About Prodea
Prodea is a company based in Richardson (United States) founded in 2006. Prodea has raised $155.83 million across 5 funding rounds from investors including SWFI. The company has 20 employees as of December 31, 2022. Prodea has completed 1 acquisition, including Arrayent. Prodea operates in a competitive market with competitors including Particle, Hexagon, PTC, Software AG and Relayr, among others.
- Headquarter Richardson, United States
- Employees 20 as on 31 Dec, 2022
-
Sectors
TechnologyIndustrial Goods & Manufacturing
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Prodea Systems, Inc.
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 Prodea
Prodea has successfully raised a total of $155.83M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in April 2014. 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 Prodea
Prodea has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SWFI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Professional platform for institutional investor data and global capital research.
|
Locked | Locked | Locked |
Investor details for Prodea
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Prodea
Prodea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arrayent.
Investment portfolio details for Prodea
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
M2M platform/cloud device management platform
|
Locked | Locked | 2002 | Locked |
Complete acquisition details for Prodea
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Prodea
Detailed financials for Prodea
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Prodea Comparisons
Peer comparison for Prodea
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Prodea
Prodea 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 Particle, Hexagon, PTC, Software AG and Relayr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
IoT connectivity platform from prototype to production is developed.
|
|
| Locked | Locked | Locked |
Threat detection and vulnerability assessment for ICS/DCS/SCADA are provided.
|
|
| Locked | Locked | Locked |
PTC is recognized as a global leader in product lifecycle management software.
|
|
| Locked | Locked | Locked |
Provider of data integration, application modernization, and digital transformation solutions
|
|
| Locked | Locked | Locked |
Middleware and IoT solutions are provided for enterprise digital transformation.
|
|
| Locked | Locked | Locked |
AI-based software for production data analysis and collaboration is provided.
|
Detailed competitors of Prodea
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Prodea
Complete news archive for Prodea
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prodea
Prodea was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Prodea is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.
Prodea is a funded company, having raised a total of $155.83M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Prodea is 20.
Prodea provides cloud-based solutions for IoT applications. Provides real-time performance monitoring, data intelligence, predictive analytics solutions and enables service operators, enterprises, manufacturers, governments to add white-label IoT services top their existing offerings. Offers IoT Service X-Change Platform for launching connected products with services, to gain key insights from user product usage data and to enhance product value through cloud-to-cloud integration. Has use cases across smart home, smart city, security, digital health, energy, e-government, and other industries.
Prodea's top competitors include Particle, Software AG and Cognite.
Prodea has made 1 acquisition, including Arrayent.
Prodea has 1 investor. Key investors include SWFI.