NetMotion - About the company
NetMotion is an acquired company based in Seattle (United States), founded in 2001 by Christopher Kenessey. It operates as a Mobile security and enterprise VPN solutions provider. NetMotion has raised $24.7M in funding from investors like SilverHaze Partners, Fluke Venture Partners and Attachmate, with last known valuation of $*****. The company has 1132 active competitors, including 51 funded and 64 that have exited. Its top competitors include companies like Netskope, Cato Networks and Tailscale.
Company Details
NetMotion Software provides mobile security and enterprise VPN solutions. Solutions include mobile performance management, mobile VPN software, secure remote access for enterprises. Provides a scalable connection and application-aware and hardware-based VPN solution designed for office, home, or remote location users. Provides visualization tools to manage large workforces from a centralized management console. Use cases include easy scalability for businesses, sharing data, network security, and streamlining device management. The company was acquired by Clearlake Capital Group in 2012 which it sold again sold to The Carlyle Group.
- Website
- www.netmotionsoftware.com
- Social
- Email ID
- *****@netmotionsoftware.com
- Phone Number
- +1 **********
- Registered Address
- Seattle, Washington
Key Metrics
Founded Year
2001
Location
Seattle, United States
Stage
Acquired
Total Funding
$24.7M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 11, 2021
Investors
Ranked
143rd among 1132 active competitors
Employee Count
1 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Absolute Software (May 11, 2021)
Legal entities associated with NetMotion
NetMotion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NETMOTION WIRELESS CIN: 912111906 , United States, Active | Dec 31, 1999 | - | 126 (As on Dec 31, 2021) | - |
NetMotion's acquisition details
NetMotion got acquired by Absolute Software on May 11, 2021 at an acquisition amount of $*****.
Click here to take a look at NetMotion's acquisition in detail
Sign up to download NetMotion's company profile
NetMotion's funding and investors
NetMotion has raised a total funding of $24.7M over 5 rounds. Its first funding round was on Aug 03, 2001. NetMotion has 11 institutional investors.
Here is the list of recent funding rounds of NetMotion:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2016 | 8756928 | Conventional Debt | 3625443 | 1763881 | 9781972 | 8017221 |
2005 | 7869 | Series B | 1630 | 2488 | 7104 | 9972 |
Jul 30, 2004 | 9513735 | Series B | 5908892 | 8483145 | 1981677 | 7462855 |
Access funding benchmarks and valuations. Sign up today!View details of NetMotion's funding rounds and investors
NetMotion's founders and board of directors
Founder? Claim ProfileThe founders of NetMotion is Christopher Kenessey.
Here are the details of NetMotion's key team members:
- Christopher Kenessey: Co-founder and Chief Strategy Officer of NetMotion.
View details of NetMotion's Founder profiles and Board Members
NetMotion's employee count trend
NetMotion has 1 employees as of Aug 26. Here is NetMotion's employee count trend over the years:
Uncover NetMotion's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
NetMotion's Competitors and alternates
Top competitors of NetMotion include Netskope, Cato Networks and Tailscale. Here is the list of Top 10 competitors of NetMotion, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | Cato Networks 2015, Tel Aviv (Israel), Series G | Provider of converged network security solutions with threat prevention capabilities | $1.16B | 75/100 | |
3rd | VPN solutions based on wireguard protocol | $275M | 72/100 | ||
4th | Aryaka 2009, Santa Clara (United States), Series F | Provider of unified secure access service edge and software-defined wide area network | $192M | 72/100 | |
5th | Express Vpn 2009, Milton Keynes (United Kingdom), Acquired | Provider of SaaS based personal VPN | - | - | 71/100 |
6th | Riverbed 2002, San Francisco (United States), Acquired | Provider of a platform for enterprise WAN optimization and application performance monitoring | $56.6M | 67/100 | |
7th | AI based platform for security of mobile devices | $9M | 66/100 | ||
8th | Cradlepoint 2004, Boise (United States), Acquired | Provider of wireless wide area network and private cellular solutions | $155M | 65/100 | |
9th | Enterprise SD WAN network management solutions provider | - | 65/100 | ||
10th | Versa Networks 2012, Cupertino (United States), Series D | Provider of secure access service edge (SASE) and SD-WAN solutions | $316M | 64/100 | |
143rd | NetMotion 2001, Seattle (United States), Acquired | Mobile security and enterprise VPN solutions provider | $24.7M | 40/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on NetMotion's competitors? Click here to see the top ones
NetMotion's Investments and acquisitions
NetMotion has acquired Broadbeam. NetMotion has not made any investments as of now.Reports related to NetMotion
Here is the latest report on NetMotion's sector:
News related to NetMotion
Filter this list•
Carlyle leads $55m Series B round in cybersecurity platformPrivate Equity Wire•Jan 11, 2023•The Carlyle Group, 1E, Eggplant, ManTech and 6 others
•
Impinj Hires Christina Balam as Vice President of Human ResourcesRad AI•Mar 30, 2022•Impinj, NetMotion
•
•
Absolute Software Completes SOC 2 Type 1 Certification for NetMotion PlatformBusiness Wire•Feb 28, 2022•Absolute Software, NetMotion
•
Absolute Enables Customers’ Shift to Work-from-Anywhere With the Industry’s First Self-Healing Zero Trust PlatformBusiness Wire•Oct 27, 2021•NetMotion, Absolute Software
•
Radiant Logic Expands Executive Team with Appointment of New Chief Financial OfficerBusiness Wire•Oct 20, 2021•Radiant Logic, NetMotion
•
NetMotion by Absolute Appoints Cloud Distribution as UK Distributor for new Two-Tier ChannelRealWire•Sep 28, 2021•Cloud Distribution, NetMotion
•
Absolute Software Completes Acquisition of NetMotion to Deliver the Next Generation of Endpoint ResilienceBusiness Wire•Jul 01, 2021•Absolute Software, NetMotion, The Carlyle Group
•
Absolute Software to buy NetMotion Software from CarlylePE Hub•May 17, 2021•Absolute Software, NetMotion
•
NetMotion Announces Global Availability of SASE PlatformPRWeb•Dec 01, 2020•NetMotion, Microsoft Azure
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about NetMotion
Explore our recently published companies
- Sraml - Slovenia based, 1993 founded, Unfunded company
- Endless - Sabadell based, 2015 founded, Unfunded company
- LiveMax - Minato based, 1998 founded, Unfunded company
- Vincent Minichiello - United States based, 2023 founded, Unfunded company
- NeuroSport Physical Therapy - South Pasadena based, 2017 founded, Unfunded company
- Kiscol Grands - Coimbatore based, Unfunded company
