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Boise, Idaho, United States
Provider of 3G and 4G network services. The company delivers cloud-managed 4G LTE networking services for distributed enterprises.
Last updated
In 2021, Cradlepoint's revenue reached $75.3M. Since its launch in 2006, Cradlepoint has shown consistent revenue growth.
Cradlepoint reached a $225.9M valuation in 2025, set during its M&A Offer round.
Cradlepoint has raised $161.3M in total funding across 7 rounds, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $225.9M | - | |
| 2017 | Funding round | $89M | - | - |
CEO
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.
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Cradlepoint serves 20K customers.
Cradlepoint employs approximately 862 people as of 2026, including 7 sales reps that carry a quota. It serves 20K customers that rely on its solutions.
Cradlepoint generates $75.3M in revenue.
Cradlepoint was founded by George Mulhern.
The CEO of Cradlepoint is George Mulhern.
Cradlepoint raised $161.3M across 7 rounds.
Cradlepoint has 862 employees.
Cradlepoint is headquartered in Boise, Idaho, United States.
Cradlepoint operates across multiple industries. Browse revenue, funding, and growth data for Cradlepoint in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$225.9M
2021 Revenue
$75.3M
Customers
20K
Funding
$161.3M
Avg ACV
$3.8K
Team
862
Founded
2006
| Year | Milestone | Source |
|---|---|---|
| 2021 | Cradlepoint Hit $75.3m revenue in April 2021 | |
| 2006 | Launched with $0 revenue |
| 2017 | Funding round | $675K | - | - |
| 2015 | Funding round | $48M | - | - |
| 2011 | Funding round | $4.3M | - | - |
| 2011 | Funding round | $11.5M | - | - |
| 2010 | Funding round | $7.5M | - | - |
| 2009 | Funding round | $350K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 862 employees (April 2021) |
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