# GainSpan Corporation

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

- Industry: Telecoms
- Headquarters: San Jose, US
- Website: www.gainspan.com
- Total disclosed funding: $76M
- Latest round: Series D (Jun 25, 2013)
- Investors on record: 12

## About

GainSpan Corporation specializes in Internet of Things (IoT) solutions, providing secure connectivity and enabling smart device integration across diverse industries.Founded in 2006 and headquartered in San Jose, US, GainSpan Corporation focuses on IoT technology and was acquired by Telit Communications in a TRADE SALE for USD 8 mn on February 1, 2017. GainSpan has participated in 13 deals over its operational period.GainSpan Corporation offers a range of IoT solutions, including secure cellular IoT modules and edge AI capabilities. Their products enable seamless connectivity for applications such as smart meters and Personal Emergency Response Systems, impacting industries like healthcare, agriculture, and smart cities, primarily in Europe and North America.The company's revenue model is based on B2B partnerships and direct sales, with subscription-based cellular connectivity plans that support various pricing tiers for clients. Their flagship products, including NExT™ services and smart modules, are designed to meet the evolving needs of enterprises requiring robust IoT infrastructure.GainSpan Corporation is focused on developing new IoT products and expanding its market reach. The recent acquisition by Telit Communications provides resources to enhance product offerings. Plans include targeting specific geographic regions for expansion, aligning with the strategic goals outlined during the acquisition process.

## Funding rounds

- Series D, Jun 25, 2013, $19M — Intel Capital, New Venture Partners, Opus Capital Ventures, Hatteras Funds, Zebra Technologies Corporation, CampVentures, Oplink Communications, Sigma Partners
- Series C, Dec 5, 2011, $18M — Intel Capital, New Venture Partners, Mobile Internet Capital, Opus Capital Ventures, In-Q-Tel, CampVentures, Sigma Partners
- Series E, May 12, 2011 — OVP Venture Partners, Intel Capital, New Venture Partners, Opus Capital Ventures, Sigma Partners
- Series C, Nov 2, 2010, $5.1M — OVP Venture Partners, Intel Capital, New Venture Partners, Opus Capital Ventures, In-Q-Tel, Sigma Partners
- Series B, Apr 30, 2008, $0.6M — OVP Venture Partners, Intel Capital, New Venture Partners, Opus Capital Ventures, CampVentures, Sigma Partners
- Series B, Dec 12, 2007, $20M — OVP Venture Partners, Intel Capital, New Venture Partners, Opus Capital Ventures, CAMP Healthcare, Sigma Partners
- Series A, Sep 18, 2006, $13M — OVP Venture Partners, Intel Capital, New Venture Partners, Sigma Partners

## Investors

- OVP Venture Partners (https://capitalatlas.ai/funds/ovp-venture-partners) — Series A, Series B, Series C, Series E
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B, Series C, Series E, Series D
- New Venture Partners (https://capitalatlas.ai/funds/new-venture-partners) — Series A, Series B, Series C, Series E, Series D
- Sigma Partners — Series A, Series B, Series C, Series E, Series D
- Opus Capital Ventures (https://capitalatlas.ai/funds/opus-capital-ventures) — Series B, Series C, Series E, Series D
- CAMP Healthcare — Series B
- CampVentures (https://capitalatlas.ai/funds/campventures) — Series B, Series C, Series D
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series C
- Mobile Internet Capital (https://capitalatlas.ai/funds/mobile-internet-capital) — Series C
- Hatteras Funds (https://capitalatlas.ai/funds/hatteras-funds) — Series D
- Zebra Technologies Corporation — Series D
- Oplink Communications — Series D