Viola Systems

Turku, Finland Founded: 2000 • Age: 26 yrs Acquired By ABB
Wireless solutions for smart grid and telecom connectivity are offered.

About Viola Systems

Viola Systems is an Energy & Utilities company based in Turku (Finland) founded in 2000, and was acquired by ABB in January 2015. Wireless solutions for smart grid and telecom connectivity are offered. The company was acqui-hired. Its focus areas include Energy Tech, Smart Grid, Advanced Metering Infrastructure and Communication Networks.

Company details

Viola Systems was founded in 2000 in Turku, Finland, and operates in the wireless telecommunications sector focused on smart grid applications. Solutions are deployed across electricity substations, distribution transformers, telecom base stations, and remote surveillance cameras. Wireless routers and GPRS routers are provided for ethernet-to-cellular connectivity via GPRSEDGE networks. Wireless gateways and GPRS gateways are also offered to integrate serial and ethernet devices with GSM or GPRS cellular networks.

  • Headquarters Turku, Finland
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
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  • Website violasystems.com
  • Social LinkedIn
  • Acquired by ABB (Jan 2015)
Key Metrics

Funding Insights of Viola Systems

  • Total Rounds 2
  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2011Series B––
Mar 2009Series A––
Valuation history

2 investors in total: 2 institutional.

Investors in Viola Systems

Viola Systems has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sitra and ABB.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Multi-utility robotic solutions and automation products are provided to industries.
abb.comZurich, Switzerland
Content on environmental sustainability is published via an online platform.
1967sitra.fiHelsinki, Finland
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Investor details for Viola Systems

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Viola Systems

4 dated milestones of Viola Systems across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Viola Systems is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B,.
  4. Exit Acquired by ABB.

Web traffic of Viola Systems

Websites that share an audience with Viola Systems (violasystems.com).

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commell.com.tw
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interfaceconcept.com
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 20 similar websites and full traffic analytics for Viola Systems

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  • 20 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Viola Systems

Viola Systems was founded in 2000 and raised its 1st funding round 9 years after it was founded.

Viola Systems is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.

Viola Systems was founded in 2000 in Turku, Finland, and operates in the wireless telecommunications sector focused on smart grid applications. Solutions are deployed across electricity substations, distribution transformers, telecom base stations, and remote surveillance cameras. Wireless routers and GPRS routers are provided for ethernet-to-cellular connectivity via GPRSEDGE networks. Wireless gateways and GPRS gateways are also offered to integrate serial and ethernet devices with GSM or GPRS cellular networks.

Viola Systems has 2 investors. Key investors include Sitra, and ABB.

Yes. Viola Systems was acquired by ABB in January 2015.

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