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. 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
- SectorsTechnology
- Website saffrontech.com
- Social LinkedIn X Facebook
- Acquired by Intel (Oct 2015)
- Legal Name Saffron Technology, Inc.
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 $7.54M
- Total Rounds 2
- Last Round Series B — $7M
- First Round $540,888
(Jun 2010)
- Investors Count 1
All 2 funding rounds of Saffron Tech 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 |
|---|---|---|---|---|---|
| Mar 2014 | $7M | Series B | – | Intel | – |
| Jun 2010 | $540,888 | Unspecified | – | – | – |
1 investors in total: 1 institutional.
Investors in Saffron Tech
Saffron Tech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Intel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | intel.com | Santa Clara, United States |
Investor details for Saffron Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Saffron Tech
4 dated milestones of Saffron Tech across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Saffron Tech is founded.
- Funding First funding round of $541K.
- Funding Latest funding round, Series B, of $7.0M.
- Exit Acquired by Intel.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gong.io | 2015 | San Francisco, United States | $581M | 619 | Revenue intelligence solutions are delivered for sales and marketing teams. | |
| seeq.com | 2013 | Seattle, United States | $198.14M | 138 | Industrial process data is analyzed through advanced analytics solutions. | |
| uptake.com | 2014 | Chicago, United States | $327.26M | 53 | Cloud-based predictive analytics platform is utilized for asset maintenance insights. | |
| sightmachine.com | 2011 | San Francisco, United States | $85.53M | 43 | Provider of a digital twin platform for manufacturing apllications | |
| ferolabs.com | 2015 | New York, United States | $25.6M | – | Machine learning analytics are provided for industrial process optimization. | |
| decisionnext.com | 2013 | San Francisco, United States | $14.09M | 19 | AI-based predictive analytics solutions are delivered via cloud software. | |
| wakecap.com | 2017 | Riyadh, Saudi Arabia | $32M | – | Cloud-based workforce management solutions are delivered for multi-industry applications. | |
| carpe.io | 2016 | Santa Barbara, United States | $9.38M | 107 | Predictive scoring and data monitoring solutions for insurance are provided. |
Detailed competitors of Saffron Tech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Saffron Tech
Websites that share an audience with Saffron Tech (saffrontech.com).
Websites whose visitors overlap most with Saffron Tech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
adversitement.com | adversitement.com | 100% | – | – | – |
| expertsystem.com | 70% | – | – | View details | |
| thinkbiganalytics.com | 62% | 2.4K | #8,540,689 | View details | |
operasolutions.com | operasolutions.com | 62% | – | – | – |
Latest news on Saffron Tech
Complete news archive for Saffron Tech
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Saffron Tech
10 companies that operate in the same segment as Saffron Tech (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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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. The company's 1st funding round was a Unspecified of $540.89K, raised on Jun 2010.
Saffron Tech has 19 employees.
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.
Saffron Tech operates through Saffron Technology, Inc..
Yes. Saffron Tech was acquired by Intel in October 2015.