Mymo Wireless

Bengaluru, India Founded: 2009 • Age: 17 yrs
Wireless connectivity solutions for IoT and M2M applications are provided.
Annual revenue $40,040 Latest available
Total funding $124,771 2 rounds
Employees 3 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Mymo Wireless

Mymo Wireless is a company based in Bengaluru (India) founded in 2009. Mymo Wireless has raised $124.77 thousand across 2 funding rounds from investors including B Vijayabhaskar Shetty and SID IISC. The company has 3 employees as of April 05, 2024. Mymo Wireless operates in a competitive market with competitors including Rambus, Espressif, InvenSense, Everactive and Unisoc, among others.

  • Headquarter Bengaluru, India
  • Employees 3 as on 05 Apr, 2024
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mymo Wireless Technology Private Limited
  • Date of Incorporation 19 Feb, 2009
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $40.04 K (USD)
    -75.17
    as on Mar 31, 2021
  • Net Profit
    -$53.14 K (USD)
    -282.96
    as on Mar 31, 2021
  • EBITDA
    -$91.25 K (USD)
    -3.41
    as on Mar 31, 2021
  • Total Equity Funding
    $124.77 K (USD)

    in 2 rounds

  • Latest Funding Round
    $99.68 K (USD), Angel Round

    Feb 20, 2012

  • Investors
    SID IISC

    & 1 more

  • Employee Count
    3

    as on Apr 05, 2024

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Funding Insights of Mymo Wireless

Mymo Wireless has successfully raised a total of $124.77K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $99.68 thousand completed in February 2012. 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.

Investors in Mymo Wireless

Mymo Wireless has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include B Vijayabhaskar Shetty and SID IISC.

All
Institutional
Angel
Investor Description Founded Year Domain Location
After-school educational programs are delivered to students in Bengaluru.
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B Vijayabhaskar Shetty

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Investments & Acquisitions by Mymo Wireless

Investments
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Financial Statements - Mymo Wireless

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Detailed financials for Mymo Wireless

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Mymo Wireless Comparisons

Mymo Wireless Primary company
Description
Wireless connectivity solutions for IoT and M2M applications...
Location
Bengaluru, India
Founded Year
2009
Annual Revenue
$40.04 K (USD)
Net Profit
-$53.14 K (USD)
EBITDA
-$91.25 K (USD)
Employees
3
As of 2024
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Peer comparison for Mymo Wireless

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Competitors of Mymo Wireless

Mymo Wireless 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 Rambus, Espressif, InvenSense, Everactive and Unisoc, among others.

Company Name Domain Founded year HQ Location Description
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AI-based silicon IP and chip solutions are developed and licensed.
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Provides wireless SOCs for Wi-Fi and Bluetooth in IOT Applications
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MotionTracking sensor system on chips with integrated motion and sound solutions
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IoT-based energy harvesting solutions for enterprises are provided.
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SoCs for mobile communication and IoT applications are provided.
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AI-based system-on-chips for IoT applications are provided.
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Detailed competitors of Mymo Wireless

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Latest news on Mymo Wireless

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Frequently Asked Questions about Mymo Wireless

Mymo Wireless was founded in 2009.

Mymo Wireless is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Mymo Wireless is a funded company, having raised a total of $124.77K across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Mymo Wireless is 3.

Annual revenue of Mymo Wireless is $40.04K as on Mar 31, 2021.

Mymo Wireless provides wireless connectivity technology solutions based on 3Gpp (based on evolved GSM), 4G LTE, etc. It also provides full stack support for LTE Chipsets, customizable for IoT, M2M, and military specific applications. It has strategic partnerships with tier 1 companies and has launched the Multi-UE emulator Femto Base Stations. It has won in various award events like innovators competition by FICCI (2009), Award of Excellence by Government of India on 25 December 2014, Most promising company award by CIOReview (2015).

Mymo Wireless's top competitors include Espressif, Rambus and Unisoc.

Mymo Wireless has 2 investors. Key investors include B Vijayabhaskar Shetty, and SID IISC.

The valuation of Mymo Wireless is $2.54M as of Feb 2012.

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