Company Profiles

driven by the PitchBook Platform

Ambient Devices

Ambient Devices
2001 FOUNDED
PRIVATE STATUS
11-50 EMPLOYEES
Series AA LATEST DEAL TYPE
$5M LATEST DEAL AMOUNT
$9.2M TOTAL AMOUNT RAISED
Description

Provider of wireless information displays designed to deliver instant and effortless access to information at a glance. The company's wireless information displays provide access to information, such as weather forecasts, stock market activity and sports scores, enabling users to instant and effortless access to dynamic information.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronics (B2C)
Other Industries
Electrical Equipment
Information Services (B2C)
Primary Office
One Broadway
14th Floor Kendall Square
Cambridge, MA 02142
United States

+1 (866) 595-5907
Request full access to PitchBook

You’re viewing a free company profile from the PitchBook Platform. To explore Ambient Devices’s full profile, request a free trial.

Ambient Devices Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series AA) 15-Sep-2008 $5M $9.2M 000.00 Completed Generating Revenue
2. Later Stage VC (Series B) 08-Sep-2008 00.000 00.000 Completed Generating Revenue
1. Later Stage VC (Series A) 01-Jun-2006 $1.5M $1.5M Completed Generating Revenue
To view this company’s complete deal history including valuation and funding request access »

Ambient Devices Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series AA 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B1 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series B 1,800,163 $0.001000 8% $0.41 $0.41 1x $0.41 3.97%
Series A 1,805,500 $0.001000 8% $0.5 $0.5 1x $0.5 3.98%
To view this company’s complete Cap Table request access »

Ambient Devices Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
.406 Ventures Venture Capital Minority 000 0000 000000 0
Brand Building Ventures Angel Group Minority 000 0000 000000 0
David Rose Angel (individual) Minority 000 0000 000000 0
First Round Capital Venture Capital Minority 000 0000 000000 0
Individual Investor Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 9 investors. Get the full list »

Ambient Devices Executive Team (4)

Name Title Board
Seat
Contact
Info
Pritesh Gandhi Chief Executive Officer, Co-Founder & Board Member
Lou Casavant Chief Financial Officer
Ted Vann Vice President, Business Development
Albert Ting Vice President, Operations and Manufacturing

Ambient Devices Board Members (5)

Name Representing Role Since Contact
Info
Gregory Dracon .406 Ventures Board Member 000 0000
Howard Morgan Ph.D First Round Capital Board Member 000 0000
Lawrence Begley .406 Ventures Board Member 000 0000
Pritesh Gandhi Ambient Devices Chief Executive Officer, Co-Founder & Board Member 000 0000
Thomas Grant Self Board Member 000 0000