GreenPeak Technologies
Latest round
- Series B
Last raised
- Oct 2009
Total raised
- $19M
Investors
- 5
About GreenPeak Technologies
Founded in 2004 and headquartered in Utrecht, Netherlands, GreenPeak Technologies develops innovative wireless communication technologies focused on the Internet of Things (IoT). In April 2016, the company was acquired by Qorvo, marking a strategic pivot to expand their market reach.GreenPeak Technologies, now part of Qorvo, specializes in advanced connectivity solutions, primarily focusing on the Internet of Things (IoT) sector. Their core product offerings include wireless communication technologies designed to enhance smart home devices, automation systems, and various consumer electronics. The technology enables seamless connectivity and control of devices within smart environments, addressing the growing demand for integrated solutions in sectors such as home automation, healthcare, and energy management.GreenPeak Technologies generates revenue through a combination of direct sales and partnerships with manufacturers and service providers. Their business model typically involves B2B transactions, where clients license their technology or purchase devices that incorporate GreenPeak's solutions. This structure allows for flexibility in pricing, accommodating various customer needs based on volume and product integration. Key products, which may include proprietary chips and software solutions, facilitate transactions that can involve bulk orders for manufacturing or subscription-based models for ongoing software updates and support.With the recent acquisition by Qorvo, GreenPeak Technologies is positioned to leverage Qorvo's resources to enhance its product offerings and expand into new markets. Future strategies include the design and launch of new IoT solutions aimed at enhancing smart home functionalities. Specific plans for geographic expansion include targeting the Asia-Pacific region by 2025.
Who invested in GreenPeak Technologies
5 investors across 1 round
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Funding rounds
Series B
Oct 29, 2009
Amount
$19M
Investors
Questions about GreenPeak Technologies
Who invested in GreenPeak Technologies?
GreenPeak Technologies has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GreenPeak Technologies raised?
GreenPeak Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GreenPeak Technologies last raise money?
GreenPeak Technologies's most recent round on record is a Series B, in Oct 2009.
What does GreenPeak Technologies do?
Founded in 2004 and headquartered in Utrecht, Netherlands, GreenPeak Technologies develops innovative wireless communication technologies focused on the Internet of Things (IoT).
Where is GreenPeak Technologies headquartered?
GreenPeak Technologies is headquartered in Utrecht, Netherlands.
Which VCs invest in companies like GreenPeak Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back semiconductors companies at GreenPeak Technologies's stage. Their profiles are linked below.
VCs backing semiconductors startups at Series B
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