About OleumTech
OleumTech is a company based in Lake Forest (United States) founded in 2000 by Larry Cleghorn.. OleumTech has raised $320 thousand across 1 funding round. OleumTech offers products and services including Wireless Transmitters, Wireless Gateways, Sensors and Switches, and BreeZ Software. OleumTech operates in a competitive market with competitors including Linksys, Dryad Networks, Whisker Labs, EnOcean and Celona, among others.
- Headquarter Lake Forest, United States
- Founders Larry Cleghorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Oleumtech Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$320 K (USD)
in 1 rounds
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Latest Funding Round
$320 K (USD), Seed
Dec 04, 2013
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Investors
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Employee Count
Employee Count
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Products & Services of OleumTech
OleumTech offers a comprehensive portfolio of products and services, including Wireless Transmitters, Wireless Gateways, Sensors and Switches, and BreeZ Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for transmitting data in industrial monitoring and control systems.
Gateways for connecting sensors to networks in IoT applications.
Components for detecting and measuring industrial parameters remotely.
Platform for managing wireless sensor networks in various industries.
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Funding Insights of OleumTech
OleumTech has successfully raised a total of $320K through 1 strategic funding round. The most recent funding activity was a Seed round of $320 thousand 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 1
- Last Round Seed — $320,000
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First Round
First Round
(04 Dec 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2013 | Amount | Seed - OleumTech | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by OleumTech
| 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 - OleumTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Oleumtech Comparisons
Competitors of OleumTech
OleumTech 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 Linksys, Dryad Networks, Whisker Labs, EnOcean 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 |
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| domain | founded_year | HQ Location |
Enterprise data networking hardware products are provided by Linksys.
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Wildfire detection and forest monitoring networks and platforms are developed.
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| domain | founded_year | HQ Location |
Provider of sensor hardware and software infrastructure
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| domain | founded_year | HQ Location |
Energy-harvesting wireless technology is developed for automation and sensing applications.
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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 |
Analog and mixed-signal ICs and sensors are designed and manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Oleumtech
Frequently Asked Questions about OleumTech
When was OleumTech founded?
OleumTech was founded in 2000 and raised its 1st funding round 13 years after it was founded.
Where is OleumTech located?
OleumTech is headquartered in Lake Forest, United States. It is registered at Lake Forest, California, United States.
Who is the current CEO of OleumTech?
Paul Gregory is the current CEO of OleumTech.
Is OleumTech a funded company?
OleumTech is a funded company, having raised a total of $320K across 1 funding round to date. The company's 1st funding round was a Seed of $320K, raised on Dec 04, 2013.
What does OleumTech do?
OleumTech was founded in 2000 and is headquartered in Lake Forest, United States. Wireless M2M communications and industrial automation solutions are offered for enterprise use in sectors such as oil and gas production, refining, petrochemicals, water and wastewater management, and broader IoT industries. The product range includes sensors and switches in wireless, hydrostatic, ultrasonic, hardwired, and thief hatch variants, along with patented wireless IO mirroring solutions, gateways, and Sigfox-compatible transmitters.
Who are the top competitors of OleumTech?
OleumTech's top competitors include Whisker Labs, Dryad Networks and EnOcean.
What products or services does OleumTech offer?
OleumTech offers Wireless Transmitters, Wireless Gateways, Sensors and Switches, and BreeZ Software.
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