About Propel
Propel is a company based in San Jose (United States) founded in 1999 was acquired by GlobalPOPs in September 2016. Propel has raised $10.12 million across 2 funding rounds from investors including GlobalPOPs. The company has 101 employees as of December 31, 2022. Propel operates in a competitive market with competitors including Skyfire, Seven Networks, Opanga Networks, Ortiva Wireless and Openwave Mobility, among others.
- Headquarter San Jose, United States
- Employees 101 as on 31 Dec, 2022
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Sectors
Telecommunications
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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 Propel Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10.12 M (USD)
in 2 rounds
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Latest Funding Round
$10.12 M (USD), Series A
Sep 01, 2004
- Investors
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Employee Count
101
as on Dec 31, 2022
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Acquired by
GlobalPOPs
(Sep 27, 2016)
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Funding Insights of Propel
Propel has successfully raised a total of $10.12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.12 million completed in September 2004. 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 Propel
Propel has secured backing from 1 investor. Prominent investors backing the company include GlobalPOPs.
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Investor details for Propel
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Investments & Acquisitions by Propel
Investment portfolio details for Propel
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Financial Statements - Propel
Detailed financials for Propel
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Propel Comparisons
Peer comparison for Propel
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Competitors of Propel
Propel 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 Skyfire, Seven Networks, Opanga Networks, Ortiva Wireless and Openwave Mobility, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile video optimization and browser extensions are provided to operators.
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Mobile traffic management software is developed for carriers and manufacturers.
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Network traffic for video delivery is optimized by Opanga Networks.
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Mobile video and content optimization solutions are delivered to operators.
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Mobile traffic optimization and data management solutions are provided.
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wireless backhaul optimization and converged access solutions
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Detailed competitors of Propel
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Latest news on Propel
Complete news archive for Propel
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Frequently Asked Questions about Propel
Propel was founded in 1999 and raised its 1st funding round 3 years after it was founded.
Propel is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Propel is a funded company, having raised a total of $10.12M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Propel is 101.
Propel Software was founded in 1999 in San Jose, United States, within the telecommunications sector. Software solutions for internet acceleration and network optimization are offered, allowing downloads by end users or distribution through operators, carriers, and service providers. Network efficiency is enhanced by reducing data volumes through cloud-enabled architecture that incorporates compression, caching, and connection optimization techniques. Operations focus on supporting ISPs in content delivery.
Propel's top competitors include Skyfire, Seven Networks and Opanga Networks.
Propel has 1 investor. Key investors include GlobalPOPs.