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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.
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Key Metrics
Founded Year
1993
Location
Boulder, United States
Stage
Funding Raised
Investors
Ranked
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.

FreeWave's founders and board of directors

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FreeWave's employee count trend

FreeWave has 110 employees as of Aug 26. Here is FreeWave's employee count trend over the years:
Employee count trend for FreeWave
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Blaize
Blaize
2010, El Dorado Hills (United States), Public
Developer of hardware and software solutions optimizing artificial intelligence applications
$136M
76/100
2nd
Logo for AspenTech
AspenTech
1981, Bedford (United States), Acquired
Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions
$100M
73/100
3rd
Logo for UnaBiz
UnaBiz
2016, Singapore (Singapore), Series B
Provider of IoT solutions for utilities, asset, and facilities management
$85M
66/100
4th
Logo for Kontakt
Kontakt
2013, Krakow (Poland), Series C
Provider of real-time location services platform for healthcare operational predictability
$55.8M
65/100
5th
Logo for Axelera AI
Axelera AI
2021, Eindhoven (Netherlands), Series C
Manufacturer of hardware accelerators and software for artificial intelligence inference
$450M
64/100
6th
Logo for Armada
Armada
2016, Boston (United States), Series B
Provider of edge platform combining connectivity, compute, and real-world AI
$457M
64/100
7th
Logo for Echelon
Echelon
1988, Santa Clara (United States), Acquired
Provides an open-standard embedded platform for IoT Applications
$16M
64/100
8th
Logo for EnCharge
EnCharge
2022, Santa Clara (United States), Series B
Developer of hardware and software for edge-to-cloud artificial intelligence compute
$144M
63/100
9th
Logo for Brickeye
Brickeye
2013, Toronto (Canada), Acquired
Provider of construction risk mitigation platform integrating IoT and data analytics
$20M
62/100
10th
Logo for Wind River
Wind River
1981, Alameda (United States), Acquired
Provider of software for mission-critical intelligent systems across various industries
-
62/100
119th
Logo for FreeWave
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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•
Inmarsat Announces FreeWave as Partner for Global IoTTullahoma News•May 18, 2023•Inmarsat, FreeWave
•
Boulder’s FreeWave forms new board of directorsBizWest•Jul 09, 2019•FreeWave
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