About Macheen
Macheen is a company based in Austin (United States) founded in 2010 was acquired by Good Technology in October 2014.. Macheen has raised $22.99 million across 4 funding rounds from investors including Qualcomm, Good Technology and Mercury Fund. Macheen operates in a competitive market with competitors including Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, among others.
- Headquarter Austin, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Macheen, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.99 M (USD)
in 4 rounds
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Latest Funding Round
$1.4 M (USD), Debt – Venture
Dec 01, 2013
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Investors
Qualcomm
& 4 more
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Employee Count
Employee Count
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Acquired by
Good Technology
(Oct 21, 2014)
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Funding Insights of Macheen
Macheen has successfully raised a total of $22.99M across 4 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $1.4 million completed in December 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 Total Funding
- Total Rounds 4
- Last Round Debt – Venture — $1.4M
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First Round
First Round
(22 Apr 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Debt – Venture - Macheen | Valuation |
investors |
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| Nov, 2012 | Amount | Series C - Macheen | Valuation | Qualcomm , North Bridge Venture Partners |
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| Jun, 2011 | Amount | Series B - Macheen | Valuation | North Bridge Venture Partners |
| 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 Macheen
Macheen has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, Good Technology and Mercury Fund. 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-stage investments are directed toward US, India, and Canada firms.
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Founded Year | Domain | Location | |
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US focused seed to growth stage VC firm
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Founded Year | Domain | Location | |
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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 Macheen
| 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 - Macheen
| 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 |
Macheen Comparisons
Competitors of Macheen
Macheen 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 Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, 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 |
Cloud-based network infrastructure for IoT applications is provided.
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| domain | founded_year | HQ Location |
Platform for IoT deployments and network connectivity management is provided.
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| domain | founded_year | HQ Location |
Broadband communication technologies for IoT are developed and deployed.
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| domain | founded_year | HQ Location |
IoT connectivity and management solutions are provided for various markets.
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| domain | founded_year | HQ Location |
Cloud-based WiFi infrastructure connectivity management software is provided.
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| domain | founded_year | HQ Location |
Cloud platform for M2M and IoT connectivity is offered.
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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 Macheen
Frequently Asked Questions about Macheen
When was Macheen founded?
Macheen was founded in 2010.
Where is Macheen located?
Macheen is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Macheen a funded company?
Macheen is a funded company, having raised a total of $22.99M across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Apr 22, 2010.
What does Macheen do?
Macheen develops a service platform designed to provide retailers and manufacturers internet connectivity with laptop, tablets and other computing devices. It has developed a mobile cloud that provides mobile broadband connectivity to just the applications the user needs for that device such as email, entertainment, security, or specialized education apps allowing them to customize their connectivity without having to buy a comprehensive data plan. Investors include Dell executive and tech investor Tom Meredith, former Microsoft executive Mike Maples apart from Gem Ventures, Mercury Fund, North Bridge and Qualcomm.
Who are the top competitors of Macheen?
Macheen's top competitors include Cradlepoint, Hologram and EMnify.
Who are Macheen's investors?
Macheen has 5 investors. Key investors include Qualcomm, Good Technology, Mercury Fund, North Bridge Venture Partners, and GemVentures.
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