About PeerApp
PeerApp is a company based in Austin (United States) founded in 2004 was acquired by ZephyrTel in July 2018.. PeerApp has raised $22.5 million across 4 funding rounds from investors including Summit Partners, Cedar Fund and Evergreen Venture Partners. The company has 10 employees as of December 31, 2022. PeerApp operates in a competitive market with competitors including Gracenote, TVU Networks, Brightcove, Broadpeak and Synamedia, among others.
- Headquarter Austin, United States
- Employees 10 as on 31 Dec, 2022
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Peerapp Us Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$22.5 M (USD)
in 4 rounds
-
Latest Funding Round
$8 M (USD), Series C
Sep 14, 2011
-
Investors
Summit Partners
& 5 more
-
Employee Count
10
as on Dec 31, 2022
- Acquired by
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
Funding Insights of PeerApp
PeerApp has successfully raised a total of $22.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $8 million completed in September 2011. 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 4
- Last Round Series C — $8.0M
-
First Round
First Round
(16 Jan 2005)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series C - PeerApp | Valuation |
investors |
|
| Nov, 2008 | Amount | Series B - PeerApp | Valuation |
investors |
|
| Dec, 2007 | Amount | Series A - PeerApp | 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 PeerApp
PeerApp has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Summit Partners, Cedar Fund and Evergreen Venture Partners. 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 |
|---|---|---|---|---|
|
Summit Partners is recognized as a growth equity investment firm.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Early-stage venture capital is provided to Israeli companies across sectors.
|
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 PeerApp
| 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 |
Financial Statements - PeerApp
| 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 |
Peerapp Comparisons
Competitors of PeerApp
PeerApp 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 Gracenote, TVU Networks, Brightcove, Broadpeak and Synamedia, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital media recognition solutions are provided for content management.
|
|
| domain | founded_year | HQ Location |
IP-based video solutions for live media production workflows are provided.
|
|
| domain | founded_year | HQ Location |
Video hosting and streaming platforms are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Video streaming solutions for content delivery and monetization are provided.
|
|
| domain | founded_year | HQ Location |
Video distribution solutions are delivered through a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Video distribution solutions provider
|
| 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 Peerapp
Frequently Asked Questions about PeerApp
When was PeerApp founded?
PeerApp was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is PeerApp located?
PeerApp is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is PeerApp a funded company?
PeerApp is a funded company, having raised a total of $22.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jan 16, 2005.
How many employees does PeerApp have?
As of Dec 31, 2022, the latest employee count at PeerApp is 10.
What does PeerApp do?
PeerApp was founded in 2004 and is headquartered in Austin, United States. An open content delivery platform is provided for internet service providers, network operators, and service providers in the telecommunications sector. Media caching software and a unified management application are included, offering insights and visibility into customer quality of experience. The solution is utilized by mobile, cable, broadband, and campus network operators.
Who are the top competitors of PeerApp?
PeerApp's top competitors include Gracenote, TVU Networks and Future Today.
Who are PeerApp's investors?
PeerApp has 6 investors. Key investors include Summit Partners, Cedar Fund, Evergreen Venture Partners, Pilot House Ventures, and Skyvera.