When was Borqs founded?

Borqs was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Borqs located?

Borqs is headquartered in Santa Clara, United States. It is registered at Prestige Al-Kareem, No. 3, Edward Road Civil Station, Corporation Division No., 72, Bangalore, Karnataka, India, 560052.

How many employees does Borqs have?

As of Aug 31, 2026, the latest employee count at Borqs is 494.

Is Borqs a funded company?

Borqs is a funded company, having raised a total of $32.6M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 2009.

When was the latest funding round of Borqs?

Borqs' latest funding was a $***** Post IPO round on Jun 02, 2022, with participation from 1 investor.

What is the annual revenue of Borqs?

Annual revenue of Borqs is between $100M and $500M as on Dec 31, 2017

Where does Borqs rank among its competitors?

Borqs ranks 2nd amongst 90 active competitors, of which 12 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was PATEO, which secured $208M in Mar, 2024.

Who are the top competitors of Borqs?

Borqs' top competitors include PATEO, Rand McNally and NNG. Among them, PATEO secured the most recent funding round in March, 2024.

Borqs - 2026 Company Profile, Funding, Competitors & Financials

Borqs is an acquired company based in Santa Clara (United States), founded in 2007. It operates as a Developer of cloud and IoT-based embedded software & hardware solutions. Borqs has raised $32.6M in funding from Qualcomm Ventures and Keytone Ventures. The company has 90 active competitors, including 12 funded and 9 that have exited. Its top competitors include companies like PATEO, Rand McNally and NNG.

Company Details

Developer of IoT-based embedded software & hardware solutions. It is engaged in providing IoT solutions across devices from smartphones, tablets, and smartwatches, as well as in payments, and vertical application devices for restaurants. It also provides end-to-end software & hardware solutions for all parties of the mobile communications industry, including mobile services operators and handset manufacturers. Its smart city solutions include traffic sensors and street lighting automation solutions. Its smart car offerings include SIM-based IVI communications solutions, infotainment systems, and more.

Website: borqs.com
Social
Email ID: *****@borqs.com
Phone Number: +86 **********
Registered Address: Prestige Al-Kareem, No. 3, Edward Road Civil Station, Corporation Division No., 72, Bangalore, Karnataka, India, 560052

Key Metrics

Founded Year

2007

Location

Santa Clara, United States

Stage

Acquired

Total Funding

$32.6M in 6 rounds

Latest Funding Round

Post IPO, Jun 02, 2022, $*****

Investors

Qualcomm Ventures & 8 more

Ranked

2^nd among 90 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2017

Employee Count

494 as on Aug 31, 2026

Investment & Acquisitions

Holu Hou Energy

Similar Companies

PATEO & 131 more

Exit Details

Acquired by Sasken (Nov 01, 2024)

View Borqs' full profile

Borqs is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BORQS TECHNOLOGIES, INC. CIN: 1650575 , United States, Active		$100M - $500M (As on Dec 31, 2017)	612 (As on Dec 31, 2017)	-
BORQS TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72200KA2009PTC050460 , India, Active	Jul 23, 2009	₹100 - ₹500 Cr (As on Mar 31, 2025)	298 (As on Mar 01, 2026)

Borqs got acquired by Sasken on Nov 01, 2024.

Click here to take a look at Borqs's acquisition in detail

Borqs has raised a total funding of $32.6M over 6 rounds. Its first funding round was on Jan 2009. Its latest funding round was a Post IPO round on Jun 02, 2022 for $*****. 1 investor participated in its latest round. Borqs has 9 institutional investors.

Here is the list of recent funding rounds of Borqs:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 02, 2022	6393777	Post IPO	5910870	3900427	3891035	6793108
May 16, 2019	3537146	Post IPO	5574346	6119823	3966352	7410584
Mar 13, 2017	7633776	Series E	4216071	1664815	Qualcomm Ventures	Accel

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View details of Borqs's funding rounds and investors

Borqs' employee count trend

Borqs has 494 employees as of Aug 26. Here is Borqs's employee count trend over the years:

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Top competitors of Borqs include PATEO, Rand McNally and NNG. Here is the list of Top 10 competitors of Borqs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PATEO 2009, Shanghai (China), Public	Saas & AI enabled infotainment solutions for connected vehicles	$639M	Suning Holdings Group, FAW Group Corporation ... & 12 others	69/100
2nd	Borqs 2007, Santa Clara (United States), Acquired	Developer of cloud and IoT-based embedded software & hardware solutions	$32.6M	Qualcomm Ventures, Accel & 7 others	64/100
3rd	Rand McNally 1856, Chicago (United States), Acquired	Commercial Transportation, Travel & Mobile Resource Management	-	MidCap Financial	49/100
4th	NNG 2004, Budapest (Hungary), Funding Raised	White label connected car solution focussing on navigation	-	Insight Partners, Europa	48/100
5th	Nonda 2014, Palo Alto (United States), Funding Raised	Provider of connected car devices and a smart driving assistant app	-	China Growth Capital, Palm Drive Capital & 1 others	47/100
6th	Unimax Electronics 2007, Taipei (Taiwan), Unfunded	Provider of in-vehicle infotainment system	-	-	46/100
7th	Carbit 2014, Beijing (China), Series A	In-vehicle infotainment system providers	$9.16M	-	45/100
8th	Accolade Electronics 2003, Pune (India), Unfunded	Provider of infotainment systems and connected solutions for the automotive industry	-	-	44/100
9th	Psitron 1988, Campinas (Brazil), Unfunded	Manufacturer of in-vehicle infotainment systems & electronics	-	-	43/100
10th	Pioneer Carglobal 1938, Bunkyo (Japan), Unfunded	Manufacturer of automotive multimedia receivers and speakers	-	-	42/100