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Kitu Systems

Description

Developer of smart energy and home automation software for product manufacturers and semiconductor vendors. The company’s software enables secure and reliable communications from the Thing to the Cloud over a variety of wired and wireless networks.

2009

Founded

PRIVATE

Status

11-50

Employees

Series A1

Latest Deal Type

$2.3M

Latest Deal Amount

$11M

Total Amount Raised

Description

Developer of smart energy and home automation software for product manufacturers and semiconductor vendors. The company’s software enables secure and reliable communications from the Thing to the Cloud over a variety of wired and wireless networks.

Website:

www.kitu.io

Formerly Known As

Grid2Home

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Application Software

Other Industries

Systems and Information Management

Primary Office

3760 Convoy Street Suite 210 San Diego, CA 92111United States +1 (619) 569-2208
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Kitu Systems Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Kitu Systems Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Kitu Systems Investors (1)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Granite VenturesVenture CapitalMinority000 0000000 0000
Granite Ventures Venture Capital

Kitu Systems Executive Team (5)

NameTitleBoard
Seat
Contact
Info
Richard KornfeldChief Executive Officer, President & Board Member
Julia QuerinChief Financial Officer
Ashu JoshiChief Operating Officer
Michael BourtonCo-Founder & Vice President, Business Development
Gordon LumVice President, Engineering
Richard Kornfeld Chief Executive Officer, President & Board Member
Julia Querin Chief Financial Officer
Ashu Joshi Chief Operating Officer
Michael Bourton Co-Founder & Vice President, Business Development
Gordon Lum Vice President, Engineering

Kitu Systems Board Members (4)

NameRepresentingRoleSinceContact
Info
Anton SteenmanSelfBoard Member000 0000
Doug RasorSelfChairman000 0000
Richard KornfeldKitu SystemsChief Executive Officer, President & Board Member000 0000
Samuel KingslandGranite VenturesManaging Director & Co-Founder000 0000
Anton Steenman Board Member Self
Doug Rasor Chairman Self
Richard Kornfeld Chief Executive Officer, President & Board Member Kitu Systems
Samuel Kingsland Managing Director & Co-Founder Granite Ventures
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