About Tropos Networks
Tropos Networks is a company based in Sunnyvale (United States) founded in 2000 was acquired by ABB in June 2012. Tropos Networks has raised $27.3 million across 3 funding rounds from investors including Integral Capital Partners, Benchmark and Boston Millennia Partners.
- Headquarter Sunnyvale, United States
- SectorsEnergy & Utilities
- Website new.abb.com/network-management/communication-networks/wireless-networks
- Social LinkedIn X
- Acquired by ABB (Jun 2012)
- Total Equity Funding$27.3M (USD)
in 3 rounds
- Latest Funding Round$15M (USD), Series D
Jun 2004
- InvestorsIntegral Capital Partners
& 6 more
- Acquired byABB
(Jun 2012)
Funding Insights of Tropos Networks
Tropos Networks has successfully raised a total of $27.3M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $15 million completed in June 2004. 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 $27.3M
- Total Rounds 3
- Last Round Series D — $15M
- First Round $3M
(Jan 2002)
- Investors Count 6
All 3 funding rounds of Tropos Networks 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 |
|---|---|---|---|---|---|
| Jun 2004 | $15M | Series D | – | – | |
| May 2003 | $9.3M | Series C | – | – | |
| Jan 2002 | $3M | Series B | – | – | – |
7 investors in total: 7 institutional.
Investors in Tropos Networks
Tropos Networks has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Integral Capital Partners, Benchmark and Boston Millennia Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth stage tech & life sciences focused VC firm funding companies in the US | – | icp.com | Menlo Park, United States | |
Venture capital investments are offered to promising startups. | – | benchmark.com | San Francisco, United States | |
US-focused private equity and venture capital investments are managed. | – | bostonmillenniapartners.com | Boston, United States | |
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
Early-stage US tech investments are managed by Voyager Capital. | – | voyagercapital.com | Seattle, United States | |
VC firm investing in Taiwan, the US and China | – | wktechfund.com | Taipei, Taiwan | |
Multi-utility robotic solutions and automation products are provided to industries. | – | abb.com | Zurich, Switzerland |
Investor details for Tropos Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Tropos Networks
4 dated milestones of Tropos Networks across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Tropos Networks is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series D, of $15.0M.
- Exit Acquired by ABB.
Web traffic of Tropos Networks
Websites that share an audience with Tropos Networks (tropos.com).
Websites whose visitors overlap most with Tropos Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alcatel-lucent.com | 100% | 44.3K | #657,260 | View details | |
| comsoc.org | 96% | – | #166,554 | View details | |
| itron.com | 92% | 101.2K | #336,007 | View details |
Similar companies to Tropos Networks
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|---|---|---|---|---|---|---|
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IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Solar-powered electricity is delivered via an app-based platform. | 2020 | Berlin, Berlin, Germany | USD 45.99 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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Frequently Asked Questions about Tropos Networks
Tropos Networks was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Tropos Networks is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Tropos Networks is a funded company, having raised a total of $27.3M across 3 funding rounds to date. The company's 1st funding round was a Series B of $3M, raised on Jan 2002.
Tropos Networks manufactures wireless broadband IP mesh networks for customers to monitor and control various remote automation devices in the field and large outdoor facilities. The company serves clients in utilities, oil and gas, mining, industrial, and smart city markets, as well as government agencies in the United States and internationally.
Tropos Networks has 7 investors. Key investors include Integral Capital Partners, Benchmark, Boston Millennia Partners, Intel Capital, and Voyager Capital.
Yes. Tropos Networks was acquired by ABB in June 2012.