# Blackwave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blackwave

- Industry: Software
- Headquarters: Cambridge, UK
- Website: www.blackwave.com
- Total disclosed funding: $28M
- Latest round: Series C (Sep 30, 2009)
- Investors on record: 3

## About

Blackwave is a technology firm based in Cambridge, UK, specializing in delivering innovative solutions that enhance operational efficiency across various sectors, primarily targeting technology and manufacturing industries.Founded in 2005 in Cambridge, UK, Blackwave focuses on advanced technology solutions, specifically addressing business challenges in operational efficiency. The company has undergone no known pivots or changes in business strategy since its inception. Blackwave was involved in a significant deal in November 2010 when it sold its Advanced Video Delivery Technology to Juniper Networks, with financial terms remaining undisclosed. Currently, Blackwave’s operations are centered in Cambridge, where it maintains its headquarters. The company has attracted attention from various investors, securing a total of USD 7.00 mn across multiple funding rounds, with the latest being a Series C round led by Flybridge Capital Partners, Globespan Capital Partners, and Sigma Partners.Blackwave specializes in providing innovative solutions designed to address specific challenges faced by businesses in various sectors. The company's core offerings include advanced technology products and services that enhance operational efficiency and streamline processes for their clients. These solutions are tailored to meet the needs of a diverse clientele, including small to medium-sized enterprises and larger corporations, primarily within the technology and manufacturing industries. Blackwave’s products are designed to cater to end-users seeking to improve productivity and reduce operational costs. The company's services are offered in key geographical markets, including North America, Europe, and parts of Asia, ensuring a global reach to serve a broad spectrum of customers.Blackwave generates revenue through a structured transaction model that includes both direct sales and partnership arrangements. The company's flagship products are offered through a subscription-based pricing plan, allowing clients to access essential services on a recurring basis. Additionally, Blackwave engages in B2B transactions, providing tailored solutions to other businesses that enhance their operational capabilities. The pricing structure is designed to accommodate various customer needs, with packages available for different tiers of service. This strategic approach to revenue generation fosters long-term relationships with clients and allows for a predictable revenue stream that contributes to the company’s financial stability.Blackwave is focusing on the development of new products aimed at improving operational efficiencies, with plans for several launches targeting the technology and manufacturing sectors. The company is also looking to expand its presence in emerging markets in Asia and South America by 2025. Funding from the recent Series C round will support these initiatives, particularly in research and development and market entry efforts. The most recent deal in November 2010, where Blackwave sold its Advanced Video Delivery Technology to Juniper Networks, illustrates its strategic positioning within the technology landscape.

## Funding rounds

- Series C, Sep 30, 2009, $7M — Globespan Capital Partners, Flybridge Capital Partners, Sigma Partners
- Series B, Dec 3, 2007, $16M — Globespan Capital Partners, Flybridge Capital Partners, Sigma Partners
- Series A, Dec 27, 2006, $5M — Globespan Capital Partners, Flybridge Capital Partners

## Investors

- Globespan Capital Partners (https://capitalatlas.ai/funds/globespan-capital-partners) — Series A, Series B, Series C
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A, Series B, Series C
- Sigma Partners — Series B, Series C