Mode - About the company
Mode is an acqui-hired company based in San Francisco (United States), founded in 2013 by Nithin Michael and Kevin Tang. It operates as a SD-WAN, UC and Ultra Low Latency optimizing solution. Mode has raised $44.6M in funding from investors like New Enterprise Associates, Google Ventures and Microsoft Accelerator. The company has 199 active competitors, including 35 funded and 39 that have exited. Its top competitors include companies like Netskope, Cradlepoint and Cato Networks.
Company Details
Mode provides a solution to power an SD-WAN, Cloud access, Unified Communications (UC), and Ultra-Low Latency applications. Provides a software-defined core network (SD-CORE) built around real-time network control. It enhances an enterprise WAN by providing reliable QoS connectivity along with cloud elasticity and business-internet pricing. Also offers a carrier-grade cloud private network as a service.
- Website
- mode.net
- Email ID
- *****@mode.net
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$44.6M in 8 rounds
Latest Funding Round
Investors
Ranked
46th among 199 active competitors
Employee Count
1 as on May 31, 2026
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Mode's funding and investors
Mode has raised a total funding of $44.6M over 8 rounds. Its first funding round was on Nov 05, 2015. Its latest funding round was a Series B round on Oct 04, 2018 for $*****. 1 investor participated in its latest round. Mode has 7 institutional investors.
Here is the list of recent funding rounds of Mode:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 04, 2018 | 5535794 | Series B | 7834473 | 9849466 | 7022603 | 5755501 |
Jun 07, 2018 | 5359102 | Grant (prize money) | 6749287 | 8573751 | 1640961 | |
Jun 07, 2018 | 3007807 | Series B | 8045012 | 6751977 | 5241340 |
View details of Mode's funding rounds and investors
Mode's founders and board of directors
Founder? Claim ProfileHere are the details of Mode's key team members:
- Nithin Michael: Co-Founder of Mode and founder of 1 other company. Contact Info: 1 email address
- Kevin Tang: Co-Founder of Mode.
- Paul Dawes: CEO of Mode.
View details of Mode's Founder profiles and Board Members
Mode's employee count trend
Mode has 1 employees as of May 26. Here is Mode's employee count trend over the years:
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Mode's Competitors and alternates
Top competitors of Mode include Netskope, Cradlepoint and Cato Networks. Here is the list of Top 10 competitors of Mode, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Netskope 2012, Santa Clara (United States), Public | Cloud security platform for enterprises | $1.44B | 79/100 | |
2nd | Cradlepoint 2004, Boise (United States), Acquired | Provider of wireless wide area network and private cellular solutions | $155M | 77/100 | |
3rd | Cato Networks 2015, Tel Aviv (Israel), Series G | Provider of converged network security solutions with threat prevention capabilities | $1.16B | 76/100 | |
4th | Enterprise SD WAN network management solutions provider | - | 73/100 | ||
5th | Aryaka Networks 2009, San Mateo (United States), Series F | Provider of unified secure access service edge and software-defined wide area network | $192M | 72/100 | |
6th | Silver Peak 2004, Santa Clara (United States), Acquired | Cloud-based SD-WAN solutions provider | $270M | 66/100 | |
7th | Riverbed 2002, San Francisco (United States), Acquired | Provider of a platform for enterprise WAN optimization and application performance monitoring | $56.6M | 65/100 | |
8th | Perimeter 81 2018, New York City (United States), Acquired | Provider of network security solutions | $165M | 65/100 | |
9th | Versa Networks 2012, Cupertino (United States), Series D | Provider of secure access service edge (SASE) and SD-WAN solutions | $316M | 64/100 | |
10th | Zenlayer 2014, Diamond Bar (United States), Series C | Provider of distributed cloud infrastructure, networking, and connectivity solutions | $90M | 63/100 | |
46th | Mode 2013, San Francisco (United States), Acqui-Hired | SD-WAN, UC and Ultra Low Latency optimizing solution | $44.6M | 37/100 |
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Mode's Investments and acquisitions
Mode has made no investments or acquisitions yet.
News related to Mode
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Versa Networks Partners with Mode to Enhance Flexibility and Reliability of Enterprise WANsPR Newswire•Sep 25, 2018•Versa Networks, Mode, Mode
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SD-WAN Startup’s Routing System Runs on Tech Created at Cornell UniversitySDxCentral•Aug 14, 2018•Mode, Ericsson
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Mode fashions $16m investmentGlobal Corporate Venturing•Jun 11, 2018•Mode, Google Ventures, New Enterprise Associates, shop mode fashion
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