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Cassia Networks

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Enterprise Bluetooth IoT gateways for long-range connectivity

San Jose, United StatesFounded 2014Telecom
Valuation $50–100M Last recorded · 2019
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cassia Networks and the history behind them.

About Cassia Networks

Cassia Networks, founded in 2014 by Felix Zhao, provides enterprise-grade Bluetooth Internet of Things (IoT) products and solutions. The company is headquartered in Silicon Valley, with an office in Beijing, China. The founder and CEO, Felix Zhao, is a serial entrepreneur with a background in wireless technology, having previously founded Azalea Networks and held positions at Aruba Networks, Cisco Systems, and Sensys Networks. He holds over 20 U.S. patents in areas including wireless communication and Bluetooth.

The company's core offering revolves around its patented technology that extends the communication range of Bluetooth Low Energy (BLE) devices up to 1 kilometer and enables one-to-many device connectivity. This overcomes the standard limitations of Bluetooth, making it a viable solution for large-scale enterprise and industrial deployments. Cassia's product line includes a series of long-range Bluetooth gateways, such as the indoor/outdoor X1000 and the ruggedized X2000, which can connect to multiple BLE devices simultaneously. These gateways feature edge computing capabilities, allowing customers to run their own applications inside the gateway's container.

To manage these networks, Cassia offers the IoT Access Controller (AC), a software platform for deploying and managing hundreds of gateways and thousands of connected devices from a single interface. The AC provides features like end-to-end security, remote monitoring, Bluetooth locationing, and seamless roaming. The business model appears to be based on selling hardware (gateways) and the accompanying software management platform (IoT Access Controller) to enterprise clients. The company serves various markets, including industrial IoT, digital health, smart campuses, and personnel and asset tracking. Notable clients and partners include ABB, Medtronic, and Extronics.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
San Jose, United States
Employees
20
Open positions
None listed
Dealroom signal
37.5/100
Industry
Telecom
Sector
Telecom, Telecommunications, Industrial IoT, Bluetooth, Smart City, App, IoT, Network, Smart Cities
Technology
IoT InternetOfThings
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Apr 2022 — — ABB ↗
SERIES B✓Equity / VC Mar 2019 $10M $40M Wu Capital —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Cassia Networks website traffic

Latest recorded traffic for Cassia Networks is 3K monthly website visits, down 6.3% over the last three months. Cassia Networks's team declined 9.1% over the past year.

Latest monthly visits3K 3-month web change-6.3% 1-year team growth-9.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Joyance Partners

Series A5 investors entered at this stage

Series B and later1 investor entered at this stage

  • ABB

Other known investors2 additional known investors

  • Social Starts
  • SV Tech Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Jose HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cassia Networks on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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