Saffron Tech

Cary, United States Founded: 1999 • Age: 27 yrs Acquired By Intel
Cognitive computing platform developed via neuroscience and data science.
Annual revenue - Latest available
Total funding $7.5M 2 rounds
Employees 19 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Saffron Tech

Saffron Tech is a company based in Cary (United States) founded in 1999 was acquired by Intel in October 2015. Saffron Tech has raised $7.54 million across 2 funding rounds from investors including Intel. The company has 19 employees as of December 31, 2015. Saffron Tech operates in a competitive market with competitors including Gong, Seeq, Uptake, Sight Machine and Fero Labs, among others.

  • Headquarter Cary, United States
  • Employees 19 as on 31 Dec, 2015
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Saffron Technology, Inc.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.54 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7 M (USD), Series B

    Mar 20, 2014

  • Investors
  • Employee Count
    19

    as on Dec 31, 2015

  • Acquired by
    Intel

    (Oct 26, 2015)

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Funding Insights of Saffron Tech

Saffron Tech has successfully raised a total of $7.54M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in March 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 Saffron Tech

Saffron Tech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Intel.

All
Institutional
Investor Description Founded Year Domain Location
Semiconductor ICs and microprocessors are designed and manufactured.
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Investments & Acquisitions by Saffron Tech

Investments
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Financial Statements - Saffron Tech

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Detailed financials for Saffron Tech

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Saffron Tech Comparisons

Saffron Tech Primary company
Description
Cognitive computing platform developed via neuroscience and ...
Location
Cary, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
19
As of 2015
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Peer comparison for Saffron Tech

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Competitors of Saffron Tech

Saffron Tech 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 Gong, Seeq, Uptake, Sight Machine and Fero Labs, among others.

Company Name Domain Founded year HQ Location Description
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Revenue intelligence solutions are delivered for sales and marketing teams.
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Industrial process data is analyzed through advanced analytics solutions.
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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Provider of a digital twin platform for manufacturing apllications
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Machine learning analytics are provided for industrial process optimization.
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AI-based predictive analytics solutions are delivered via cloud software.
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Detailed competitors of Saffron Tech

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Latest news on Saffron Tech

Saffron Brings AI to Enterprise Decision Making
Electronicdesign7 years ago
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Complete news archive for Saffron Tech

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Frequently Asked Questions about Saffron Tech

Saffron Tech was founded in 1999 and raised its 1st funding round 11 years after it was founded.

Saffron Tech is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.

Saffron Tech is a funded company, having raised a total of $7.54M across 2 funding rounds to date.

As of Dec 31, 2015, the latest employee count at Saffron Tech is 19.

Safforn builds a cognitive computing platform, the natural intelligence platform, using neuroscience and data science which incrementally learns and anticipates outcomes based on patterns it finds in the data. The software is easy to integrate in the present environments and can be used across any business. Saffron has partnerships with SAP, Rackspace, and departments at NCSU and UNC-Chapel Hill. Saffron works as a subsidiary of Intel now.

Saffron Tech's top competitors include Seeq, Gong and Sight Machine.

Saffron Tech has 1 investor. Key investors include Intel.

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