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 May 31, 2026, the latest employee count at Borqs is 490.

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 $154M as on Dec 31, 2017.

Where does Borqs rank among its competitors?

Borqs ranks 2nd amongst 88 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, NNG and Rand McNally. Among them, PATEO secured the most recent funding round in March, 2024.

Borqs - 2026 Company Profile, Funding, Competitors & Financials

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 88 active competitors

Annual Revenue

$154M as on Dec 31, 2017

Employee Count

490 as on May 31, 2026

Investment & Acquisitions

Holu Hou Energy

Similar Companies

PATEO & 130 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	Documents
BORQS TECHNOLOGIES, INC. CIN: 1650575 , United States, Active		$154M (As on Dec 31, 2017)	612 (As on Dec 31, 2017)	-
BORQS TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72200KA2009PTC050460 , India, Active	Jul 23, 2009	$12.2M (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	4496929	Post IPO	5264135	1976807	3674035	3392985
May 16, 2019	9727145	Post IPO	5893202	4055478	1494264	5335830
Mar 13, 2017	1617171	Series E	9259626	7253381	Qualcomm Ventures	Accel

Access funding benchmarks and valuations. Sign up today!

View details of Borqs's funding rounds and investors

Borqs' employee count trend

Borqs has 490 employees as of May 26. Here is Borqs's employee count trend over the years:

Uncover Borqs' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Borqs include PATEO, NNG and Rand McNally. 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	70/100
2nd	Borqs 2007, Santa Clara (United States), Acquired	Developer of cloud and IoT-based embedded software & hardware solutions	$32.6M	Norwest, GSR Ventures & 7 others	64/100
3rd	NNG 2004, Budapest (Hungary), Funding Raised	White label connected car solution focussing on navigation	-	Insight Partners, Europa	50/100
4th	Rand McNally 1856, Chicago (United States), Acquired	Commercial Transportation, Travel & Mobile Resource Management	-	MidCap Financial	49/100
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	Carbit 2014, Beijing (China), Series A	In-vehicle infotainment system providers	$9.16M	-	46/100
7th	Unimax Electronics 2007, Taipei (Taiwan), Unfunded	Provider of in-vehicle infotainment system	-	-	45/100
8th	Foryou Corporation 1993, Huizhou (China), Funding Raised	Automotive electronics and components system supplier specializing in automotive intelligent products	-	China Science & Merchants Investment Management Group, Zhongke China Merchants Investment Management Group ... & 1 others	45/100
9th	Accolade Electronics 2003, Pune (India), Unfunded	Provider of infotainment systems and connected solutions for the automotive industry	-	-	44/100
10th	Psitron 1988, Campinas (Brazil), Unfunded	Manufacturer of in-vehicle infotainment systems & electronics	-	-	43/100