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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
Social
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Key Metrics
Founded Year
2014
Location
Cupertino, United States
Stage
Acquired
Total Funding
$103M in 6 rounds
Ranked
Employee Count
78 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Juniper Networks (Mar 04, 2019)

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:lockFilter this list
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
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Mist Systems' founders and board of directors

Founder? Claim Profile
The founders of Mist Systems are Brett Galloway and Bob Friday.
Here are the details of Mist Systems' key team 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:
Employee count trend for Mist Systems
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nexthop AI
Nexthop AI
2024, Santa Clara (United States), Series B
AI infrastructure for cloud infrastructure
$610M
58/100
2nd
Logo for Mist Systems
Mist Systems
2014, Cupertino (United States), Acquired
Cloud-based analytics platform for Wireless network solutions
$103M
56/100
3rd
Logo for Mojo Networks
Mojo Networks
2002, Mountain View (United States), Acqui-Hired
Cloud-managed WiFi access solution provider
$103M
49/100
4th
Logo for Prosimo
Prosimo
2019, Santa Clara (United States), Series B
Developer of a platform delivering multi-cloud networking, security, and cost management
$55M
47/100
5th
Logo for Unitas Global
Unitas Global
2009, Los Angeles (United States), Series B
Cloud networking platform for enterprises
$23M
45/100
6th
Logo for PowerCloud Systems
PowerCloud Systems
2010, Palo Alto (United States), Acquired
Cloud storage solutions for secure, accessible digital data management
$6M
40/100
7th
Logo for Bluesocket
Bluesocket
1999, Burlington (United States), Acqui-Hired
Networking and connectivity solutions provider for modern communication infrastructure
$27M
39/100
8th
Logo for Niral Network
Niral Network
2019, Bengaluru (India), Unfunded
Provider of cloud-native 5G edge networking solutions for enterprises
-
-
36/100
9th
Logo for Phenomenon Array
Phenomenon Array
2020, Shanghai (China), Series A
Developer of cloud and edge-based IoT platforms and devices
$14.9M
34/100
10th
Logo for Relay2
Relay2
2011, Milpitas (United States), Series D
Cloud Wi-Fi services
$13.5M
34/100
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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

lockFilter this list
•
Juniper Networks updates AIOpsLight Reading•May 17, 2023•Juniper Networks, Mist Systems, Marvis
•
Juniper, Mist revamps partner programCRN Australia•Nov 18, 2020•Juniper Networks, Mist Systems
•
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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