About Scytale
Scytale is a company based in San Francisco (United States) founded in 2017 by Andrew Jessup and Emiliano Berenbaum was acquired by Hewlett Packard Enterprise in February 2020.. Scytale has raised $8 million across 2 funding rounds from investors including Hewlett Packard Enterprise, Bessemer Venture Partners and Bain Capital Ventures. The company has 23 employees as of December 31, 2009. Scytale operates in a competitive market with competitors including Openpath, Brivo, Spintly, iLOQ and Doordeck, among others.
- Headquarter San Francisco, United States
- Employees 23 as on 31 Dec, 2009
- Founders Andrew Jessup, Emiliano Berenbaum
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scytale, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Mar 04, 2019
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Investors
Hewlett Packard Enterprise
& 4 more
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Employee Count
23
as on Dec 31, 2009
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Acquired by
Hewlett Packard Enterprise
(Feb 03, 2020)
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Funding Insights of Scytale
Scytale has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in March 2019. 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 A — $5.0M
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First Round
First Round
(29 Mar 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series A - Scytale | Valuation | Bessemer Venture Partners | |
| Mar, 2018 | Amount | Seed - Scytale | Valuation | Bessemer Venture Partners |
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| 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 |
Investors in Scytale
Scytale has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Hewlett Packard Enterprise, Bessemer Venture Partners and Bain Capital Ventures. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by TechOperators.
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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 Scytale
| 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 - Scytale
| 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 |
Scytale Comparisons
Competitors of Scytale
Scytale 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 Openpath, Brivo, Spintly, iLOQ and Doordeck, 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 |
Cloud-based access control systems with mobile credentials are provided.
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| domain | founded_year | HQ Location |
Developer of AI and cloud-based integrated access control systems
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| domain | founded_year | HQ Location |
Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones
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| domain | founded_year | HQ Location |
Battery-free smart lock systems are developed for secure access management.
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| domain | founded_year | HQ Location |
Cloud-based access control systems are provided for electronic locks.
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| domain | founded_year | HQ Location |
Authorization and access control infrastructure is provided for developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scytale
Frequently Asked Questions about Scytale
When was Scytale founded?
Scytale was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Scytale located?
Scytale is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Scytale a funded company?
Scytale is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 29, 2018.
How many employees does Scytale have?
As of Dec 31, 2009, the latest employee count at Scytale is 23.
What does Scytale do?
Scytale was founded in 2017 in San Francisco, United States, and operates in the cybersecurity sector. Identity and access management solutions are delivered through a unified platform based on open standards. Cryptographic identity services are supported across cloud, containers, and on-premise infrastructure. Additional features include multi-factor authentication, dial tone authentication, and integration with systems like Active Directory for enterprise environments.
Who are the top competitors of Scytale?
Who are Scytale's investors?
Scytale has 5 investors. Key investors include Hewlett Packard Enterprise, Bessemer Venture Partners, Bain Capital Ventures, TechOperators, and Work-Bench.
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