About Red Bend
Red Bend is a company based in Hod Hasharon (Israel) founded in 1999 was acquired by Harman International in January 2015. Red Bend has raised $33.5 million across 5 funding rounds from investors including Harman International, Infinity Group and Backwebtech.com. Red Bend has completed 1 acquisition, including VirtualLogix. Red Bend operates in a competitive market with competitors including Sibros, Sonatus, Aurora Labs, Airlinq and TTTech Auto, among others.
- Headquarter Hod Hasharon, Israel
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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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
$33.5 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series E
Apr 22, 2008
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Investors
Harman International
& 8 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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People of Red Bend
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Funding Insights of Red Bend
Red Bend has successfully raised a total of $33.5M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $10 million completed in April 2008. 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 Red Bend
Red Bend has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Harman International, Infinity Group and Backwebtech.com.
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Infinity Group is recognized for cross-border innovation and investment.
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Investor details for Red Bend
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Investments & Acquisitions by Red Bend
Red Bend has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VirtualLogix.
Investment portfolio details for Red Bend
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Virtualization software for embedded systems is developed and marketed.
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Complete acquisition details for Red Bend
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Financial Statements - Red Bend
Detailed financials for Red Bend
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Red Bend Comparisons
Peer comparison for Red Bend
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Competitors of Red Bend
Red Bend 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 Sibros, Sonatus, Aurora Labs, Airlinq and TTTech Auto, among others.
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Developer of end-to-end connected vehicle ecosystem
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Cloud-enabled in-vehicle connectivity and data management solutions are provided.
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Risks in connected vehicle software are analyzed using AI algorithms.
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IoT and SaaS-based provider of application development solutions for connected ecosystems
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Provider of software and hardware solutions for autonomous driver assistance and mobility
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Automotive software solutions are developed by Elektrobit for vehicles.
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Detailed competitors of Red Bend
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Latest news on Red Bend
Complete news archive for Red Bend
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Frequently Asked Questions about Red Bend
Red Bend was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Red Bend is headquartered in Hod Hasharon, Israel. It is registered at Hod Hasharon, Central District, Israel.
Red Bend is a funded company, having raised a total of $33.5M across 5 funding rounds to date.
Red Bend was founded in 1999 in Hod Hasharon, Israel, as a provider of device management solutions. Software for over-the-air updates, device virtualization, and cybersecurity is developed, with applications in automotive sectors including ECU consolidation and map updates. A unified platform supports management of connected devices across automotive, home, and M2M environments. The company was acquired by Harman in 2015.
Red Bend's top competitors include Sibros, Aurora Labs and Sonatus.
Red Bend has made 1 acquisition, including VirtualLogix.
Red Bend has 9 investors. Key investors include Harman International, Infinity Group, Backwebtech.com, Coral Capital Management, and Pitango.