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Cradlepoint

8 Disclosed Funding Rounds $162,803,255

0 Participating Investments


Network Security, Security, iOS, Computer, Cloud Management, Software, Enterprise Software, Information Technology, Mobile, Internet of Things

Cradlepoint is a global leader in cloud-based network solutions for connecting people, places, and things over wired and wireless broadband.

Boise, Idaho, United States, North America (US)

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Western US (0 Investors) (0 Startups)

Founded date 01, 2006

Founders George Mulhern, Pat Sewall

Operating Status Active

Funding Stage Late Stage Venture

Last Funding Type Series C

Also known as Cradlepoint Technology

Company Type For Profit


Facebook Link

Twitter Link

LinkedIN Link

Wikipedia Link

Cradlepoint is the global leader in cloud-based network solutions for connecting people, places, and things over wired and wireless broadband. Cradlepoint NetCloud is a software and services platform that extends the company’s 4G LTE-enabled multi-function routers and ruggedized M2M/IoT gateways with cloud-based management and software-defined network services. With Cradlepoint, customers can leverage the speed and economics of wired and wireless Internet broadband for branch, failover, mobile, and IoT networks while maintaining end-to-end visibility, security, and control. More than 15,000 enterprise and government organizations around the world — including 75 percent of the world’s top retailers, 50 percent of the Fortune 100, and 25 of the largest U.S. cities — rely on Cradlepoint to keep critical sites, workforces, vehicles, and devices always connected and protected. Major service providers use Cradlepoint network solutions as the foundation for innovative managed service offerings. Founded in 2006, Cradlepoint is a privately held company headquartered in Boise, Idaho, with development centers in Silicon Valley and Kelowna, Canada, and offices in the UK, Australia, and Japan. Learn more at cradlepoint.com or follow us on Twitter @cradlepoint.

Date Round Raised Lead
March, 09, 2017 Series C $89,000,000 TCV
February, 17, 2017 Venture - Series Unknown $675,000 -------
April, 13, 2015 Series B $48,000,000 Sorenson Capital
July, 24, 2012 Debt Financing $1,500,000 -------
November, 10, 2011 Venture - Series Unknown $4,283,239 -------
April, 08, 2011 Venture - Series Unknown $11,495,016 -------
December, 14, 2010 Venture - Series Unknown $7,500,000 -------
July, 27, 2009 Venture - Series Unknown $350,000 -------

Cradlepoint Investors (10)

Investor Lead? Round Participating Raise Date Partners
TCV Yes Series C $89,000,000 March, 09, 2017 -------
Trolley House Angels No Venture - Series Unknown $675,000 February, 17, 2017 -------
Sewall Bond, LLLP No Venture - Series Unknown $675,000 February, 17, 2017 -------
Gem State Angel Fund No Venture - Series Unknown $675,000 February, 17, 2017 -------
Delta-v Capital No Series B $48,000,000 April, 13, 2015 -------
Sorenson Capital Yes Series B $48,000,000 April, 13, 2015 -------
The CAPROCK Group No Series B $48,000,000 April, 13, 2015 -------
Trinity Capital Investment No Debt Financing $1,500,000 July, 24, 2012 -------
Highway 12 Ventures No Venture - Series Unknown $11,495,016 April, 08, 2011 -------
OVP Venture Partners No Venture - Series Unknown $11,495,016 April, 08, 2011 -------