When was Macheen founded?

Macheen was founded in 2010 and raised its 1st funding round within a year of its incorporation.

Where is Macheen located?

Macheen is headquartered in Austin, United States.

How many employees does Macheen have?

As of Jul 01, 2024, the latest employee count at Macheen is 3.

Is Macheen a funded company?

Macheen is a funded company, having raised a total of $23M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 22, 2010.

When was the latest funding round of Macheen?

Macheen's latest funding was a $***** Venture Debt round on Dec 2013, with participation from 1 investor. Its primary sector is Internet of Things Infrastructure. In United States, the Internet of Things Infrastructure sector has seen $204M in funding in 2026 to date.

Where does Macheen rank among its competitors?

Macheen ranks 161st amongst 717 active competitors, of which 94 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was MaintainX, which secured $150M in Mar, 2025.

Who are the top competitors of Macheen?

Macheen's top competitors include Particle, Software AG and Cradlepoint. Among them, MaintainX secured the most recent funding round in March, 2025.

Macheen - 2026 Company Profile, Team, Funding & Competitors

Macheen is an acqui-hired company based in Austin (United States), founded in 2010 by Richard Schwartz, Glenda Akers and James Trotter. It operates as a SaaS customizable mobile broadband and connected services. Macheen has raised $23M in funding from investors like North Bridge Venture Partners, Qualcomm and Mercury Fund. The company has 717 active competitors, including 94 funded and 73 that have exited. Its top competitors include companies like Particle, Software AG and Cradlepoint.

Company Details

Macheen develops a service platform designed to provide retailers and manufacturers internet connectivity with laptop, tablets and other computing devices. It has developed a mobile cloud that provides mobile broadband connectivity to just the applications the user needs for that device such as email, entertainment, security, or specialized education apps allowing them to customize their connectivity without having to buy a comprehensive data plan. Investors include Dell executive and tech investor Tom Meredith, former Microsoft executive Mike Maples apart from Gem Ventures, Mercury Fund, North Bridge and Qualcomm.

Website: macheen.com
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Key Metrics

Founded Year

2010

Location

Austin, United States

Stage

Acqui-Hired

Total Funding

$23M in 4 rounds

Latest Funding Round

Venture Debt, Dec 2013, $*****

Investors

North Bridge Venture Partners & 3 more

Ranked

161^st among 717 active competitors

Employee Count

3 as on Jul 01, 2024

Similar Companies

Cradlepoint & 298 more

View Macheen's full profile

Macheen is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Macheen, Inc. CIN: 271815994 , United States, Active	Dec 31, 1999	-	-	-

Macheen has raised a total funding of $23M over 4 rounds. Its first funding round was on Apr 22, 2010. Its latest funding round was a Venture Debt round on Dec 2013 for $*****. 1 investor participated in its latest round. Macheen has 4 institutional investors.

Here is the list of recent funding rounds of Macheen:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 2013	5535622	Venture Debt	9737394	9225940	2674236	3143808
Nov 28, 2012	5091353	Series C	4854943	7928370	7571593	7302293
Jun 15, 2011	2850371	Series B	9690903	8849387	North Bridge Venture Partners	Mercury Fund

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View details of Macheen's funding rounds and investors

The founders of Macheen are Richard Schwartz, Glenda Akers and James Trotter.

Here are the details of Macheen's key team members:

Richard Schwartz: Co-Founder, President & CEO of Macheen.
Glenda Akers: Co-Founder & VP Products of Macheen.
James Trotter: Founder and VP of Sales and Business Development of Macheen.

View details of Macheen's Founder profiles and Board Members

Macheen's employee count trend

Macheen has 3 employees as of Jul 24. Here is Macheen's employee count trend over the years:

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Top competitors of Macheen include Particle, Software AG and Cradlepoint. Here is the list of Top 10 competitors of Macheen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Particle 2011, San Francisco (United States), Acquired	Developer of a prototype to production connectivity platform for IoT	$135M	Root Ventures, Qualcomm Ventures & 20 others	78/100
2nd	Software AG 1969, Darmstadt (Germany), Acquired	Provider of digital transformation solutions, services, and enterprise application products	-	Silver Lake, EIP & 3 others	77/100
3rd	Cradlepoint 2004, Boise (United States), Acquired	Provider of wireless wide area network and private cellular solutions	$155M	TCV, OVP Venture Partners & 9 others	77/100
4th	PTC 1985, Boston (United States), Public	Provider of software for product lifecycle management, CAD, IoT, and service	-	Bessemer Venture Partners, Oak Investment Partners ... & 2 others	76/100
5th	Ayla Networks 2010, Milpitas (United States), Series D	Provider of an IoT platform for smart home and device solutions	$144M	IFC, Cisco Investments & 20 others	73/100
6th	MaintainX 2018, San Francisco (United States), Series D	Provider of a platform for maintenance and operations management solutions	$254M	Bessemer Venture Partners, Bain Capital Ventures ... & 30 others	69/100
7th	Silicon Labs 1996, Austin (United States), Acquired	Developer of wireless and non-wireless technologies, software, tools, and services	-	Silverton Partners, CenterPoint Ventures & 5 others	68/100
8th	Actility 2010, Paris (France), Acquired	Provider of IoT platform for LPWAN networks and device management	$122M	Ginko Ventures, Foxconn Electronics & 17 others	67/100
9th	IDEMIA 2007, Courbevoie (France), Funding Raised	Provider of biometric and cryptographic solutions for secure transactions and identities	-	Bpifrance, Advent International & 1 others	66/100
10th	Relayr 2013, Berlin (Germany), Acquired	Provider of middleware and IoT solutions for enterprises	$86.2M	DTCP, Kleiner Perkins & 20 others	65/100
161st	Macheen 2010, Austin (United States), Acqui-Hired	SaaS customizable mobile broadband and connected services	$23M	Qualcomm, GemVentures & 2 others	31/100