FreeWave - About the company
FreeWave is a funded company based in Boulder (United States), founded in 1993. It operates as an Industrial IoT solutions connecting edge devices for data-driven insights. The company has 696 active competitors, including 53 funded and 45 that have exited. Its top competitors include companies like Blaize, AspenTech and UnaBiz.
Company Details
Industrial IoT solutions connecting edge devices for data-driven insights. The company specializes in providing robust and reliable connectivity solutions for industrial environments. They offer a comprehensive suite of connected devices, including radios, edge computing gateways, and sensors, designed to operate in challenging conditions. Their IIoT Data Platform enables real-time data processing, analytics, and management, empowering businesses to make informed decisions and optimize operations. The company focuses on bringing data from the edge to the enterprise, facilitating cost savings, productivity improvements, and enhanced operational efficiency. They cater to B2B clients seeking to leverage IoT technology for remote monitoring, workflow management, and data-driven decision-making. Their offerings include hardware, software, and platform solutions, positioning them as a key player in the Industrial IoT landscape.
- Website
- www.freewave.com/
Key Metrics
Founded Year
1993
Location
Boulder, United States
Stage
Funding Raised
Investors
Ranked
119th among 696 active competitors
Employee Count
110 as on Aug 31, 2026
Investment & Acquisitions
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FreeWave's funding and investors
FreeWave is a funded company. FreeWave has 1 institutional investor.
View details of FreeWave's funding rounds and investors
FreeWave's founders and board of directors
Founder? Claim ProfileFreeWave's employee count trend
FreeWave has 110 employees as of Aug 26. Here is FreeWave's employee count trend over the years:
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FreeWave's Competitors and alternates
Top competitors of FreeWave include Blaize, AspenTech and UnaBiz. Here is the list of Top 10 competitors of FreeWave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blaize 2010, El Dorado Hills (United States), Public | Developer of hardware and software solutions optimizing artificial intelligence applications | $136M | 76/100 | |
2nd | AspenTech 1981, Bedford (United States), Acquired | Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions | $100M | 73/100 | |
3rd | Provider of IoT solutions for utilities, asset, and facilities management | $85M | 66/100 | ||
4th | Provider of real-time location services platform for healthcare operational predictability | $55.8M | 65/100 | ||
5th | Axelera AI 2021, Eindhoven (Netherlands), Series C | Manufacturer of hardware accelerators and software for artificial intelligence inference | $450M | 64/100 | |
6th | Armada 2016, Boston (United States), Series B | Provider of edge platform combining connectivity, compute, and real-world AI | $457M | 64/100 | |
7th | Echelon 1988, Santa Clara (United States), Acquired | Provides an open-standard embedded platform for IoT Applications | $16M | 64/100 | |
8th | EnCharge 2022, Santa Clara (United States), Series B | Developer of hardware and software for edge-to-cloud artificial intelligence compute | $144M | 63/100 | |
9th | Provider of construction risk mitigation platform integrating IoT and data analytics | $20M | 62/100 | ||
10th | Wind River 1981, Alameda (United States), Acquired | Provider of software for mission-critical intelligent systems across various industries | - | 62/100 | |
119th | FreeWave 1993, Boulder (United States), Funding Raised | Industrial IoT solutions connecting edge devices for data-driven insights | - | 30/100 |
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FreeWave's Investments and acquisitions
FreeWave has acquired ModuSense. FreeWave has not made any investments as of now.Reports related to FreeWave
Here is the latest report on FreeWave's sector:
News related to FreeWave
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New GlobalMeet Chief Executive Officer Appointed by Pivotal GroupBusiness Wire•Jan 23, 2024•Pivotal Group, GlobalMeet, FreeWave
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FreeWave Leverages ORBCOMM’S Satellite IoT Technology To Automate Remote Industrial OperationsIoT Business News•Mar 13, 2023•FreeWave, ORBCOMM
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US IoT specialist FreeWave nabs majority stake in Hamilton-based ModuSenseReseller•Aug 27, 2021•FreeWave, ModuSense
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Crescent Electric Supply Company Announces Distribution Partnership With FreeWave TechnologiesAiThority•Apr 20, 2020•Crescent Electric Supply Company, FreeWave
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FreeWave Technologies Expands Distribution into PhilippinesGlobeNewswire•Dec 16, 2019•FreeWave, Presidium Controls
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FreeWave Technologies to Partner with AUTOSOL to Deliver IIoT Edge SolutionGlobeNewswire•Apr 23, 2019•FreeWave, Autosol
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