Latka logo

Valuation

$225.9M

2021 Revenue

$75.3M

Customers

20K

Funding

$161.3M

Avg ACV

$3.8K

Team

862

Founded

2006

How Cradlepoint CEO George Mulhern grew Cradlepoint to $75.3M revenue and 20K customers in 2021.

Provider of 3G and 4G network services. The company delivers cloud-managed 4G LTE networking services for distributed enterprises.

Last updated

Cradlepoint Revenue

In 2021, Cradlepoint's revenue reached $75.3M. Since its launch in 2006, Cradlepoint has shown consistent revenue growth.

Cradlepoint Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M200620082010201220142016201820202021$0$75MSource: GetLatka.com
YearMilestone
2021Cradlepoint Hit $75.3m revenue in April 2021
2006Launched with $0 revenue

Cradlepoint Valuation, Funding Rounds

Cradlepoint's most recent disclosed valuation is $225.9M.

Cradlepoint has raised $161.3M in total funding across 7 rounds, with its most recent round in 2017.

Cradlepoint Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$40M$80M$120M$160M$200M20062008201020122014201620172006 cumulative: $0 • 2006 Founded: $02009 cumulative: $350K • 2006 Founded: $0 • 2009 Funding round: $350K2010 cumulative: $8M • 2006 Founded: $0 • 2009 Funding round: $350K • 2010 Funding round: $8M2011 cumulative: $19M • 2006 Founded: $0 • 2009 Funding round: $350K • 2010 Funding round: $8M • 2011 Funding round: $12M2011 cumulative: $24M • 2006 Founded: $0 • 2009 Funding round: $350K • 2010 Funding round: $8M • 2011 Funding round: $12M • 2011 Funding round: $4M2015 cumulative: $72M • 2006 Founded: $0 • 2009 Funding round: $350K • 2010 Funding round: $8M • 2011 Funding round: $12M • 2011 Funding round: $4M • 2015 Funding round: $48M2017 cumulative: $72M • 2006 Founded: $0 • 2009 Funding round: $350K • 2010 Funding round: $8M • 2011 Funding round: $12M • 2011 Funding round: $4M • 2015 Funding round: $48M • 2017 Funding round: $675K2017 cumulative: $161M • 2006 Founded: $0 • 2009 Funding round: $350K • 2010 Funding round: $8M • 2011 Funding round: $12M • 2011 Funding round: $4M • 2015 Funding round: $48M • 2017 Funding round: $675K • 2017 Funding round: $89M$161M2006 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2017Funding round$89M--
2017Funding round$675K--
2015Funding round$48M--
2011Funding round$4.3M--
2011Funding round$11.5M--
2010Funding round$7.5M--
2009Funding round$350K--

Cradlepoint Employees & Team Size

Cradlepoint employs approximately 862 people as of 2026.

Cradlepoint has 862 total employees in different roles and functions and 7 sales reps that carry a quota. They have 20K customers that rely on the company's solutions.

Cradlepoint Team GrowthReported headcount over time02004006008001,00020062008201020122014201620182020202100862862Source: GetLatka.com
YearMilestone
2021Reached 862 employees (April 2021)

Founder / CEO

George Mulhern

George has more than 25 years of business-to-business technology expertise, including 20 years at Hewlett Packard. He has particularly deep experience in growth strategies for hardware, software, and service businesses within the SMB and enterprise markets. He successfully led businesses with sites located in the U.S., Europe, and Asia.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Cradlepoint acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Cradlepoint

What is Cradlepoint's revenue?

Cradlepoint generates $75.3M in revenue.

Who founded Cradlepoint?

Cradlepoint was founded by George Mulhern.

Who is the CEO of Cradlepoint?

The CEO of Cradlepoint is George Mulhern.

How much funding does Cradlepoint have?

Cradlepoint raised $161.3M.

How many employees does Cradlepoint have?

Cradlepoint has 862 employees.

Where is Cradlepoint headquarters?

Cradlepoint is headquartered in Boise, Idaho, United States.

People Also Viewed

Dominion Hosting Holding logo

Dominion Hosting Holding

Operator of an investment holding company. The company through its subsidiaries invests in hosting providers to provides strategic thinking, technology services for business purposes in Italy and other countries.

Vertek Solutions logo

Vertek Solutions

Provides technical staffing services in the areas of IT, healthcare, telecommunications and engineering

Oodles Technologies logo

Oodles Technologies

Oodles Technologies is a leading global technology company offering a comprehensive range of services to help businesses thrive in the digital era. With expertise in emerging technologies and a strong focus on innovation, Oodles Technologies empowers organizations to transform their operations, enhance customer experiences, and achieve sustainable growth.

HotelKey logo

HotelKey

HotelKey was founded in 2015 and today counts seven large enterprise chains among its clients. HotelKey’s client portfolio includes roughly 1.25 million rooms live and over 18,000 hotels under contract, including more than 800 independent hotels, mainly in the U.S. In addition to its industry-leading PMS solution, HotelKey also offers an enterprise-grade central reservations system and point-of-sale system, along with a host of other products and services specifically designed for the hospitality industry.

NewRocket logo

NewRocket

NewRocket is the AI-first Elite partner that activates real value on ServiceNow. As a trusted advisor to enterprise leaders, NewRocket combines industry expertise, human-centered design, and enterprise-grade AI to help organizations navigate change and scale with confidence. With two decades of experience guiding clients to realize the full potential of the ServiceNow AI Platform, NewRocket is among the largest pure-play ServiceNow partners, uniquely focused on enabling enterprises to adopt AI they trust to deliver lasing business value.

Actian logo

Actian

For over 50 years, we’ve been helping organizations around the globe confidently transform their business by simplifying how people connect, manage, and analyze data. Organizations trust Actian data management and data intelligence solutions to streamline complex data environments and accelerate the delivery of AI-ready data. Actian transforms complex data landscapes into AI-ready assets with Actian Data Intelligence – the platform that enables Fortune 100 leaders to discover, understand, and trust their data across any environment.

Compare Cradlepoint to the industry

Cradlepoint operates across multiple industries. Browse revenue, funding, and growth data for Cradlepoint in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Cradlepoint Revenue 2021: $75.3M ARR, $225.9M Valuation