About Workspot
Workspot is a company based in Menlo Park (United States) founded in 2012 by Puneet Chawla and Amitabh Sinha.. Workspot has raised $75.91 million across 11 funding rounds from investors including Kleiner Perkins, Norwest Venture Partners and Western Technology Investment. The company has 94 employees as of April 06, 2024. Workspot offers products and services including Workspot Control, Workspot Client, Workspot Enterprise Browser, and Workspot Watch. Workspot operates in a competitive market with competitors including Parallels, Anunta, Dizzion, Systancia and Nerdio, among others.
- Headquarter Menlo Park, United States
- Employees 94 as on 06 Apr, 2024
- Founders Puneet Chawla, Amitabh Sinha
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Workspot Private Limited
- Date of Incorporation 03 Aug, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$4.51 M (USD)45.94as on Mar 31, 2023
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Net Profit
$409.38 K (USD)37.08as on Mar 31, 2023
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EBITDA
$624.62 K (USD)44.76as on Mar 31, 2023
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Total Equity Funding
$75.91 M (USD)
in 11 rounds
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Latest Funding Round
$19 M (USD), Series D
Sep 24, 2019
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Investors
Kleiner Perkins
& 11 more
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Employee Count
94
as on Apr 06, 2024
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Products & Services of Workspot
Workspot offers a comprehensive portfolio of products and services, including Workspot Control, Workspot Client, Workspot Enterprise Browser, and Workspot Watch. 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.
Tool for managing and scaling virtual desktops globally.
Secure access to virtual desktops on any device.
Low-cost access to web apps with enhanced data protection.
Real-time data collection for user experience analytics.
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Funding Insights of Workspot
Workspot has successfully raised a total of $75.91M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $19 million completed in September 2019. 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 11
- Last Round Series D — $19.0M
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First Round
First Round
(14 Aug 2012)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series D - Workspot | Valuation |
investors |
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| Apr, 2019 | Amount | Series C - Workspot | Valuation |
investors |
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| Jun, 2018 | Amount | Series C - Workspot | Valuation |
investors |
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| 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 Workspot
Workspot has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Kleiner Perkins, Norwest Venture Partners and Western Technology Investment. 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 is provided to multiple sectors by Presidio Ventures.
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Founded Year | Domain | Location | |
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US & Asia focused seed, early & expansion stage VC firm
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Founded Year | Domain | Location | |
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Early to late-stage venture capital is invested in Indian sectors.
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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 Workspot
| 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 - Workspot
| 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 |
Workspot Comparisons
Competitors of Workspot
Workspot 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 Parallels, Anunta, Dizzion, Systancia and Nerdio, 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 Daas platform
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| domain | founded_year | HQ Location |
Digital workspace solutions including VDI and DaaS are provided.
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| domain | founded_year | HQ Location |
Cloud-based desktop virtualization solutions are managed for secure access.
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| domain | founded_year | HQ Location |
Desktop virtualization and healthcare solutions are provided by Systancia.
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| domain | founded_year | HQ Location |
Nerdio is a software solution provider that empowers Managed Service Providers (MSPs) and enterprise IT professionals to deploy, manage, and optimize virtual desktops in Microsoft Azure, leveraging its automated management and cost-optimization capabilities.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Workspot
Frequently Asked Questions about Workspot
When was Workspot founded?
Workspot was founded in 2012.
Where is Workspot located?
Workspot is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Who is the current CEO of Workspot?
Amitabh Sinha is the current CEO of Workspot. They have also founded this company.
Is Workspot a funded company?
Workspot is a funded company, having raised a total of $75.91M across 11 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on Aug 14, 2012.
How many employees does Workspot have?
As of Apr 06, 2024, the latest employee count at Workspot is 94.
What is the annual revenue of Workspot?
Annual revenue of Workspot is $4.51M as on Mar 31, 2023.
What does Workspot do?
Workspot was founded in 2012 in Menlo Park, United States, within the cloud computing sector. A desktop virtualization platform is provided as a SaaS offering, enabling delivery of email, business applications, and data to mobile devices. Access to work applications is streamlined, with support for hybrid cloud environments. Solutions are tailored for industries including legal, healthcare, and retail, focusing on operational efficiency across various sectors.
Who are the top competitors of Workspot?
What products or services does Workspot offer?
Workspot offers Workspot Control, Workspot Client, Workspot Enterprise Browser, and Workspot Watch.
Who are Workspot's investors?
Workspot has 12 investors. Key investors include Kleiner Perkins, Norwest Venture Partners, Western Technology Investment, Qualcomm Ventures, and Presidio Ventures.
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