Tiempo Secure

Grenoble, France Founded: 2007 • Age: 19 yrs
Developer of technologies and products for mobile, automotive, computing, IoT

About Tiempo Secure

Tiempo Secure is a Technology company based in Grenoble (France) founded in 2007. Developer of technologies and products for mobile, automotive, computing, IoT. It operates in the Technology and Agriculture sectors. Tiempo Secure has raised $8.2 million across 2 funding rounds from investors including Schneider Electric, Oddo BHF and Grenoble INP - UGA. Its Indian entity Mlit - Sol Private Limited reported revenue of β‚Ή19.5 Lakh. Tiempo Secure offers products and services including Wireless Technologies and Acquisition Services. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Security and Device Security.

Company details

Tiempo Secure was founded in 2007 and is headquartered in Grenoble, France. Technologies and products are developed by the company for sectors including mobile, automotive, computing, and IoT. Solutions are provided to support connectivity and performance across these industries. Operations center on creating specialized hardware and software integrations, with a focus on secure and efficient systems for diverse applications.

Key Metrics
  • Indian entity revenue
    ₹19.5 Lakh

    FY 2024 · -48% YoY

  • Indian entity net loss
    -₹33.4 Lakh

    FY 2024 · -172% margin

  • Indian entity EBITDA
    -₹31.6 Lakh

    FY 2024 · -163% margin

  • Total Equity Funding
    $8.2M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.2M (USD), Series B

    Aug 2010

  • Investors

Products & Services of Tiempo Secure

Tiempo Secure offers a comprehensive portfolio of products and services, including Wireless Technologies and Acquisition Services.

Wireless Technologies
Telecommunications

Solutions for wireless products and intelligent computing innovations.

Acquisition Services
Corporate Development

Processes for acquiring companies like Tiempo Secure.

Funding Insights of Tiempo Secure

Tiempo Secure has successfully raised a total of $8.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $1.2 million completed in August 2010. 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 $8.2M
  • Total Rounds 2
  • Last Round Series B β€” $1.2M
  • First Round $7M

    (Jun 2009)

  • Investors Count 6

All 2 funding rounds of Tiempo Secure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2010$1.2MSeries B––
–
Jun 2009$7MSeries B–Viveris Management, ODDO BHF
Valuation history

6 investors in total: 6 institutional.

Investors in Tiempo Secure

Tiempo Secure has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Schneider Electric, Oddo BHF and Grenoble INP - UGA.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Demeter is recognized as a major European investor in venture capital and private equity for energy and ecological transition.
demeter-im.comParis, France
Professional education courses are offered by Grenoble INP - UGA.
2007grenoble-inp.frGrenoble, France
Energy management and automation solutions are provided globally.
1836se.com
Independent platform for fund management, selecting managers and distributing to investors.
2006almacapital.comLuxembourg, Luxembourg
viverismanagement.com
Wealth management, asset management, and investment banking services are provided.
1849oddo-bhf.comFrance
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Investor details for Tiempo Secure

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Board of directors of Mlit - Sol Private Limited (Tiempo Secure)

Mlit - Sol Private Limited is the primary company behind Tiempo Secure. The board of Mlit - Sol Private Limited currently have 2 directors; the longest-serving is Srinivas Chindam, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srinivas Chindam
DIN 07442367
Director28 Mar 20188 yrs 7 moMlit - Sol Private Limited
Raghu Chindam
DIN 11158395
Director26 Jun 20251 yr 4 moMlit - Sol Private Limited

People of Tiempo Secure

1 people are tracked at Tiempo Secure (1 in leadership).

NameRoleGroup
Alain Fonkoua
VP Engineering, EDA ProductsLeadership
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Financials of Tiempo Secure

Figures of Mlit - Sol Private Limited, the primary company behind Tiempo Secure, for FY 2024. Revenue was ₹19.5 Lakh (-48% year on year). Net loss was -₹33.4 Lakh (-172% margin). EBITDA was -₹31.6 Lakh (-163% margin). Revenue has grown at a compounded annual rate of +31% over three years and -1% over five years.

  • ₹19.5 LakhRevenue · FY 2024 · -48% YoY
  • -₹33.4 LakhNet loss · -172% margin
  • -₹31.6 LakhEBITDA · -163% margin
  • ₹11.6 LakhPaid-up capital
  • +31%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mlit - Sol Private Limited are on its company page.

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Detailed financial statements for Tiempo Secure

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Timeline of Tiempo Secure

3 dated milestones of Tiempo Secure across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tiempo Secure is founded.
  2. Funding First funding round of $7.0M.
  3. Funding Latest funding round, Series B, of $1.2M.
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Related news about Tiempo Secure

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Frequently Asked Questions about Tiempo Secure

Tiempo Secure was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Tiempo Secure is headquartered in Grenoble, France. It is registered at Grenoble, Auvergne-rhone-alpes, France.

Tiempo Secure is a funded company, having raised a total of $8.2M across 2 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Jun 2009.

The primary company behind Tiempo Secure, Mlit - Sol Private Limited, reported revenue of β‚Ή19.5 Lakh for FY 2024, down 48% year on year.

Tiempo Secure was founded in 2007 and is headquartered in Grenoble, France. Technologies and products are developed by the company for sectors including mobile, automotive, computing, and IoT. Solutions are provided to support connectivity and performance across these industries. Operations center on creating specialized hardware and software integrations, with a focus on secure and efficient systems for diverse applications.

Tiempo Secure offers Wireless Technologies and Acquisition Services.

Tiempo Secure has 6 investors. Key investors include Schneider Electric, Oddo BHF, Grenoble INP - UGA, Demeter, and Alma Capital.

Tiempo Secure operates through Mlit - Sol Private Limited.

The legal entities of Tiempo Secure currently have 2 directors, including Srinivas Chindam, Raghu Chindam.

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