Cradlepoint

Traverse Fund III

Cradlepoint is a leading provider of business-class networking products that utilize LTE and 5G cellular technology to connect people, places, and things—anywhere. Using its wireless WAN, private network, and cybersecurity solutions, Cradlepoint delivers reliable, secure, and agile connectivity, new ways to work, and improved business results. More than 36,000 businesses and government agencies around the world, including many Global 2000 organizations and top public sector agencies, rely on Cradlepoint to keep mission-critical sites, points of commerce, field forces, vehicles, and IoT devices always connected.

Acquired by Ericsson (Nasdaq: ERIC).

2009

Year Invested

Public

Status

C

Series/Stage

$89M

Round Size
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