Cradlepoint
2006
FOUNDED
PRIVATE
STATUS
501-600
EMPLOYEES
Debt
LATEST DEAL TYPE
$10M
LATEST DEAL AMOUNT
8
INVESTORS
Description
Provider of cloud-based WAN network solutions intended to connect people, places and equipment over wired and wireless broadband. The company's products include network management software and connectivity devices that utilize joined data, cloud, security and the evolving IoT with intelligent networking, enabling enterprise network administrators to easily create, monitor, manage and maintain their distributed network running on different WAN sources.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Wireless Service Providers
Other Industries
Wireless Communications Equipment
Primary Office
- 1111 West Jefferson Street
- Suite 400
- Boise, ID 83702
- United States
+1 (208) 000-0000
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Cradlepoint Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Debt - General | 14-Feb-2018 | $10M | 00000 | Completed | Generating Revenue | |
| 10. Later Stage VC | 00.000 | 00000 | Completed | Generating Revenue | ||
| 9. Later Stage VC (Series C) | 08-Mar-2017 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 8. Later Stage VC (Series B) | 13-Apr-2015 | 000.00 | 0000 | 00000 | Completed | Generating Revenue |
| 7. Debt - General | 24-Jul-2012 | 00.00 | 000.00 | Completed | Generating Revenue | |
| 6. Early Stage VC (Series B1) | 10-Nov-2011 | 00.000 | 000.00 | 000.00 | Completed | Startup |
| 5. Early Stage VC (Series B) | 01-Apr-2011 | 000.00 | 000.00 | 000.00 | Completed | Startup |
| 4. Debt - General | 04-Jun-2010 | 00.000 | 00.00 | Completed | Startup | |
| 3. Early Stage VC | 27-Jul-2009 | $350K | $409K | Completed | Startup | |
| 2. Merger/Acquisition | 07-Jul-2008 | $30.2M | 000.00 | Cancelled | Startup |
Cradlepoint Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.00 |
| Series B | 00,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 00.000 |
| Series A-B1 | 0,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
| Series A-B | 00,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
| Series A-A2 | 0,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
| Series A-A1 | 338,881 | $0.001000 | 6% | $0.8 | $0.8 | 1x | $0.8 | 0.26% |
| Series A-A | 3,232,928 | $0.001000 | $0.25 | $0.25 | 1x | $0.25 | 2.49% |
Cradlepoint Competitors (36)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Proxim Wireless | Formerly VC-backed | San Jose, CA | 00 | 00000 | 000000&0 | 00000 |
| 0000000 0000000000 | Formerly VC-backed | Markham, Canada | 000 | 000.00 | 000000000 | 000.00 |
| 000000 | Venture Capital-Backed | Santa Clara, CA | 000 | 00000 | 00000000000 | 00000 |
| 00000000 | Formerly VC-backed | Herzlia, Israel | 00 | 000.00 | 000000&0 | 000.00 |
| 000000000 | Formerly VC-backed | Mountain View, CA | 00 | 000.00 | 000000&0 | 000.00 |
Cradlepoint Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000 | 08-Dec-2015 | 000000000000000000 | Network Management Software | 000000 0000000 |
Cradlepoint Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| TCV | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Boise Angel Alliance | Angel Group | Minority | 000 0000 | 000000 0 | ||
| Delta-v Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | ||
| Sorenson Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | ||
| The Caprock Group | Family Office | Minority | 000 0000 | 000000 0 |
Cradlepoint Executive Team (21)
9 Former Executives
You’re viewing 5 of 21 executives. Get the full list »Cradlepoint Board Members (14)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Doug Gilstrap | TCV | Board Member | 000 0000 | |
| George Mulhern | Cradlepoint | Chief Executive Officer and Chairman | 000 0000 | |
| Gerard Langeler | OVP Venture Partners | Board Member | 000 0000 | |
| Greg Warnock Ph.D | Mercato Partners | Board Member | 000 0000 | |
| LeGrand Lewis | Sorenson Capital | Board Member | 000 0000 |
4 Former Board Members
You’re viewing 5 of 14 board members. Get the full list »