Northern.tech - About the company
Northern.tech is a seed company based in Oslo (Norway), founded in 2017 by Thomas Ryd, Eystein Maloy Stenberg and Nick Anderson. It operates as a Developer of software for managing connected device lifecycles and security. Northern.tech has raised $2.5M in funding. The company has 699 active competitors, including 81 funded and 51 that have exited. Its top competitors include companies like Memfault, ScaleOps and Swarm Engineering.
Company Details
Developer of software for managing connected device lifecycles and security. Products include tools for server configuration management, over-the-air software updates for embedded systems, and remote access solutions for troubleshooting fleets of connected hardware. These technologies facilitate the deployment, maintenance, and security of systems throughout their operational lifespan. The software supports automated configuration, compliance monitoring, and secure remote connectivity for various industrial and embedded applications.
- Website
- northern.tech
- Email ID
- *****@Northern.tech
- Registered Address
- Gaustadalléen 21 0349 OSLO
Key Metrics
Founded Year
2017
Location
Oslo, Norway
Stage
Seed
Total Funding
$2.5M in 3 rounds
Latest Funding Round
Investors
Ranked
21st among 699 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
51 as on Apr 30, 2026
Legal entities associated with Northern.tech
Northern.tech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Northern.tech AS CIN: 892847282 , United States, Active | Jun 29, 2008 | $1M - $10M (As on Dec 31, 2022) | 15 (As on Dec 31, 2021) | - |
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Northern.tech's funding and investors
Northern.tech has raised a total funding of $2.5M over 3 rounds. Its first funding round was on Dec 04, 2017. Its latest funding round was a Grant (prize money) round on Aug 31, 2020 for $*****. 1 investor participated in its latest round. Northern.tech has 5 institutional investors.
Here is the list of recent funding rounds of Northern.tech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 31, 2020 | 8124457 | Grant (prize money) | 6313409 | 3684041 | 8617534 | 3203628 |
Sep 01, 2018 | 4033659 | Grant (prize money) | 7815072 | 6240047 | 3709024 | |
Dec 04, 2017 | 4439976 | Seed | 6960960 | 1465644 | 3034445 |
View details of Northern.tech's funding rounds and investors
Northern.tech's founders and board of directors
Founder? Claim ProfileThe founders of Northern.tech are Thomas Ryd, Eystein Maloy Stenberg and Nick Anderson. Thomas Ryd is the CEO of Northern.tech.
Here are the details of Northern.tech's key team members:
- Thomas Ryd: Co-Founder & CEO of Northern.tech. Contact Info: 2 email addresses
- Eystein Maloy Stenberg: Co-Founder & CTO of Northern.tech.
- Nick Anderson: Co-Founder of Northern.tech. Contact Info: 1 email address
View details of Northern.tech's Founder profiles and Board Members
Northern.tech's employee count trend
Northern.tech has 51 employees as of Apr 26. Here is Northern.tech's employee count trend over the years:
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Northern.tech's Competitors and alternates
Top competitors of Northern.tech include Memfault, ScaleOps and Swarm Engineering. Here is the list of Top 10 competitors of Northern.tech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Memfault 2015, San Francisco (United States), Acquired | Provider of an embedded observability platform for IoT monitoring and updates | $35M | 63/100 | |
2nd | ScaleOps 2022, New York City (United States), Series C | Provider of automated Kubernetes resource optimization platform for cloud infrastructure | $210M | 62/100 | |
3rd | Swarm Engineering 2016, San Juan Capistrano (United States), Series A | Developer of an AI platform for operational decision-making and automation | $28.3M | 62/100 | |
4th | Afero 2014, Los Altos (United States), Series C | Provider of a cloud-based end-to-end IoT platform | $73.2M | 62/100 | |
5th | SEALSQ 2022, Cointrin (Switzerland), Public | Manufacturer of semiconductor chips, embedded firmware, and other products | - | - | 62/100 |
6th | Resolve 2014, Campbell (United States), Series B | Developer of an agentic automation and orchestration platform for IT | $15.6M | 61/100 | |
7th | Provider of application configuration management solution | $70M | 61/100 | ||
8th | AtomBeam 2017, Moraga (United States), Series A | A data management and security company specializing in edge computing | $35M | 60/100 | |
9th | Zipit Wireless 2007, Greenville (United States), Acquired | IoT connectivity and subscription billing platform for global cellular solutions | $12.9M | 60/100 | |
10th | Karamba Security 2016, Hod Hasharon (Israel), Series B | Platform offering cybersecurity solutions for vehicles | $27M | 59/100 | |
21st | Northern.tech 2017, Oslo (Norway), Seed | Developer of software for managing connected device lifecycles and security | $2.5M | 53/100 |
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Northern.tech's Investments and acquisitions
Northern.tech has made no investments or acquisitions yet.
Reports related to Northern.tech
Here is the latest report on Northern.tech's sector:
News related to Northern.tech
Media has covered Northern.tech for 1 event in last 1 year, It was about company updates.
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