Greenwave Systems Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 71

Employees

  • Latest Deal Type
  • M&A

Greenwave Systems General Information

Description

Developer of a mobile network platform intended to build a mobile virtual network connectivity. The company's platform facilitates machine-to-machine network architects and service providers to monetize networks while addressing security, interoperability, mobility, flexibility, and scalability, enabling device manufacturers to develop and deploy devices with connectivity services.

Contact Information

Formerly Known As
Greenwave Reality Llc
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 15420 Laguna Canyon Road
  • Suite 150
  • Irvine, CA 92618
  • United States
+1 (714)
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Parent Company
Vertical(s)
Corporate Office
  • 15420 Laguna Canyon Road
  • Suite 150
  • Irvine, CA 92618
  • United States
+1 (714)

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Greenwave Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 09-Jun-2026 Completed Generating Revenue
4. Secondary Transaction - Private 31-Jan-2017 Completed Generating Revenue
3. Later Stage VC (Series C) 05-Jan-2016 Completed Generating Revenue
2. Early Stage VC (Series B) 10-Oct-2013 $19.8M $31.8M Completed Generating Revenue
1. Early Stage VC (Series A) 17-Jun-2010 $12.1M $12.1M Completed Generating Revenue
To view Greenwave Systems’s complete valuation and funding history, request access »

Greenwave Systems 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 6,090,300 $0.001000 6% $1.9 $1.9 1x $1.9 16.1%
To view Greenwave Systems’s complete cap table history, request access »

Greenwave Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile network platform intended to build a mobile virtual network connectivity. The company's platform f
Business/Productivity Software
Irvine, CA
71 As of 2022

Istanbul, Turkey
 

Santa Clara, CA
 
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Greenwave Systems Competitors (29)

One of Greenwave Systems’s 29 competitors is Iven, a Formerly VC-backed company based in Istanbul, Turkey.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Iven Formerly VC-backed Istanbul, Turkey
Litmus Venture Capital-Backed Santa Clara, CA
Kii (Finland) Corporation Helsinki, Finland
Matellio Corporation San Jose, CA
Ayla Networks Private Equity-Backed San Jose, CA
You’re viewing 5 of 29 competitors. Get the full list »

Greenwave Systems Patents

Greenwave Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2021255992-A1 System for real-time recognition and identification of sound sources Inactive 16-Apr-2020
CA-3179399-A1 System for real-time recognition and identification of sound sources Pending 16-Apr-2020
EP-4136417-A1 System for real-time recognition and identification of sound sources Active 16-Apr-2020
EP-4136417-B1 System for real-time recognition and identification of sound sources Active 16-Apr-2020
EP-4136417-C0 System for real-time recognition and identification of sound sources Active 16-Apr-2020 H04R3/04
To view Greenwave Systems’s complete patent history, request access »

Greenwave Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Greenwave Systems Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Applied Micro Circuits Corporation Minority
Craton Equity Partners PE/Buyout Minority
E.ON Corporation Minority
EDBI Venture Capital Minority
ST Telemedia PE/Buyout Minority
You’re viewing 5 of 6 investors. Get the full list »

Greenwave Systems Acquisitions (1)

Greenwave Systems’s most recent deal was a Merger/Acquisition with Predixion. The deal was made on 20-Sep-2016.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Predixion 20-Sep-2016 Merger/Acquisition Business/Productivity Software
To view Greenwave Systems’s complete acquisitions history, request access »

Greenwave Systems FAQs

  • When was Greenwave Systems founded?

    Greenwave Systems was founded in 2009.

  • Where is Greenwave Systems headquartered?

    Greenwave Systems is headquartered in Irvine, CA.

  • What is the size of Greenwave Systems?

    Greenwave Systems has 71 total employees.

  • What industry is Greenwave Systems in?

    Greenwave Systems’s primary industry is Business/Productivity Software.

  • Is Greenwave Systems a private or public company?

    Greenwave Systems is a Private company.

  • What is Greenwave Systems’s current revenue?

    The current revenue for Greenwave Systems is .

  • How much funding has Greenwave Systems raised over time?

    Greenwave Systems has raised $91.8M.

  • Who are Greenwave Systems’s investors?

    Applied Micro Circuits, Craton Equity Partners, E.ON, EDBI, and ST Telemedia are 5 of 6 investors who have invested in Greenwave Systems.

  • Who are Greenwave Systems’s competitors?

    Iven, Litmus, Kii (Finland), Matellio, and Ayla Networks are some of the 29 competitors of Greenwave Systems.

  • When was Greenwave Systems acquired?

    Greenwave Systems was acquired on 09-Jun-2026.

  • Who acquired Greenwave Systems?

    Greenwave Systems was acquired by Axon Networks.

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