Overview

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Status
Acquired by on January 20, 2015
Total Equity Funding
$33.5M in 5 Rounds from 10 Investors
Headquarters:
Waltham, MA
Description:
Redbend develops and markets automotive, mobile, and IoT solutions.
Founders:
Categories:
Application Performance Management, Automotive, Enterprise Software, Virtualization
Website:
http://www.redbend.com
Social:

Company Details

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Redbend develops and markets automotive, mobile, and IoT solutions. It offers software update management, device management and analytics, and device virtualization products.

The company’s portfolio of services includes SaaS, hosted services, integration and customization, professional services, and consulting services.

Redbend’s products and solutions are based on Redbend 10, a software management platform that leverages the company’s core Smart Delta and Virtualization technologies to meet the growing needs of automotive OEMs and Tier 1s as well as device manufacturers and device enhancers in the IoT and mobile markets.

Its off-the-shelf, end-to-end cloud-based solution, with a selection of pre-defined service configuration options maintains and updates the backend software, including the server’s OS updates, security, firewall, and daily backups.

Redbend was founded in 1999 and is based in Waltham, Massachusetts.

Funding Rounds (6) - $38.5M

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2008$10M / Series E5
$5M / Debt Financing1
Feb, 2005$10M / Series D5
Mar, 2004$8.2M / Series C4
Dec, 2000$1M / Venture1
Oct, 2000$4.3M / Series A3

Acquisitions (1)

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DateAcquiredAmount
Sep 7, 2010Unknown

Current Team (13)

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News (57)

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Competitors (1)

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  • Mender provides an open source over-the-air (OTA) software updater for connected Linux devices.

Offices/Locations (2)

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  • Office

    400-1 Totten Pond Road, Suite 130

    Waltham, MA 02451

    USA

  • Headquarters

    Rosh Ha'ayin, HaMerkaz

    Israel

Past Team (5)

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Images (1)

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