About SnapRoute
SnapRoute is a company based in Palo Alto (United States) founded in 2015 was acquired by Infoblox in November 2019.. SnapRoute has raised $25 million across 1 funding round from investors including AT&T, Lightspeed Venture Partners and Infoblox. SnapRoute operates in a competitive market with competitors including Arrcus, Exaware, Pluribus Networks, Enea and IP Infusion, among others.
- Headquarter Palo Alto, United States
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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 Snaproute, Inc.
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Software Development Team
350 people
Sales and Marketing
148 people
Leadership Team
69 people
Senior Team
41 people
Operations Team
35 people
Finance and Accounting
32 people
Product Management Team
24 people
Human Resources and Administration
23 people
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Funding Insights of SnapRoute
SnapRoute has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in February 2017. 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 1
- Last Round Series A — $25.0M
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First Round
First Round
(07 Feb 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Series A - SnapRoute | Valuation | Norwest Venture Partners |
| 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 SnapRoute
SnapRoute has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include AT&T, Lightspeed Venture Partners and Infoblox. 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 and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are facilitated by M12.
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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 SnapRoute
| 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 - SnapRoute
| 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 |
Snaproute Comparisons
Competitors of SnapRoute
SnapRoute 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 Arrcus, Exaware, Pluribus Networks, Enea and IP Infusion, 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 |
Linux-based network OS is provided for enterprise infrastructures.
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| domain | founded_year | HQ Location |
Integrated optical and electronic components are combined on single chips.
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| domain | founded_year | HQ Location |
Cloud & software-defined networks OS for data centers
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| domain | founded_year | HQ Location |
Real-time operating systems and telecom protocols are provided for enterprises.
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| domain | founded_year | HQ Location |
Enterprise network operating system is offered through cloud-based platform.
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A full-featured Linux operating system is developed for networking hardware.
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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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| 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 Snaproute
Frequently Asked Questions about SnapRoute
When was SnapRoute founded?
SnapRoute was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is SnapRoute located?
SnapRoute is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is SnapRoute a funded company?
SnapRoute is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Feb 07, 2017.
What does SnapRoute do?
Snaproute is an open source network operating system. Flexswitch is their flagship product, built using open source technologies. Features include visibility of every component of the network stack, programmable controls and APIs to automate every network function, and complete hardware abstraction. Allows network engineers to customize network switches and routers. Founded by a team of operators who have experience of working on networks of branded companies such as Apple and IBM.
Who are the top competitors of SnapRoute?
SnapRoute's top competitors include Arrcus, Enea and IP Infusion.
Who are SnapRoute's investors?
SnapRoute has 5 investors. Key investors include AT&T, Lightspeed Venture Partners, Infoblox, Norwest Venture Partners, and M12.