LM Technologies - About the company
LM Technologies is a seed company based in London (United Kingdom), founded in 2004 by Michael Sims. It operates as an Enterprise Wi-Fi connectivity management solutions provider. LM Technologies has raised $1.8M in funding from Mercia and The Advantage Early Growth Fund. The company has 716 active competitors, including 39 funded and 78 that have exited. Its top competitors include companies like Helium, Inseego and TP-Link.
Company Details
LM Technologies is an enterprise Wi-Fi connectivity management solutions provider. Provides designs, develops, and manufactures Wireless Modules and Adapters, enabling the Internet of Things. The product line covers both Bluetooth and Wifi based. Also provides HCI-based Modules and USB Adapters supported by Realtek and Cypress chipsets. Serves industries including EPOS, medical, industrial automation, weighing, building, and home automation.
- Website
- www.lm-technologies.com/
- Social
- Email ID
- *****@lm-technologies.com
- Phone Number
- +44 **********
Key Metrics
Founded Year
2004
Location
London, United Kingdom
Stage
Seed
Total Funding
$1.8M in 2 rounds
Latest Funding Round
Ranked
110th among 716 active competitors
Employee Count
10 as on Dec 31, 2021
Legal entities associated with LM Technologies
LM Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LM Technologies Ltd CIN: 5303785 , Germany, Active | Dec 02, 2004 | - | 10 (As on Dec 31, 2021) |
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LM Technologies's funding and investors
LM Technologies has raised a total funding of $1.8M over 2 rounds. Its first funding round was on Nov 10, 2008. Its latest funding round was a Seed round on Jul 06, 2015 for $*****. 1 investor participated in its latest round. LM Technologies has 2 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of LM Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 06, 2015 | 4371640 | Seed | 9935579 | 3336057 | 6900106 | 9911692 |
Nov 10, 2008 | 2083719 | Seed | 6075206 | 8070407 | 2208804 |
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LM Technologies' founders and board of directors
Founder? Claim ProfileThe founders of LM Technologies is Michael Sims.
Here are the details of LM Technologies' key team members:
- Michael Sims: Founder & MD of LM Technologies. They serve on the board of 1 company.
View details of LM Technologies's Founder profiles and Board Members
LM Technologies' employee count trend
LM Technologies has 10 employees as of Dec 21. The total employee count is 9.0% lower than what it was in Dec 20. Here is LM Technologies's employee count trend over the years:
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LM Technologies's Competitors and alternates
Top competitors of LM Technologies include Helium, Inseego and TP-Link. Here is the list of Top 10 competitors of LM Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Helium 2006, San Francisco (United States), Series D | Hardware mining solutions for cryptocurrency | $370M | 69/100 | |
2nd | Inseego 1985, San Diego (United States), Public | Provider of an IoT networking hardware and device management platform | $64.3M | 68/100 | |
3rd | Manufacturer of networking equipment, smart home devices, and surveillance solutions | - | - | 63/100 | |
4th | Boingo Wireless 2001, Los Angeles (United States), Acquired | Provider of wireless WiFi internet services | $94.7M | 63/100 | |
5th | Celona 2019, Campbell (United States), Series C | Cloud-based wifi infrastructure connectivity management software provider | $135M | 63/100 | |
6th | AMPLIFi 2016, San Jose (United States), Unfunded | Enterprise WiFi Mesh technology provider | - | - | 62/100 |
7th | WeLink 2011, San Jose (United States), Series A | Provider of internet services | $185M | 62/100 | |
8th | App for quickly connecting to wifi hotspots without a password | $62.6M | 62/100 | ||
9th | Provider of digital infrastructure and connectivity solutions for businesses and institutions | $141M | 59/100 | ||
10th |  Anuvu 2014, Santa Ana (United States), Acquired | Provider of broadband internet services to passengers | $50M | 57/100 | |
110th |  LM Technologies 2004, London (United Kingdom), Seed | Enterprise Wi-Fi connectivity management solutions provider | $1.8M | 31/100 |
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LM Technologies's Investments and acquisitions
LM Technologies has made no investments or acquisitions yet.
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