Particle - About the company
Particle is an acquired company based in San Francisco (United States), founded in 2011 by Zachary Crockett and Zach Supalla. It operates as a Developer of a prototype to production connectivity platform for IoT. Particle has raised $135M in funding from investors like Root Ventures, O'Reilly AlphaTech Ventures and Qualcomm Ventures, with last known valuation of $*****. The company has 1230 active competitors, including 161 funded and 108 that have exited. Its top competitors include companies like Software AG, PTC and Silicon Labs.
Company Details
Developer of a prototype to production connectivity platform for IoT. Its Photon Wi-Fi and the Electron 2G3G cellular are primary prototyping platforms for integrating connectivity into devices. The product is primarily aimed at designers and developers rather than at enterprises.
- Website
- www.particle.io/
- Social
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2011
Location
San Francisco, United States
Stage
Acquired
Total Funding
$135M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 25, 2019
Investors
Ranked
1st among 1230 active competitors
Employee Count
117 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Digi International (Jan 27, 2026)
Legal entities associated with Particle
Particle is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PARTICLE INDUSTRIES, INC CIN: 453859034 , United States, Active | Dec 31, 2011 | - | 62 (As on Dec 31, 2024) | - |
Particle's acquisition details
Particle got acquired by Digi International on Jan 27, 2026.
Click here to take a look at Particle's acquisition in detail
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Particle's funding and investors
Particle has raised a total funding of $135M over 8 rounds. Its first funding round was on Jul 11, 2014. Particle has 22 institutional investors.
Here is the list of recent funding rounds of Particle:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 13, 2025 | 4671451 | Series C | 5892673 | 5293399 | 8786184 | 6899098 |
Dec 09, 2022 | 3159290 | Series C | 3443635 | 5894291 | 4253063 | 1648493 |
Nov 19, 2021 | 8365276 | Series C | 7536410 | 4620857 | 9942794 | 8198543 |
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Particle's founders and board of directors
Founder? Claim ProfileThe founders of Particle are Zachary Crockett and Zach Supalla. Zach Supalla is the CEO of Particle.
Here are the details of Particle's key team members:
- Zachary Crockett: Former Co-Founder & CTO of Particle and founder of 1 other company. Contact Info: 2 email addresses
- Zach Supalla: Co-Founder & CEO of Particle. Contact Info: 1 email address
View details of Particle's Founder profiles and Board Members
Particle's employee count trend
Particle has 117 employees as of Mar 26. Here is Particle's employee count trend over the years:
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Particle's Competitors and alternates
Top competitors of Particle include Software AG, PTC and Silicon Labs. Here is the list of Top 10 competitors of Particle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Particle 2011, San Francisco (United States), Acquired | Developer of a prototype to production connectivity platform for IoT | $135M | 78/100 | |
2nd |  Software AG 1969, Darmstadt (Germany), Acquired | Provider of digital transformation solutions, services, and enterprise application products | - | 77/100 | |
3rd |  PTC 1985, Boston (United States), Public | Provider of software for product lifecycle management, CAD, IoT, and service | - | 77/100 | |
4th |  Silicon Labs 1996, Austin (United States), Acquired | Developer of wireless and non-wireless technologies, software, tools, and services | - | 76/100 | |
5th | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
6th | Ayla Networks 2010, Milpitas (United States), Series D | Provider of an IoT platform for smart home and device solutions | $144M | 73/100 | |
7th |  MaintainX 2018, San Francisco (United States), Acquired | Provider of a platform for maintenance and operations management solutions | $254M | 71/100 | |
8th | Provider of artificial intelligence, machine learning, and digital transformation solutions | $2.92M | 67/100 | ||
9th | Developer of renewable energy assets, battery storage, and digital energy platforms | $528M | 65/100 | ||
10th | EnTouch Controls 2009, Richardson (United States), Acquired | Energy management solutions | $80.9M | 64/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Particle's competitors? Click here to see the top ones
Particle's Investments and acquisitions
Particle has acquired RedBear. Particle has not made any investments as of now.Reports related to Particle
Here is the latest report on Particle's geography:
News related to Particle
Filter this listMedia has covered Particle for a total of 3 events in the last 1 year.
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Digi International Reports First Fiscal Quarter 2026 ResultsBusiness Wire•Feb 05, 2026•Digi International, Particle
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ByteSnap Design announces strategic partnership with Particle to accelerate IoT innovationIoT Business News•Oct 05, 2024•ByteSnap, Particle
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12Top/s octa-core AI single board computer with 5G and Wi-Fi 6EElectronics Weekly•Aug 01, 2024•Particle
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Skylo and Particle Unlock Satellite Connectivity Access for IoT DevelopersBusiness Wire•Aug 01, 2024•Skylo, Particle
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Particle Unveils Tachyon, the First 5G, AI-Enabled Single-Board Computer for Everyone and EverythingBusiness Wire•Jul 30, 2024•Particle
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Particle Expands Portfolio to Revolutionize Speed-to-Market for Cellular IoT ProductsPR Newswire•Sep 27, 2022•Particle
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