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Bitreactive

Bitreactive
2011 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Early Stage VC LATEST DEAL TYPE
3 INVESTORS
Description

Developer of a technology platform intended to focus on development and maintenance of machine-to-machine applications. The company's technology platform engages in the development of embedded system used for logistics applications based on RFID and NFC technology, sensor networks or smart metering, enabling clients to concentrate on their core business.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Commercial Services
Other Industries
Machinery (B2B)
Primary Office
  • Abels gate 5, 3rd Floor
  • Number 7030
  • Trondheim
  • Norway

+47 72 00 00 00
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Bitreactive Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC Completed Generating Revenue
4. Grant 10-Feb-2016 Completed Generating Revenue
3. Buyout/LBO 01-Mar-2013 Completed Generating Revenue
2. Early Stage VC 30-Jun-2011 Completed Generating Revenue
1. Grant 01-Jan-2011 $168K Completed Generating Revenue
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Bitreactive Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Innovasion Norge Government 000 0000 000000 0
Televenture Venture Capital Minority 000 0000 000000 0
NTNU Discovery Corporation 000 0000 000000 0

Bitreactive Executive Team (4)

Name Title Board
Seat
Contact
Info
Jone Rasmussen General Manager & Chief Executive Officer
Tim Jagenberg Chief Technology Officer
Bart Jonkers Director, Sales and Business Development
Frank Kraemer Manager, Technology

Bitreactive Board Members (2)

Name Representing Role Since Contact
Info
Eirik Chambe-Eng Bitreactive Board Member 000 0000
Rolv Richard Berven Bræk Bitreactive Board Member 000 0000