Cradlepointrevenue, acquisition & funding
IoT Connectivity Management SoftwareBoise, IdahoFounded 2006
Cradlepoint was acquired by Ericsson. See Ericsson's profile →
Cradlepoint is an IoT Connectivity Management Software company based in Boise, founded in 2006.
Cradlepoint revenue
Cradlepoint's annual revenue was $75.3M in April 2021, its last figure before Ericsson bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $75.3M | – |
– source not recorded
Who owns Cradlepoint
Ericsson owns Cradlepoint. The date and price of the deal are not on record.
Cradlepoint funding rounds & investors
Cradlepoint has raised $161.3M across seven rounds since 2009. The latest was a $89M funding round in March 2017.
| Date | Round | Raised |
|---|---|---|
| Mar 2017 | Funding round | $89M |
| Feb 2017 | Funding round | $675K |
| Apr 2015 | Funding round | $48M |
| Nov 2011 | Funding round | $4.3M |
| Apr 2011 | Funding round | $11.5M |
| Dec 2010 | Funding round | $7.5M |
| Jul 2009 | Funding round | $350K |
| Total raised | $161.3M |
Cradlepoint CEO, founders & employees
George Mulhern founded Cradlepoint in 2006 and led it as CEO. Cradlepoint had 862 employees (April 2021).
- George MulhernFounder & CEO
Cradlepoint FAQ
What was Cradlepoint's revenue?
Before Ericsson bought it, Cradlepoint's annual revenue was $75.3M in April 2021 (source not recorded).
Who owns Cradlepoint?
Ericsson owns Cradlepoint.
How much funding has Cradlepoint raised?
Cradlepoint raised $161.3M across seven funding rounds before Ericsson bought it. The last was a $89M funding round in March 2017.
How many employees does Cradlepoint have?
Cradlepoint had 862 employees in April 2021.
Who founded Cradlepoint?
George Mulhern founded Cradlepoint in 2006.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Cradlepoint? Join the podcast