# Dedicated Devices

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dedicated-devices

- Industry: Electronics
- Headquarters: Nampa, US
- Website: www.dedicateddev.com
- Total disclosed funding: $6M
- Latest round: Series B (Feb 1, 2005)
- Investors on record: 4

## About

Dedicated Devices provides innovative technological solutions that enhance operational efficiency for businesses across various sectors, focusing on software applications that streamline workflows and optimize resource use.Dedicated Devices operates in Nampa, US, specializing in operational efficiency solutions through software applications. Founded by industry veterans, the company has undergone strategic pivots to maintain its competitive edge. In February 2007, it was acquired by Home Director Inc. The latest funding round was a Series B in which they raised USD 6.00 mn, led by Palomar Ventures, with participation from Highway 12 Ventures, Pelion Venture Partners, and Village Ventures. The total amount raised to date stands at USD 6.00 mn.The company specializes in delivering technological solutions to enhance operational efficiency across various sectors. Their software applications streamline workflows, optimize resource allocation, and provide real-time analytics, primarily targeting medium to large enterprises in finance, healthcare, and logistics. These solutions address challenges in data management and operational transparency, gaining traction particularly in North America, Western Europe, and parts of Asia.Dedicated Devices generates revenue through subscription-based models and direct sales of its software solutions. Clients typically enter annual contracts, which may include premium packages offering advanced analytics and dedicated support. This revenue model fosters long-term client relationships and accommodates both B2B partnerships and direct-to-consumer engagements.Dedicated Devices plans to expand its product offerings with new software solutions slated for release in the upcoming year, targeting enhancements in data analytics capabilities. The company is also looking to penetrate additional markets in Western Europe and select regions in Asia by 2025. The recent funding from the Series B round will support these initiatives, particularly the development of new software products and the expansion of its market footprint.

## Funding rounds

- Series B, Feb 1, 2005, $6M — Highway 12 Ventures, Palomar Ventures, Pelion Venture Partners, Village Ventures

## Investors

- Highway 12 Ventures (https://capitalatlas.ai/funds/highway-12-ventures) — Series B
- Palomar Ventures (https://capitalatlas.ai/funds/palomar-ventures) — Series B
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Series B
- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Series B
