About Proximetry
Proximetry is a company based in San Diego (United States) founded in 2005 was acquired by Relayr in December 2016.. Proximetry has raised $17.31 million across 7 funding rounds from investors including Investec, Relayr and Windward Ventures. The company has 4 employees as of December 31, 2016. Proximetry offers products and services including Proximetry Portal and IoT Device Management Software. Proximetry operates in a competitive market with competitors including Particle, PTC, Software AG, Relayr and Ayla Networks, among others.
- Headquarter San Diego, United States
- Employees 4 as on 31 Dec, 2016
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Proximetry Inc
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Products & Services of Proximetry
Proximetry offers a comprehensive portfolio of products and services, including Proximetry Portal and IoT Device Management 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.
Platform for deploying and testing IoT applications and devices.
Manages IoT devices in performance-critical environments.
Funding Insights of Proximetry
Proximetry has successfully raised a total of $17.31M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $3.75 million completed in August 2016. 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 7
- Last Round Series A — $3.8M
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First Round
First Round
(09 Jan 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series A - Proximetry | Valuation |
investors |
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| Oct, 2011 | Amount | Series A - Proximetry | Valuation |
investors |
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| Jun, 2010 | Amount | Series A - Proximetry | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Proximetry
Proximetry has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Investec, Relayr and Windward Ventures. 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 |
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Early & growth stage tech and offline focused VC investment company funding companies in the US
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward Germany and the US.
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Founded Year | Domain | Location | |
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US focused venture capital firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Proximetry
| 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 - Proximetry
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Proximetry Comparisons
Competitors of Proximetry
Proximetry 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, PTC, Software AG, Relayr and Ayla Networks, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
PTC is recognized as a global leader in product lifecycle management software.
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| domain | founded_year | HQ Location |
Provider of data integration, application modernization, and digital transformation solutions
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| domain | founded_year | HQ Location |
Middleware and IoT solutions are provided for enterprise digital transformation.
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| domain | founded_year | HQ Location |
Provider of a platform for IoT and edge computing applications
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| domain | founded_year | HQ Location |
Cloud-based end-to-end IoT platforms are provided by Vantiq.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Proximetry
Frequently Asked Questions about Proximetry
When was Proximetry founded?
Proximetry was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Proximetry located?
Proximetry is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Proximetry a funded company?
Proximetry is a funded company, having raised a total of $17.31M across 7 funding rounds to date. The company's 1st funding round was a Series A of $792.05K, raised on Jan 09, 2007.
How many employees does Proximetry have?
As of Dec 31, 2016, the latest employee count at Proximetry is 4.
What does Proximetry do?
Proximetry was founded in 2005 and is based in San Diego, United States. Systems for managing devices and networks are provided, covering status collection, firmware upgrades, and user configuration. Devices are discovered and connected by users after sign-up to enable monitoring. Proprietary AirSync technology is employed for discovery, visualization, monitoring, upgrades, and autonomy features. Targeted sectors include lighting, transportation, automobile charging solutions, building management systems, and other connected devices.
Who are the top competitors of Proximetry?
Proximetry's top competitors include Particle, Software AG and PTC.
What products or services does Proximetry offer?
Proximetry offers Proximetry Portal and IoT Device Management Software.
Who are Proximetry's investors?
Proximetry has 5 investors. Key investors include Investec, Relayr, Windward Ventures, Munich Venture Partners, and Rembrandt Partners.
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