When was WaveStorm founded?

WaveStorm was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is WaveStorm located?

WaveStorm is headquartered in Paris, France.

Is WaveStorm a funded company?

WaveStorm is a funded company, having raised a total of $***** in its 1st and only funding round, a Angel round on 2006.

When was the latest funding round of WaveStorm?

WaveStorm's latest funding was a $***** Angel round on 2006, with participation from 1 investor.

Where does WaveStorm rank among its competitors?

WaveStorm ranks 195th amongst 195 active competitors, of which 30 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Velmenni, which secured $3.3M in Mar, 2026.

Who are the top competitors of WaveStorm?

WaveStorm's top competitors include Tsinghua Unigroup, Qorvo and Sequans. Among them, Velmenni secured the most recent funding round in March, 2026.

WaveStorm - 2026 Company Profile, Team, Funding & Competitors

Company Details

WaveStorm developed hardware and software solutions for integrators, key accounts, carriers and small businesses to provide wireless connectivity to any kind of devices and accessibility services to the end-user. Its chief product included CNX 111 and CNX 210. CNX 111 was a WiFi 2.4GHz communication module that integrated into mid-range, battery-fueled machines to add the wireless functionality. CNX 210 was a Bluetooth 2.0 EDR 2.4GHz communication module that integrated into any kind of autonomous device. Both the modules came with 200MHz ARM9 processor and embedded Linux OS, making it adaptable for specific needs of the user. In addition, it offered a platform for managing the devices embedded in the communication modules offered by the company. The company had also developed SiteNEXUS which was an offering built around an open source platform for large accounts and operators to offer a hotspot service to remote sites. Partnered with Starbucks France to implement its WiFi solution and Meccano to build and manufacture the electronics including the WiFi board. In 2007, it received a grant of $ 427850.25 from Osseo Anvar, a public agency dedicated to the promotion of innovation. As of January 2019, the company is defunct.

Key Metrics

Founded Year

2003

Location

Paris, France

Stage

Deadpooled

Latest Funding Round

Angel, 2006, $*****

Investors

Rodrigo Sepulveda Schulz

Ranked

195^th among 195 active competitors

Similar Companies

Tsinghua Unigroup & 227 more

View WaveStorm's full profile

WaveStorm has raised funding over 1 round. Its latest funding round was a Angel round on 2006 for $*****. 1 investor participated in its latest round. WaveStorm has 1 angel investor.

Here is the list of recent funding rounds of WaveStorm:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2006	6897	Angel	5562	7982	5243	4833

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View details of WaveStorm's funding rounds and investors

The founders of WaveStorm is Alex Casassovici.

Here are the details of WaveStorm's key team members:

Alex Casassovici: Former Founder & ex- CEO of WaveStorm.

View details of WaveStorm's Founder profiles and Board Members

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Top competitors of WaveStorm include Tsinghua Unigroup, Qorvo and Sequans. Here is the list of Top 10 competitors of WaveStorm, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tsinghua Unigroup 1988, Beijing (China), Acquired	Semiconductor and electronics device manufacturer	$1.46B	UBS, Fii	68/100
2nd	Qorvo 1991, Greensboro (United States), Public	Manufacturer of radio frequency (RF) and power solutions for multiple industries	-	USVP, National Science Foundation & 2 others	63/100
3rd	Sequans 2003, Colombes (France), Acquired	Provider of cellular IoT chips, modules, and intellectual property solutions	$53.8M	Kennet Partners, Swisscom Ventures & 15 others	58/100
4th	Saankhya Labs 2007, Bengaluru (India), Acquired	Provider of software defined radio based modules for video and data communication	$27.9M	GM Ventures, Sinclair Broadcast Group & 51 others	58/100
5th	Qualinx 2015, Delft (Netherlands), Series B	Developer of reconfigurable GNSS solutions for positioning, tracking, and timing	$42.4M	Waterman Ventures, InnovationQuarter & 4 others	57/100
6th	ClariPhy 2002, Irvine (United States), Acquired	ICs for high speed communication	$117M	Norwest, Padtec & 9 others	56/100
7th	Akoustis 2014, Huntersville (United States), Acquired	Manufacturer of radio frequency filters and related component and module products	$5.83M	Herald Investment Management, Montrose Capital Partners ... & 2 others	56/100
8th	Velmenni 2013, Delhi (India), Seed	Provider of light communication technology for wireless data transmission solutions	$3.67M	Rosmerta Technologies, pi Ventures & 10 others	55/100
9th	Cygnusemi 2020, Shanghai (China), Series B	Provider of analog chips for 5G connections	$69.1M	CDH, Matrix Partners China & 19 others	53/100
10th	Fibocom 1999, Shenzhen (China), Public	Provider of wireless communication solutions for IoT applications	$28M	Intel	52/100
195th	WaveStorm 2003, Paris (France), Deadpooled	Developed hardware and firmware solution for enabling connectivity among devices	-	-	16/100