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
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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 Saffron Technology, Inc.
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $7.0M
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First Round
First Round
(01 Jun 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2014 | Amount | Series B - Saffron Tech | Valuation | Intel |
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| Jun, 2010 | Amount | Unspecified - Saffron Tech | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Saffron Tech
Saffron Tech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Intel. 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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Semiconductor ICs and microprocessors are designed and manufactured.
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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 Saffron Tech
| 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 - Saffron Tech
| 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 |
Saffron Tech Comparisons
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. 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 |
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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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Machine learning analytics are provided for industrial process optimization.
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| domain | founded_year | HQ Location |
AI-based predictive analytics solutions are delivered via cloud software.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Saffron Tech
When was Saffron Tech founded?
Saffron Tech was founded in 1999 and raised its 1st funding round 11 years after it was founded.
Where is Saffron Tech located?
Saffron Tech is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Is Saffron Tech a funded company?
Saffron Tech is a funded company, having raised a total of $7.54M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $540.89K, raised on Jun 01, 2010.
How many employees does Saffron Tech have?
As of Dec 31, 2015, the latest employee count at Saffron Tech is 19.
What does Saffron Tech do?
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.
Who are the top competitors of Saffron Tech?
Saffron Tech's top competitors include Seeq, Gong and Sight Machine.
Who are Saffron Tech's investors?
Saffron Tech has 1 investor. Key investors include Intel.