Mist Systems - About the company
Mist Systems is an acquired company based in Cupertino (United States), founded in 2014 by Brett Galloway and Bob Friday. It operates as a Cloud-based analytics platform for Wireless network solutions. Mist Systems has raised $103M in funding from Kleiner Perkins. The company has 17 active competitors, including 8 funded and 4 that have exited. Its top competitors include companies like Nexthop AI, Mojo Networks and Prosimo.
Company Details
Mist is focused on delivering the next generation of intelligent wireless network products, leveraging microservices & data science. The Mist Network continuously streams data from its hardware to the cloud, analyzes this data in real-time, and pro-actively adjusts the network to deliver better performance, stability, and user experiences. It is a network that effectively fixes itself while delivering unprecedented insights into users, devices, and location behaviors. It automatically connects to any of its networks and uses a technology called virtual Bluetooth Low Energy (vBLE) to track your location and send any apps or information that might be the applicable situation. Mist’s machine learning, the system dynamically captures PCAP files whenever issues are detected with user connections, performance, and application experiences.
- Website
- mist.com
Key Metrics
Founded Year
2014
Location
Cupertino, United States
Stage
Acquired
Total Funding
$103M in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among 17 active competitors
Employee Count
78 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Juniper Networks (Mar 04, 2019)
Legal entities associated with Mist Systems
Mist Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Mist Systems, Inc. CIN: 20171196422 , United States, Deadpooled | Mar 10, 2017 | - | - | - |
Mist Systems, Inc. CIN: 465699387 , United States, Active | - | 116 (As on Dec 31, 2018) | - |
Mist Systems's acquisition details
Mist Systems got acquired by Juniper Networks on Mar 04, 2019 at an acquisition amount of $*****.
Click here to take a look at Mist Systems's acquisition in detail
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Mist Systems's funding and investors
Mist Systems has raised a total funding of $103M over 6 rounds. Its first funding round was on Nov 11, 2014. Its latest funding round was a Conventional Debt round on Mar 02, 2018 for $*****. 1 investor participated in its latest round. Mist Systems has 9 institutional investors.
Here is the list of recent funding rounds of Mist Systems:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 02, 2018 | 1550987 | Conventional Debt | 4292888 | 4853723 | 6020598 | 8398210 |
Feb 28, 2018 | 1049151 | Series C | 1445639 | 6831140 | 3735861 | |
Oct 11, 2016 | 4228986 | Series B | 3309218 | 9565351 | 5704314 |
View details of Mist Systems's funding rounds and investors
Mist Systems' founders and board of directors
Founder? Claim ProfileThe founders of Mist Systems are Brett Galloway and Bob Friday.
Here are the details of Mist Systems' key team members:
- Brett Galloway: Former Co-Founder & Chairman of Mist Systems and founder of 2 other companies, MosaixSoft and Packeteer. They serve on the board of 1 company.
- Bob Friday: CTO / Co-Founder of Mist Systems.
View details of Mist Systems's Founder profiles and Board Members
Mist Systems' employee count trend
Mist Systems has 78 employees as of Aug 26. Here is Mist Systems's employee count trend over the years:
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Mist Systems's Competitors and alternates
Top competitors of Mist Systems include Nexthop AI, Mojo Networks and Prosimo. Here is the list of Top 10 competitors of Mist Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nexthop AI 2024, Santa Clara (United States), Series B | AI infrastructure for cloud infrastructure | $610M | 58/100 | |
2nd | Mist Systems 2014, Cupertino (United States), Acquired | Cloud-based analytics platform for Wireless network solutions | $103M | 56/100 | |
3rd | Mojo Networks 2002, Mountain View (United States), Acqui-Hired | Cloud-managed WiFi access solution provider | $103M | 49/100 | |
4th | Prosimo 2019, Santa Clara (United States), Series B | Developer of a platform delivering multi-cloud networking, security, and cost management | $55M | 47/100 | |
5th | Unitas Global 2009, Los Angeles (United States), Series B | Cloud networking platform for enterprises | $23M | 45/100 | |
6th | PowerCloud Systems 2010, Palo Alto (United States), Acquired | Cloud storage solutions for secure, accessible digital data management | $6M | 40/100 | |
7th | Bluesocket 1999, Burlington (United States), Acqui-Hired | Networking and connectivity solutions provider for modern communication infrastructure | $27M | 39/100 | |
8th | ![]() Niral Network 2019, Bengaluru (India), Unfunded | Provider of cloud-native 5G edge networking solutions for enterprises | - | - | 36/100 |
9th | Phenomenon Array 2020, Shanghai (China), Series A | Developer of cloud and edge-based IoT platforms and devices | $14.9M | 34/100 | |
10th | Relay2 2011, Milpitas (United States), Series D | Cloud Wi-Fi services | $13.5M | 34/100 |
Looking for more details on Mist Systems's competitors? Click here to see the top ones
Mist Systems's Investments and acquisitions
Mist Systems has made no investments or acquisitions yet.
Reports related to Mist Systems
Here is the latest report on Mist Systems's sector:
News related to Mist Systems
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Juniper Networks on the Importance of AI in NetworkingeWEEK•Feb 26, 2021•Juniper Networks, Mist Systems
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Juniper Networks announces expansions to its Juniper AI-Driven EnterpriseChannel Post Middle East & Africa•Aug 04, 2020•Juniper Networks, Mist Systems
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Ingram Micro to distribute Mist Systems products in BrazilTelecompaper•May 28, 2020•Ingram Micro, Mist Systems
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Transports Vervaeke Leverages AI-Driven Network from Juniper Mist to Streamline Operations and Improve Employee EfficiencyThe New York Times•Apr 15, 2020•Vervaeke, Juniper Networks, Mist Systems
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Juniper Networks Introduces Mist Premium Analytics Service to Provide Actionable Business Insights Across Network, Security and Location DomainsThe New York Times•Mar 24, 2020•Juniper Networks, Mist Systems
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Juniper Networks Expands Connected Security Portfolio with Encrypted Traffic Analysis for Juniper Advanced Threat Prevention and SecIntel for Mist WirelessThe New York Times•Feb 24, 2020•Juniper Networks, Mist Systems
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Juniper adds encrypted traffic analysis for firewallsTelecompaper•Feb 24, 2020•Juniper Networks, Mist Systems
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