Cradlepoint Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,500

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $1.1B

Cradlepoint General Information

Description

Developer of cloud-based network solutions intended to connect people, places and equipment over wired and wireless broadband connections. The company's products include network management software and connectivity devices that utilize joint data, cloud and security with intelligent networking, enabling businesses to create, monitor, manage and maintain their distributed network running on different sources.

Contact Information

Website
www.cradlepoint.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1111 West Idaho Street
  • Suite 800
  • Boise, ID 83702-5389
  • United States
+1 (855)
Primary Industry
Wireless Communications Equipment
Other Industries
Telecommunications Service Providers
Parent Company
Ericsson
Vertical(s)
CloudTech & DevOps, SaaS, Internet of Things
Corporate Office
  • 1111 West Idaho Street
  • Suite 800
  • Boise, ID 83702-5389
  • United States
+1 (855)

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Cradlepoint Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Merger/Acquisition 02-Nov-2020 $1.1B Completed Generating Revenue
12. Debt - PPP 12-Apr-2020 Completed Generating Revenue
11. Debt - General 07-Feb-2020 Completed Generating Revenue
10. Debt - General 14-Feb-2018 Completed Generating Revenue
9. Later Stage VC (Series C) 08-Mar-2017 Completed Generating Revenue
8. Later Stage VC (Series B) 13-Apr-2015 Completed Generating Revenue
7. Debt - General 24-Jul-2012 Completed Generating Revenue
6. Later Stage VC (Series B1) 10-Nov-2011 Completed Startup
5. Later Stage VC (Series B) 01-Apr-2011 $11.5M $13.4M Completed Startup
4. Debt - General 04-Jun-2010 $1.49M $1.9M Completed Startup
To view Cradlepoint’s complete valuation and funding history, request access »

Cradlepoint 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-B1
Series A-B
Series A-A2
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%
To view Cradlepoint’s complete cap table history, request access »

Cradlepoint Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of cloud-based network solutions intended to connect people, places and equipment over wired and wireless broa
Wireless Communications Equipment
Boise, ID
1,500 As of 2024

Salt Lake City, UT
 

San Diego, CA
 
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Cradlepoint Competitors (32)

One of Cradlepoint’s 32 competitors is FatPipe Networks, a Venture Capital-Backed company based in Salt Lake City, UT.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
FatPipe Networks Venture Capital-Backed Salt Lake City, UT
Inseego Formerly PE-Backed San Diego, CA
Antaira Technologies Corporation Brea, CA
Rajant Venture Capital-Backed Malvern, PA
Ruckus Networks Formerly VC-backed Sunnyvale, CA
You’re viewing 5 of 32 competitors. Get the full list »

Cradlepoint Patents

  • 126

    Total Documents Applications and Grants

  • Total Patents Families

  • 92

    Granted

  • 7

    Pending

  • Expiring in next 12 mo

Cradlepoint Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240314587-A1 Systems and methods for providing saas optimization and security as a service offering Pending 13-Mar-2023
US-20240314173-A1 Systems and methods for automatic multi-access edge computing Pending 13-Mar-2023
US-20240314172-A1 Systems and methods for automatic access traffic steering, switching, and splitting Pending 13-Mar-2023
US-20240314717-A1 Systems and methods for automatic network slicing in 5g networks Pending 13-Mar-2023
US-20240089027-A1 Method and apparatus for forward error correction at the ip layer with loss adaptive overhead minimization Pending 12-Sep-2022 H04L1/0041
To view Cradlepoint’s complete patent history, request access »

Cradlepoint Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Cradlepoint Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Boise Angel Alliance Angel Group Minority
Delta-v Capital Growth/Expansion Minority
Frazier Group Venture Capital Minority
Highway 12 Ventures Venture Capital Minority
Mercato Partners Growth/Expansion Minority
You’re viewing 5 of 11 investors. Get the full list »

Cradlepoint Acquisitions (3)

Cradlepoint’s most recent deal was a Merger/Acquisition with Ericom Software. The deal was made on 31-Mar-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Ericom Software 31-Mar-2023 Merger/Acquisition Network Management Software
Quortus 17-Nov-2021 Merger/Acquisition Communication Software
Pertino 08-Dec-2015 Merger/Acquisition Network Management Software
To view Cradlepoint’s complete acquisitions history, request access »

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Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Ericom Software Paramus, NJ 1993

Cradlepoint FAQs

  • When was Cradlepoint founded?

    Cradlepoint was founded in 2006.

  • Where is Cradlepoint headquartered?

    Cradlepoint is headquartered in Boise, ID.

  • What is the size of Cradlepoint?

    Cradlepoint has 1,500 total employees.

  • What industry is Cradlepoint in?

    Cradlepoint’s primary industry is Wireless Communications Equipment.

  • Is Cradlepoint a private or public company?

    Cradlepoint is a Private company.

  • What is the current valuation of Cradlepoint?

    The current valuation of Cradlepoint is .

  • What is Cradlepoint’s current revenue?

    The current revenue for Cradlepoint is .

  • How much funding has Cradlepoint raised over time?

    Cradlepoint has raised $281M.

  • Who are Cradlepoint’s investors?

    Boise Angel Alliance, Delta-v Capital, Frazier Group, Highway 12 Ventures, and Mercato Partners are 5 of 11 investors who have invested in Cradlepoint.

  • Who are Cradlepoint’s competitors?

    FatPipe Networks, Inseego, Antaira Technologies, Rajant, and Ruckus Networks are some of the 32 competitors of Cradlepoint.

  • When was Cradlepoint acquired?

    Cradlepoint was acquired on 02-Nov-2020.

  • Who acquired Cradlepoint?

    Cradlepoint was acquired by Ericsson.

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