WaveMaker

Mountain View, United States Founded: 2003 • Age: 23 yrs Acquired By VMware
Web and mobile applications are developed without coding via AI.
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About WaveMaker

WaveMaker is a company based in Mountain View (United States) founded in 2003 was acquired by VMware in March 2011.. WaveMaker has raised $8.73 million across 4 funding rounds from investors including VMware, Worldview Technology Partners and Sippl MacDonald Ventures. WaveMaker offers products and services including WaveMaker AutoCode, WaveMaker UI Kit, and WaveMaker CoPilot. WaveMaker operates in a competitive market with competitors including Appian, Bubble, OutSystems, AppSheet and Crowdbotics, among others.

  • Headquarter Mountain View, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wavemaker India Private Limited
  • Date of Incorporation 15 Apr, 2022
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Software Development & Engineering
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
    $7.26 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $-753.32 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $228.44 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $8.73 M (USD)

    in 4 rounds

  • Latest Funding Round
    $195 K (USD), Debt – Conventional

    Feb 03, 2011

  • Investors
    VMware

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    VMware

    (Mar 09, 2011)

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Products & Services of WaveMaker

WaveMaker offers a comprehensive portfolio of products and services, including WaveMaker AutoCode, WaveMaker UI Kit, and WaveMaker CoPilot. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Generates clean code for web and mobile apps using popular frameworks.

Provides pre-built components for rapid UI prototyping and development.

Offers AI-driven support for coding and app building processes.

People of WaveMaker
Headcount 200-500
Employee Profiles 52
Board Members and Advisors 1
Employee Profiles
People
Vikram Srivats
VP Strategic Markets
People
Vijay Pullur
CEO
People
Venugopal Jidigam
Sr Director, Engineering
People
Prashant Reddy
Sr Director, Engineering

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Funding Insights of WaveMaker

WaveMaker has successfully raised a total of $8.73M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $195 thousand completed in February 2011. 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 Rounds 4
  • Last Round Debt – Conventional — $195,000
  • First Round

    (19 Nov 2004)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2011 Amount Debt – Conventional - WaveMaker Valuation

investors

Sep, 2009 Amount Series A - WaveMaker Valuation

investors

Apr, 2008 Amount Series A - WaveMaker Valuation Worldview Technology Partners , Sippl MacDonald Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in WaveMaker

WaveMaker has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include VMware, Worldview Technology Partners and Sippl MacDonald 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
US technology sectors are targeted by this venture capital firm.
Founded Year Domain Location
-
Founded Year Domain Location
Early-stage US tech startups are invested in by HWVP.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by WaveMaker

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - WaveMaker

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wavemaker Comparisons

Employees
+
Add Comparison
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Competitors of WaveMaker

WaveMaker 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 Appian, Bubble, OutSystems, AppSheet and Crowdbotics, 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 low-code platform enables application development and automation.
domain founded_year HQ Location
Cloud-based no-code platform for web application development is utilized.
domain founded_year HQ Location
Low-code platform enables application development and deployment without coding.
domain founded_year HQ Location
Mobile apps are built automatically from spreadsheets without coding.
domain founded_year HQ Location
Low-code platform is utilized for application development and scaling.
domain founded_year HQ Location
AI-powered low-code platform for application development is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wavemaker

Frequently Asked Questions about WaveMaker

When was WaveMaker founded?

WaveMaker was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Where is WaveMaker located?

WaveMaker is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Is WaveMaker a funded company?

WaveMaker is a funded company, having raised a total of $8.73M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Nov 19, 2004.

What is the annual revenue of WaveMaker?

Annual revenue of WaveMaker is $7.26M as on Mar 31, 2023.

What does WaveMaker do?

WaveMaker was founded in 2003 in Mountain View, United States. An AI-powered platform is utilized for building, deploying, and testing web and mobile applications without requiring coding. Code generation is facilitated through Java and Angular technology stacks. The platform serves sectors such as banking and telecommunications, with operations centered on the wavemaker.com domain.

Who are the top competitors of WaveMaker?

WaveMaker's top competitors include Appian, Bubble and OutSystems.

What products or services does WaveMaker offer?

WaveMaker offers WaveMaker AutoCode, WaveMaker UI Kit, and WaveMaker CoPilot.

Who are WaveMaker's investors?

WaveMaker has 5 investors. Key investors include VMware, Worldview Technology Partners, Sippl MacDonald Ventures, HWVP, and AllegisCyber Capital.

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