About MobiApps
MobiApps is a company based in Austin (United States) founded in 2001 by Jayesh Parekh was acquired by Digi International in June 2009. MobiApps has raised $18.7 million across 3 funding rounds from investors including Digi International, United Overseas Bank and myv.co.il. MobiApps operates in a competitive market with competitors including Kymeta, Iridium Communications, Gilat Satellite Networks, Blue Sky Network and ST Engineering, among others.
- Headquarter Austin, United States
- Founders Jayesh Parekh
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Sectors
Telecommunications
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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
$18.7 M (USD)
in 3 rounds
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Latest Funding Round
$700 K (USD), Series B
Jul 07, 2009
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Investors
Digi International
& 6 more
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Employee Count
Employee Count
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Acquired by
Digi International
(Jun 08, 2009)
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Funding Insights of MobiApps
MobiApps has successfully raised a total of $18.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $700 thousand completed in July 2009. 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 3
- Last Round Series B — $700,000
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First Round
First Round
(16 Oct 2003)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2009 | Amount | Series B - MobiApps | Valuation | Maayan Ventures |
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| Dec, 2005 | Amount | Series B - MobiApps | Valuation | UOB | |
| Oct, 2003 | Amount | Series A - MobiApps | Valuation | unknown , unknown |
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Investors in MobiApps
MobiApps has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Digi International, United Overseas Bank and myv.co.il.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A platform offering consulting services in construction, legal, and financial sectors.
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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A global private markets firm focused on investment solutions.
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Founded Year | Domain | Location |
Investments & Acquisitions by MobiApps
Financial Statements - MobiApps
Mobiapps Comparisons
Competitors of MobiApps
MobiApps 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 Kymeta, Iridium Communications, Gilat Satellite Networks, Blue Sky Network and ST Engineering, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based antenna systems for satellite communications are provided.
|
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| domain | founded_year | HQ Location |
Satellite and telecommunication services are provided globally.
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| domain | founded_year | HQ Location |
Satellite-based broadband communications solutions and services are provided.
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| domain | founded_year | HQ Location |
Provider of GSM and iridium-based fleet management and satellite tracking solutions
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| domain | founded_year | HQ Location |
SaaS-based solutions for rail fleet operations management are developed.
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| domain | founded_year | HQ Location |
Provider of satellite communication services
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Frequently Asked Questions about MobiApps
MobiApps was founded in 2001 and raised its 1st funding round 2 years after it was founded.
MobiApps is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
MobiApps is a funded company, having raised a total of $18.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Oct 16, 2003.
MobiApps was founded in 2001 in Austin, United States, within the telecommunications sector. Hybrid technologies combining terrestrial wireless systems such as 802.11, GPRS, and CDMA with satellite capabilities are developed and licensed. Transceivers integrating satellite communications and GPS receivers on single chipsets are delivered to support global applications across industries. Operations focus on low-cost deployment for commercial clients.
MobiApps's top competitors include Kymeta, Gilat Satellite Networks and Iridium Communications.
MobiApps has 7 investors. Key investors include Digi International, United Overseas Bank, myv.co.il, Intel Capital, and Partners Group.