seed — $323,064
- First Round $280,000
(Jun 2012)
All 4 funding rounds of LocaLoop 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 |
|---|---|---|---|---|---|
| Dec 2018 | $323,064 | Seed | – | – | – |
| Jul 2017 | $551,479 | Seed | – | – | – |
| Sep 2016 | $50,000 | Debt – Conventional | – | – | – |
| Jun 2012 | $280,000 | Seed | – | – | – |
People of LocaLoop
1 people are tracked at LocaLoop (1 in leadership).
| Name | Role | Group |
|---|---|---|
Carl-Johan Torarp | CEO | Leadership |
Complete people profiles for LocaLoop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LocaLoop
3 dated milestones of LocaLoop across 13 years, from founding to its latest funding, stage changes and deals.
- Founded LocaLoop is founded.
- Funding First funding round of $280K.
- Funding Latest funding round, Seed, of $323K.
Competitors of LocaLoop
LocaLoop 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 Vanu, Amarisoft, Endaga, Air-Lynx and Range Networks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanu.com | 1998 | Lexington, United States | $88.17M | 7 | Software Radio Access Network solutions to enable coverage | |
| amarisoft.com | 2012 | Levallois Perret, France | – | – | 4G LTE network solutions are provided to telecom industry. | |
| endaga.com | 2014 | Berkeley, United States | $1.2M | – | Cellphone networks are enabled for setup using Endaga's hardware. | |
| air-lynx.com | 2013 | Paris, France | $1.63M | – | 4G LTE private networks are supplied for professional communications. | |
| rangenetworks.com | 2011 | Santa Clara, United States | $10M | – | Software-defined RAN solutions are provided for rural mobile networks. | |
| fairwaves.co | 2011 | Moscow, Russia | $118,000 | – | Low-cost open source equipment is provided for rural mobile operators. | |
| virtualnetcom.com | 2014 | Chantilly, United States | $1M | – | Networking products are designed and manufactured for telecom operators. | |
| vnl.in | 2004 | Gurugram, India | – | 67 | Offers end-to-end mobile connectivity, homeland security, and tactical communication solutions. | |
| saycel.com | 2014 | Bluefields, Nicaragua | – | – | Low-cost cellular networks are delivered via open source software. | |
| villagetelco.org | 2011 | Halifax, Canada | – | – | Wi-Fi mesh network in a box solution for rural areas |
Detailed competitors of LocaLoop
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to LocaLoop
10 companies that operate in the same segment as LocaLoop (Telecom Infrastructure Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Telecom and broadband network solutions are provided by the company. | 2000 | Bengaluru, Karnataka, India | USD 35 M | USD 296.21 M | 3,279 | |
Cloud networking solutions are delivered via AI and SaaS platforms. | 2004 | Santa Clara, California, United States | USD 1.5 M | USD 7 B | 4,410 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Multi-access edge networking computing platform is provided for mobile services. | 2005 | Richardson, Texas, United States | USD 105.36 M | – | – | |
Cloud security solutions are delivered for enterprise visibility and protection. | 2012 | Santa Clara, California, United States | USD 1.44 B | USD 34.05 M | 530 | |
Broadband access solutions are delivered via DSL and wireless backhaul. | 1998 | Fremont, California, United States | USD 162.49 M | – | – | |
Cloud network security management software is offered for enterprises. | 2015 | Tel Aviv, Israel | USD 1.16 B | – | – | |
SoftSwitch and VOIP solutions are provided for cloud-based communication networks. | 1981 | London, England, United Kingdom | USD 21.5 M | – | 833 | |
Cloud-based network management software is provided for infrastructure planning. | 1992 | Hanover, New Hampshire, United States | – | USD 4.77 B | 8,660 | |
Enterprise SD WAN network management solutions are provided globally. | 1985 | Shenzhen, Guangdong, China | – | USD 19.06 B | 68,380 |
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Frequently Asked Questions about LocaLoop
LocaLoop was founded in 2005 and raised its 1st funding round 7 years after it was founded.
LocaLoop is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
LocaLoop is a funded company, having raised a total of $1.15M across 4 funding rounds to date. The company's 1st funding round was a Seed of $280K, raised on Jun 2012.
LocaLoop provides a patented cloud-based platform that enables service providers to quickly deploy 4G network deployment (vs. legacy software and devices) in rural areas in a cost effective manner. It replaces legacy on-premises business software, network operating center, traditional core network capabilities. It is utilizing SDN and NFV technology. Through its partners (equipment vendors) it provides complete 4G network in a box. It also provides broadband internet to entrepreneurs and start-ups with its brand synKro. As per Saasware, the company is looking to raise 1M in funding.
LocaLoop's top competitors include Vanu, Amarisoft and Vihaan Networks.
LocaLoop offers synKro Internet Service and 4G+ Business in a Box.
LocaLoop operates through Localoop, Inc..