When was MTechnologies founded?

MTechnologies was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is MTechnologies located?

MTechnologies is headquartered in Sofia, Bulgaria.

Is MTechnologies a funded company?

MTechnologies is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 18, 2016.

When was the latest funding round of MTechnologies?

MTechnologies' latest funding was a $***** Seed round on Jan 18, 2016, with participation from 1 investor.

Where does MTechnologies rank among its competitors?

MTechnologies ranks 29th amongst 109 active competitors, of which 5 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Data Patterns, which secured an undisclosed amount in Jun, 2021.

Who are the top competitors of MTechnologies?

MTechnologies' top competitors include Data Patterns, Peel and Bond Home. Among them, Data Patterns secured the most recent funding round in June, 2021.

MTechnologies - 2026 Company Profile, Team, Funding & Competitors

MTechnologies is a seed company based in Sofia (Bulgaria), founded in 2013 by Yordan Angelov. It operates as a Provider of systems design, software, hardware and firmware development solutions. MTechnologies has raised an undisclosed amount in funding from WorldStartup. The company has 109 active competitors, including 5 funded and 8 that have exited. Its top competitors include companies like Data Patterns, Peel and Bond Home.

Company Details

MTechnologies is a provider of systems design, software, hardware, and firmware development solutions. The offering of the company includes Mcube, a system for lighting control and heating control. The company also offers microprocessor-based embedded systems, software, and devices for multiple industries such as multimedia, cars, networking, telecom, and wireless.

Website: www.mtechnology.bg/
Email ID: *****@mtechnology.bg
Phone Number: +359 **********

Key Metrics

Founded Year

2013

Location

Sofia, Bulgaria

Stage

Seed

Latest Funding Round

Seed, Jan 18, 2016, $*****

Investors

WorldStartup & 1 more

Ranked

29^th among 109 active competitors

Similar Companies

Data Patterns & 110 more

View MTechnologies' full profile

MTechnologies has raised funding over 1 round. Its latest funding round was a Seed round on Jan 18, 2016 for $*****. 1 investor participated in its latest round. MTechnologies has 2 institutional investors.

Here is the list of recent funding rounds of MTechnologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 18, 2016	4333848	Seed	2053594	6009978	2000732	1062884

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View details of MTechnologies's funding rounds and investors

The founders of MTechnologies is Yordan Angelov.

Here are the details of MTechnologies' key team members:

Yordan Angelov: Founder of MTechnologies.
Contact Info: 1 email address

View details of MTechnologies's Founder profiles and Board Members

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Top competitors of MTechnologies include Data Patterns, Peel and Bond Home. Here is the list of Top 10 competitors of MTechnologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	SIDBI Venture Capital, Yali Capital & 1 others	62/100
2nd	Peel 2009, Mountain View (United States), Series D	Provider of mobile app for controlling TV remotely	$86.7M	Alibaba Group, Harrison Metal & 5 others	61/100
3rd	Bond Home 2016, Cresskill (United States), Acquired	Provider of smart home solutions	-	BIRD Foundation	58/100
4th	Caavo 2015, Milpitas (United States), Series B	Private label brand of universal remote controllers	$34.5M	Time Warner Investments, Sky & 7 others	54/100
5th	Seven Hugs 2013, San Francisco (United States), Acquired	Developer of home automation solutions	$25.8M	Xerys, Kima Ventures & 9 others	49/100
6th	Skreens 2013, Norwood (United States), Funding Raised	SaaS cloud-based video solutions provider	-	Northeastern	46/100
7th	Data I/O 1969, Redmond (United States), Public	Provider of device programming and security provisioning solutions for various industries	-	-	44/100
8th	Unified Remote 2010, Malmo (Sweden), Funding Raised	Applications to control PC and TV remotely	-	-	42/100
9th	NGD Systems 2013, Irvine (United States), Deadpooled	Developer of SSD storage systems	$45M	MIG Capital, Partech Partners & 11 others	41/100
10th	Universal Electric Appliances 2020, United States, Unfunded	Provider of a smart home device automation controller application	-	-	39/100
29th	MTechnologies 2013, Sofia (Bulgaria), Seed	Provider of systems design, software, hardware and firmware development solutions	-	ClimateLaunchpad, WorldStartup	27/100