Solo.io Overview
- Year Founded
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2017
- Status
-
Private
- Employees
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198
- Latest Deal Type
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Series C
- Latest Deal Amount
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$135M
- Investors
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6
Solo.io General Information
Description
Developer of open-source and enterprise software designed to connect applications with service mesh across any infrastructure. The company's software provides all the tools needed to glue together traditional and cloud-native applications from monoliths to microservices, enabling businesses to migrate and gradually transform legacy applications to new architectures.
Contact Information
Website
www.solo.ioCorporate Office
- 222 Third Street
- Suite 3300
- Cambridge, MA 02142
- United States
Corporate Office
- 222 Third Street
- Suite 3300
- Cambridge, MA 02142
- United States
Solo.io Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC (Series C) | 04-Oct-2021 | $135M | Completed | Generating Revenue | ||
3. Early Stage VC (Series B) | 08-Sep-2020 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 01-Sep-2018 | $11.3M | $13.8M | Completed | Generating Revenue | |
1. Seed Round | 12-Sep-2017 | $2.5M | $2.5M | Completed | Startup |
Solo.io 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 A | 2,871,956 | $0.000100 | 6% | $4.82 | $4.82 | 1x | $4.82 | 19.01% |
Seed | 1,918,818 | $0.000100 | 6% | $1.69 | $1.69 | 1x | $1.69 | 12.7% |
Solo.io Comparisons
Industry
Financing
Details
Solo.io Competitors (8)
One of Solo.io’s 8 competitors is MuleSoft, a Venture Capital-Backed company based in San Francisco, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
MuleSoft | Venture Capital-Backed | San Francisco, CA | ||||
Portworx | Formerly VC-backed | Santa Clara, CA | ||||
Paytm m'Loyal | Formerly VC-backed | Noida, India | ||||
Rafay | Venture Capital-Backed | Sunnyvale, CA | ||||
Kong | Venture Capital-Backed | San Francisco, CA |
Solo.io Patents
Solo.io Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
FR-2643123-A1 | Speed variator with pulleys of variable diameter connected by a flexible link such as a belt or chain, without slip for transmitting high torques | Inactive | 13-May-1988 | ||
FR-2631420-A1 | Variable-diameter pulley for variable speed drive - has belt bearing segments engaged in flanges with leaf spring and pin fixing | Active | 13-May-1988 |
Solo.io Signals
Solo.io Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Altimeter Capital Management | Venture Capital | Minority | ||
Kaiser Permanente Ventures | Corporate Venture Capital | Minority | ||
Haystack Management Company | Venture Capital | Minority | ||
Redpoint Ventures | Venture Capital | Minority | ||
WestWave Capital | Venture Capital | Minority |
Solo.io FAQs
-
When was Solo.io founded?
Solo.io was founded in 2017.
-
Where is Solo.io headquartered?
Solo.io is headquartered in Cambridge, MA.
-
What is the size of Solo.io?
Solo.io has 198 total employees.
-
What industry is Solo.io in?
Solo.io’s primary industry is Business/Productivity Software.
-
Is Solo.io a private or public company?
Solo.io is a Private company.
-
What is the current valuation of Solo.io?
The current valuation of Solo.io is
. -
What is Solo.io’s current revenue?
The current revenue for Solo.io is
. -
How much funding has Solo.io raised over time?
Solo.io has raised $172M.
-
Who are Solo.io’s investors?
Altimeter Capital Management, Kaiser Permanente Ventures, Haystack Management Company, Redpoint Ventures, and WestWave Capital are 5 of 6 investors who have invested in Solo.io.
-
Who are Solo.io’s competitors?
MuleSoft, Portworx, Paytm m'Loyal, Rafay, and Kong are some of the 8 competitors of Solo.io.
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