About Purple Labs
Purple Labs is a company based in Chambery (France) founded in 2001 by Sebastien Soyer and Dennis O Donovan, and was acquired by Myriad Group in February 2009. Mobile Linux software solutions are developed and provided globally. Purple Labs has raised $14.8 million across 1 funding round from investors including Partners Group, Myriad Group and Sofinnova.
Company details
Purple Labs was founded in 2001 in Chambery, France, by co-founders Sebastien Soyer and Dennis O Donovan. Software solutions for mobile Linux systems are developed, targeting embedded devices and open-source applications. Operations are centered in the technology sector, with services including customization, integration, and support for Linux-based mobile platforms. The company serves clients across Europe and beyond from its base in Chambery.
- Headquarters Chambery, France
- Founders Sebastien Soyer, Dennis O Donovan
- Stage Acquired
- Website purplelabs.com
- Acquired by Myriad Group (Feb 2009)
- Total Equity Funding$14.8M (USD)
in 1 rounds
- Latest Funding Round$14.8M (USD), Series A
Sep 2007
- InvestorsPartners Group
& 3 more
- Acquired byMyriad Group
(Feb 2009)
Funding Insights of Purple Labs
Purple Labs has successfully raised a total of $14.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $14.8 million completed in September 2007. 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 $14.8M
- Total Rounds 1
- Last Round Series A — $14.8M
- First Round $14.8M
(Sep 2007)
- Investors Count 3
All 1 funding rounds of Purple Labs 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 |
|---|---|---|---|---|---|
| Sep 2007 | $14.8M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Purple Labs
Purple Labs has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Partners Group, Myriad Group and Sofinnova.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Life Sciences sector focused early stage VC firm investing primarily in Europe | sofinnova.fr | Paris, France | ||
Earlybird is recognized as a venture capital investor focused on early-stage tech companies. | earlybird.com | Berlin, Germany | ||
Private equity funds are managed across multiple sectors globally. | 1996 | partnersgroup.com | Baar, Switzerland | |
OTT, mobile messaging & embedded solutions provider | 1999 | myriadgroup.com | Zurich, Switzerland |
Investor details for Purple Labs
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 Purple Labs
2 people are tracked at Purple Labs (2 in leadership).
| Name | Role | Group |
|---|---|---|
Sebastien Soyer | Co-Founder | Leadership |
Dennis O Donovan | Co-Founder | Leadership |
Complete people profiles for Purple Labs
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.
Timeline of Purple Labs
3 dated milestones of Purple Labs across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Purple Labs is founded.
- Funding First funding round of $14.8M.
- Exit Acquired by Myriad Group.
Web traffic of Purple Labs
Websites that share an audience with Purple Labs (purplelabs.com).
Websites whose visitors overlap most with Purple Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
en.wikipedia.org | en.wikipedia.org | 100% | – | ||
mobilestan.net | mobilestan.net | 98% | – | ||
forum.xda-developers.com | forum.xda-developers.com | 96% | – | ||
| linkedin.com | 69% | 1.9B | #18 | View details |
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Frequently Asked Questions about Purple Labs
Purple Labs was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Purple Labs is headquartered in Chambery, France. It is registered at Chambery, Auvergne-rhone-alpes, France.
Purple Labs is a funded company, having raised a total of $14.8M across 1 funding round to date. The company's 1st funding round was a Series A of $14.8M, raised on Sep 2007.
Purple Labs was founded in 2001 in Chambery, France, by co-founders Sebastien Soyer and Dennis O Donovan. Software solutions for mobile Linux systems are developed, targeting embedded devices and open-source applications. Operations are centered in the technology sector, with services including customization, integration, and support for Linux-based mobile platforms. The company serves clients across Europe and beyond from its base in Chambery.
Purple Labs has 4 investors. Key investors include Partners Group, Myriad Group, Sofinnova, and Earlybird.
Yes. Purple Labs was acquired by Myriad Group in February 2009.