About Milestone systems
Milestone systems is a company based in Copenhagen (Denmark) founded in 1998 was acquired by Canon in June 2014.. Milestone systems has raised $41.79 million across 7 funding rounds from investors including Canon, European Union and Index Ventures. The company has 23 employees as of April 05, 2024. Milestone systems has completed 1 acquisition, including Brighter AI.
- Headquarter Copenhagen, Denmark
- Employees 23 as on 05 Apr, 2024
- Stage Minicorn
-
Sectors
Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Milestone X-Protect India Private Limited
- Date of Incorporation 16 Jan, 2015
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$1.47 M (USD)-0.36as on Mar 31, 2023
-
Net Profit
$14.65 K (USD)-96.31as on Mar 31, 2023
-
EBITDA
$127.19 K (USD)25.59as on Mar 31, 2023
-
Total Equity Funding
$41.79 M (USD)
in 7 rounds
-
Latest Funding Round
$1.07 M (USD), Grant
Sep 01, 2018
-
Investors
Canon
& 2 more
-
Employee Count
23
as on Apr 05, 2024
- Investments & Acquisitions
-
Acquired by
Canon
(Jun 13, 2014)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
103 people
Sales and Marketing
59 people
Channel Team
44 people
Senior Team
15 people
Product Management Team
15 people
Leadership Team
14 people
Finance and Accounting
12 people
Inside Team
6 people
Unlock access to complete
Funding Insights of Milestone systems
Milestone systems has successfully raised a total of $41.79M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $1.07 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 Total Funding
- Total Rounds 7
- Last Round Grant — $1.1M
-
First Round
First Round
(19 Dec 2002)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Milestone systems | Valuation |
investors |
|
| Dec, 2013 | Amount | Series A - Milestone systems | Valuation |
investors |
|
| Apr, 2011 | Amount | Series A - Milestone systems | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Milestone systems
Milestone systems has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Canon, European Union and Index 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 |
|---|---|---|---|---|
|
Venture capital investments in technology startups and entrepreneurs.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Optical, imaging, and industrial products are provided worldwide.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Milestone systems
Milestone systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brighter AI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Video analytics are developed for automotive and retail sectors.
|
2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Milestone systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Milestone Systems Comparisons
Competitors of Milestone systems
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Milestone Systems
Frequently Asked Questions about Milestone systems
When was Milestone systems founded?
Milestone systems was founded in 1998 and raised its 1st funding round 4 years after it was founded.
Where is Milestone systems located?
Milestone systems is headquartered in Copenhagen, Denmark.
Is Milestone systems a funded company?
Milestone systems is a funded company, having raised a total of $41.79M across 7 funding rounds to date. The company's 1st funding round was a Series A of $14.55M, raised on Dec 19, 2002.
How many employees does Milestone systems have?
As of Apr 05, 2024, the latest employee count at Milestone systems is 23.
What is the annual revenue of Milestone systems?
Annual revenue of Milestone systems is $1.47M as on Mar 31, 2023.
What does Milestone systems do?
Milestone Systems was founded in 1998 in Copenhagen, Denmark, within the security technology sector. AI and cloud-based video management software is developed, along with network video recorders. Features such as facial recognition, voice recognition, smoke detection, motion detection, and video tracking are integrated into the platform. Risk management, asset protection, process optimization, and real-time people identification are supported through these solutions for various organizations.
How many acquisitions has Milestone systems made?
Milestone systems has made 1 acquisition, including Brighter AI.
Who are Milestone systems's investors?
Milestone systems has 3 investors. Key investors include Canon, European Union, and Index Ventures.
What is Milestone systems's valuation?
The valuation of Milestone systems is $95.18M as of Dec 2013.