Relayr - About the company
Relayr is an acquired company based in Berlin (Germany), founded in 2013 by and . It operates as a Provider of middleware and IoT solutions for enterprises. Relayr has raised $86.2M in funding from investors like Munich Venture Partners, Kleiner Perkins and DTCP. The company has 409 active competitors, including 63 funded and 34 that have exited. Its top competitors include companies like Particle, Silicon Laboratories and PTC.
Company Details
relayr is a provider of enterprise middleware and Internet of Things solutions for the digital transformation of industries. The product line comprises of an IoT middleware platform, edge device management platform, and an IoT analytics & insights platform. The IoT middleware platform enables device data to be collated and communicated between any service, sensor, software, or hardware. It enables managing devices using multiple protocols or vendor-specific proprietary management protocols. The device management software provides all the tools necessary to maintain the IIoT deployment and keep it running for years with minimum downtime. The analytics platform uses AI to deliver actionable insights and also comes with predictive maintenance functionality. The company also provides end-to-end integration services and develops retrofit hardware solutions that enable the collection of business-critical data. Partners include Google Cloud, ARM, Bosch, C3 IoT, Cisco, Dell, L&T Technology, Intel and more. The company was acquired by Munich Re (via its HSB subsidiary) in 2018.
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Key Metrics
Founded Year
2013
Location
Berlin, Germany
Stage
Acquired
Total Funding
in 7 rounds
Latest Funding Round
Investors
Ranked
5th among
Employee Count
as on Dec 31, 2019
Similar Companies
Particle &
Exit Details
Acquired by Munich Re Ventures (Sep 04, 2018)
Legal entities associated with Relayr
Relayr is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Apr 14, 2013 | - | 861 | 223 |
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Relayr's acquisition details
Relayr got acquired by Munich Re Ventures on Sep 04, 2018 at an acquisition amount of $300M.
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Relayr's funding and investors
Relayr has raised a total funding of $86.2M over 7 rounds. Its latest funding round was a Series C round on Feb 19, 2018 for $30M. 5 investors participated in its latest round, which includes Kleiner Perkins, Cisco Investments, Alumni Ventures and DTCP.
Relayr has 22 institutional investors including Munich Venture Partners, Kleiner Perkins and DTCP.
Here is the list of recent funding rounds of Relayr:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Feb 19, 2018 | $30M | Series C | 9152894 | 6609023 | B37 Ventures, Alumni Ventures, and |
Dec 07, 2017 | $19.9M | Series C | 2961878 | 2801726 | - |
Oct 20, 2016 | $23M | Series B | 3359433 | 9363026 |
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Relayr's founders and board of directors
The founders of Relayr are and . Josef Brunner is the CEO of Relayr. has founded 1 more company - Monoqi.
View details of Relayr's Founder profiles and Board Members
Relayr's Competitors and alternates
Top competitors of Relayr include Particle, Silicon Laboratories and PTC. Here is the list of Top 10 competitors of Relayr, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Particle 2011, San Francisco (United States), Series C | Developer of a prototype to production connectivity platform for IoT | $130M | Western Technology Investment, Industry VenturesÌý&²¹³¾±è;Ìý | 79/100 |
2nd |  Silicon Laboratories 1996, Huntsville (United States), Public | Provider of diversified sensors and microprocessors | - | Austin Ventures, Silverton PartnersÌý&²¹³¾±è;Ìý | 75/100 |
3rd |  PTC 1985, Boston (United States), Public | Industrial IoT platform | - | Oak Investment Partners, Bessemer Venture PartnersÌý&²¹³¾±è;Ìý | 74/100 |
4th |  Software AG 1969, Darmstadt (Germany), Acquired | Platform offering ipaas and IoT application development solutions | - | Silver Lake, Ìý&²¹³¾±è;Ìý | 73/100 |
5th | 2013, Berlin (Germany), Acquired | Provider of middleware and IoT solutions for enterprises | $86.2M | Kleiner Perkins, Cisco InvestmentsÌý&²¹³¾±è;Ìý | 53/100 |
6th | Ayla Networks 2010, Milpitas (United States), Series D | Provider of a platform for IoT and edge computing applications | $144M | Cisco Investments, IFCÌý&²¹³¾±è;Ìý | 63/100 |
7th |  Vantiq 2014, Walnut Creek (United States), Series B | Provider of cloud based end to end IoT platforms | $56.4M | 63/100 | |
8th | Faclon Labs 2016, Mumbai (India), Series A | Provider of water management solution | $2.79M | Brand Capital, Village CapitalÌý&²¹³¾±è;Ìý | 58/100 |
9th | Provider of mobile internet services | - | - | 58/100 | |
10th |  ThroughTek 2008, Taipei (Taiwan), Public | Developer of a cloud-based IoT platform to connect and manage IoT devices | - | 57/100 |
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Relayr's Investments and acquisitions
Relayr has made no investments or acquisitions yet.
Reports related to Relayr
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News related to Relayr
Media has covered Relayr for 1 event in last 1 year.
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