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U-blox - About the company

U-blox is an acquired company based in Thalwil (Switzerland), founded in 1997 by Andreas Thiel and Ray Bogans. It operates as a Provider of ICs for cellular communication. U-blox has raised $12.1M in funding. The company has 38 active competitors, including 9 funded and 26 that have exited. Its top competitors include companies like Altair, Sierra Wireless and GCT Semiconductor.

Company Details

Provider of ICs for cellular communication. It offers GPS receivers and wireless communication solutions for the consumer, industrial, and automotive markets. Its product portfolio includes chips, modules, and wireless design services which enable OEMs to develop solutions for the Internet of things, and GPS. It also offers a cloud-based delivery platform.
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Key Metrics
Founded Year
1997
Location
Thalwil, Switzerland
Stage
Acquired
Total Funding
$12.1M in 3 rounds
Ranked
Employee Count
1,343 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Advent International (Aug 18, 2025)

U-blox's acquisition details

U-blox got acquired by Advent International on Aug 18, 2025 at an acquisition amount of $*****.
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U-blox's funding and investors

U-blox has raised a total funding of $12.1M over 3 rounds. Its first funding round was on Aug 31, 2001. Its latest funding round was a Grant (prize money) round on Jun 01, 2019 for $*****. 1 investor participated in its latest round. U-blox has 5 institutional investors.

Here is the list of recent funding rounds of U-blox:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2019
3363719
Grant (prize money)
4813977
6645685
1761588
1528325
Mar 30, 2015
6708366
Conventional Debt
9352323
8177877
4239411
5467062
Aug 31, 2001
2676073
Series C
3740205
5857174
2901640
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U-blox's founders and board of directors

Founder? Claim Profile
The founders of U-blox are Andreas Thiel and Ray Bogans. Thomas Seiler is the CEO of U-blox.
Here are the details of U-blox's key team members:

U-blox's employee count trend

U-blox has 1,343 employees as of Aug 26. Here is U-blox's employee count trend over the years:
Employee count trend for U-blox
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U-blox's Competitors and alternates

Top competitors of U-blox include Altair, Sierra Wireless and GCT Semiconductor. Here is the list of Top 10 competitors of U-blox, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Altair
Altair
2005, Hod Hasharon (Israel), Acquired
Developer of LTE chipsets
$124M
70/100
2nd
Logo for U-blox
U-blox
1997, Thalwil (Switzerland), Acquired
Provider of ICs for cellular communication
$12.1M
68/100
3rd
Logo for Sierra Wireless
Sierra Wireless
1993, Richmond (Canada), Acquired
Provider of communication modules for IoT applications
-
67/100
4th
Logo for GCT Semiconductor
GCT Semiconductor
1998, San Jose (United States), Public
Developer of chips and modules for 4G LTE and 5G
$351M
62/100
5th
Logo for Sofant Technologies
Sofant Technologies
2011, Edinburgh (United Kingdom), Series A
Provider of analog ICs for cellular communication
$27M
59/100
6th
Logo for Sequans
Sequans
2003, Colombes (France), Acquired
Provider of cellular IoT chips, modules, and intellectual property solutions
$53.8M
58/100
7th
Logo for Fibocom
Fibocom
1999, Shenzhen (China), Public
Provider of wireless communication solutions for IoT applications
$28M
52/100
8th
Logo for CyOptics
CyOptics
1999, United States, Acquired
Provider of Indium phosphide-based optical chips
$111M
50/100
9th
Logo for WiSpry
WiSpry
2002, Irvine (United States), Acquired
ICs for wireless market
$79.8M
50/100
10th
Logo for GigPeak
GigPeak
2007, San Jose (United States), Acquired
Semiconductor solutions for automotive, industrial, infrastructure, and IoT applications
$23.1M
-
46/100
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U-blox's Investments and acquisitions

U-blox has made 3 investments in companies including Zero Point Motion and Robok Ai. U-blox has also acquired 9 companies including Sapcorda and Thingstream.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 14, 2025
Investments
2020
Bristol (United Kingdom)
Apr 21, 2023
Investments
2017
May 10, 2022
Investments
2017
Bristol (United Kingdom)
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News related to U-blox

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Media has covered U-blox for a total of 18 events in the last 1 year, 14 of them have been about company updates and 1 about partnerships.
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