Cassia Networks Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
18
- Latest Deal Type
-
2ndary - Private
- Investors
-
7
Cassia Networks General Information
Description
Developer of enterprise Bluetooth Internet of Things products designed to scale wireless applications. The company's platform utilizes patented long-range gateways and a centralized access controller to provide reliable multi-device connectivity and edge processing, enabling industrial and healthcare enterprises to manage thousands of connected devices through a single interface.
Contact Information
Website
www.cassianetworks.comCorporate Office
- 97 East Brokaw Road
- Suite 130
- San Jose, CA 95112
- United States
Corporate Office
- 97 East Brokaw Road
- Suite 130
- San Jose, CA 95112
- United States
Cassia Networks Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Secondary Transaction - Private | 01-Feb-2026 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series C) | 26-Apr-2022 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 24-Nov-2020 | Completed | Generating Revenue | |||
| 7. Debt - PPP | 14-Apr-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 29-Mar-2019 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B3) | 01-Jun-2017 | Completed | Generating Revenue | |||
| 4. Secondary Transaction - Private | 01-Jan-2017 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 02-Aug-2016 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 01-Feb-2015 | $2.91M | $2.91M | Completed | Startup | |
| 1. Accelerator/Incubator | Completed | Startup |
Cassia Networks Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B+ | ||||||||
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A3 | ||||||||
| Series A2 | 1,595,000 | $0.000010 | 6% | $0.33 | $0.33 | 1x | $0.33 | 5.4% |
| Series A1 | 2,263,464 | $0.000010 | 6% | $0.25 | $0.25 | 1x | $0.25 | 7.66% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Cassia Networks Comparisons
Industry
Financing
Details
Cassia Networks Competitors (21)
One of Cassia Networks’s 21 competitors is Ubiquiti, a Formerly PE-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ubiquiti | Formerly PE-Backed | New York, NY | ||||
| Freewave Technologies | Formerly PE-Backed | Boulder, CO | ||||
| Actility | Formerly VC-backed | Paris, France | ||||
| Ezurio | Private Equity-Backed | Akron, OH | ||||
| Rigado | Venture Capital-Backed | Portland, OR |
Cassia Networks Patents
Cassia Networks Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4176690-A1 | Method and system for multiple wireless connection optimization | Active | 09-Jul-2020 | ||
| EP-4176690-A4 | Method and system for multiple wireless connection optimization | Active | 09-Jul-2020 | ||
| EP-4176690-B1 | Method and system for multiple wireless connection optimization | Active | 09-Jul-2020 | ||
| US-11259365-B2 | Method and system for multiple wireless connection optimization | Active | 09-Jul-2020 | ||
| US-20220015191-A1 | Method and system for multiple wireless connection optimization | Active | 09-Jul-2020 | H04W8/005 |
Cassia Networks Signals
Cassia Networks Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABB Ventures | Corporate Venture Capital | Minority | ||
| Hanhai BioLabs | Venture Capital | Minority | ||
| Synerleap | Accelerator/Incubator | |||
| Platanus | Family Office | Minority | ||
| SIG China | Venture Capital | Minority |
Cassia Networks FAQs
-
When was Cassia Networks founded?
Cassia Networks was founded in 2014.
-
Where is Cassia Networks headquartered?
Cassia Networks is headquartered in San Jose, CA.
-
What is the size of Cassia Networks?
Cassia Networks has 18 total employees.
-
What industry is Cassia Networks in?
Cassia Networks’s primary industry is Wireless Communications Equipment.
-
Is Cassia Networks a private or public company?
Cassia Networks is a Private company.
-
What is Cassia Networks’s current revenue?
The current revenue for Cassia Networks is .
-
How much funding has Cassia Networks raised over time?
Cassia Networks has raised $33.2M.
-
Who are Cassia Networks’s investors?
ABB Ventures, Hanhai BioLabs, Synerleap, Platanus, and SIG China are 5 of 7 investors who have invested in Cassia Networks.
-
Who are Cassia Networks’s competitors?
Ubiquiti, Freewave Technologies, Actility, Ezurio, and Rigado are some of the 21 competitors of Cassia Networks.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process