Dedicated Devices Inc

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Dedicated Devices Inc - overview

Location

Nampa, ID-Idaho, US

Primary Industry

Electronics

About

Dedicated Devices provides innovative technological solutions that enhance operational efficiency for businesses across various sectors, focusing on software applications that streamline workflows and optimize resource use. Dedicated Devices operates in Nampa, US, specializing in operational efficiency solutions through software applications. Founded by industry veterans, the company has undergone strategic pivots to maintain its competitive edge. In February 2007, it was acquired by Home Director Inc.


The latest funding round was a Series B in which they raised USD 6. 00 mn, led by Palomar Ventures, with participation from Highway 12 Ventures, Pelion Venture Partners, and Village Ventures. The total amount raised to date stands at USD 6. 00 mn.


The company specializes in delivering technological solutions to enhance operational efficiency across various sectors. Their software applications streamline workflows, optimize resource allocation, and provide real-time analytics, primarily targeting medium to large enterprises in finance, healthcare, and logistics. These solutions address challenges in data management and operational transparency, gaining traction particularly in North America, Western Europe, and parts of Asia. Dedicated Devices generates revenue through subscription-based models and direct sales of its software solutions.


Clients typically enter annual contracts, which may include premium packages offering advanced analytics and dedicated support. This revenue model fosters long-term client relationships and accommodates both B2B partnerships and direct-to-consumer engagements. Dedicated Devices plans to expand its product offerings with new software solutions slated for release in the upcoming year, targeting enhancements in data analytics capabilities. The company is also looking to penetrate additional markets in Western Europe and select regions in Asia by 2025.


The recent funding from the Series B round will support these initiatives, particularly the development of new software products and the expansion of its market footprint.


Primary Industry

Electronics

Sub Industries

Electronic Components, Semiconductors

Website

www.dedicateddev.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Dedicated Devices Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedDedicated Devices Inc-
Series BCompletedDedicated Devices Inc-

Displaying 1 - 2 of 2

Dedicated Devices Inc - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.