About Palm
Palm is a Consumer company based in San Francisco (United States) founded in 1992 by Howard Nuk and Dennis Miloseski, and was acquired by HP in April 2010. Smartphones and accessories are offered by an internet-first brand. It operates on a Direct-to-Consumer (D2C) model. Palm has raised $100 million across 2 funding rounds from investors including 3Com, HP and Elevation Partners. Palm has completed 1 acquisition, including Peanut Press. Its website palm.com draws about 40 thousand monthly visits. Palm offers products and services including Palm Small Phone. Its focus areas include Technology, Consumer Electronics and Mobile Devices. Its legal entity is Palm Inc.
Company details
Palm is engaged in the design and sale of small smartphones tailored for minimalists, athletes, and families. The company focuses on delivering compact devices that fit easily into small spaces, offering an alternative to larger phones. Solutions include high-density displays, advanced cameras, and features like Life Mode to reduce distractions. The sector primarily served is consumer electronics with an emphasis on mobile devices.
- Total Equity Funding$100M (USD)
in 2 rounds
- Latest Funding Round$100M (USD), Series C
Jan 2009
- Investors3Com
& 2 more
- Investments & Acquisitions
- Acquired by
Products & Services of Palm
Palm offers a comprehensive portfolio of products and services, including Palm Small Phone.
A compact phone designed for minimalists and athletes.
Funding Insights of Palm
Palm has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in January 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 $100M
- Total Rounds 2
- Last Round Series C — $100M
- First Round $100M
(Dec 2008)
- Investors Count 1
All 2 funding rounds of Palm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2009 | $100M | Series C | – | – | – |
| Dec 2008 | $100M | Post-IPO | – | – |
3 investors in total: 3 institutional.
Investors in Palm
Palm has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include 3Com, HP and Elevation Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology-focused private equity investments are conducted in the US. | elevation.com | Menlo Park, United States | ||
Hardware, software, and IT services are provided globally to businesses. | 1939 | hp.com | Palo Alto, United States | |
Networking hardware and security systems are supplied for enterprise use. | 1978 | 3com.com | Marlborough, United States |
Investor details for Palm
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Palm
3 people are tracked at Palm (3 in leadership).
| Name | Role | Group |
|---|---|---|
Howard Nuk | Co-Founder | Leadership |
Dennis Miloseski | Co-Founder | Leadership |
Jonathan Rubinstein | CEO | Leadership |
Complete people profiles for Palm
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Palm
Palm has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Peanut Press.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
News on multiple topics is covered by Peanut Press blog. | peanutpress.com | Maynard, United States | 1998 | Mar 2001 | •••• |
Complete acquisition details for Palm
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Palm
8 dated milestones of Palm across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Palm is founded.
- Exit Acquired by 3Com.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Peanut Press.
- Exit Acquired by Elevation Partners.
- Funding First funding round of $100.0M.
- Funding Latest funding round, Series C, of $100.0M.
- Exit Acquired by HP.
Web traffic of Palm
The website of Palm (palm.com) receives about 39.6K visits a month and ranks #639,092 among all websites worldwide, #2,696 in Computer Hardware.
- Monthly visits39.6K
▼ 26.8% vs previous month
- Unique visitors26.1K
per month
- Global rank#639,092
among all websites
- Category rank#2,696
Computers Electronics and Technology · Computer Hardware
- Bounce rate42%
- Pages per visit1.7
- Average visit14 sec
- DevicesDesktop 19% · Mobile 81%
Websites whose visitors overlap most with Palm. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| apple.com | 100% | 530.5M | #73 | View details | |
palmgear.com | palmgear.com | 83% | – | ||
palminfocenter.com | palminfocenter.com | 83% | #4,972,046 | – | |
nextpit.fr | nextpit.fr | 80% | #196,834 | – | |
| microsoft.com | 79% | 1.2B | #33 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Palm
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Consumer Electronics
3 companies that operate in the same segment as Palm (Consumer Electronics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | Redmond, Washington, United States | USD 281.72 B | 228,000 | ||
Consumer electronics, computers, and software are designed and sold worldwide. | 1976 | Cupertino, California, United States | USD 416.16 B | 164,000 | ||
Consumer electronics and entertainment products are designed for global markets. | 1946 | New York, New York, United States | USD 78.25 B | 112,300 |
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Frequently Asked Questions about Palm
Palm was founded in 1992 and raised its 1st funding round 16 years after it was founded.
Palm is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Palm is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a Post-IPO of $100M, raised on Dec 2008.
Palm is engaged in the design and sale of small smartphones tailored for minimalists, athletes, and families. The company focuses on delivering compact devices that fit easily into small spaces, offering an alternative to larger phones. Solutions include high-density displays, advanced cameras, and features like Life Mode to reduce distractions. The sector primarily served is consumer electronics with an emphasis on mobile devices.
Palm offers Palm Small Phone.
Palm has made 1 acquisition, including Peanut Press.
Palm has 3 investors. Key investors include 3Com, HP, and Elevation Partners.
Palm operates through Palm Inc.
Yes. Palm was acquired by HP in April 2010.