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Enfora

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Wireless networking solutions that enable enterprises to access, analyze and leverage information from their assets

Richardson, United StatesFounded 1999
Valuation $100–250M Last recorded · 2006
Revenue $50–100M Latest reported FY
Total funding $10–50M Disclosed equity funding
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About Enfora

Established in 1999 by founder and CEO Mark Weinzierl, Enfora operated as a key provider of wireless networking solutions from its headquarters in Richardson, Texas. The company specialized in machine-to-machine (M2M) communications, offering a suite of products that enabled enterprises to connect with, monitor, and manage geographically dispersed assets.

Enfora's business model revolved around providing intelligent asset-management solutions through a combination of hardware and software. Its product portfolio included embedded software, network edge wireless platforms, and enterprise software. This integrated architecture created a vital link between a business and its remote assets, facilitating applications for location-based monitoring, control, and overall asset management. The company served a diverse client base, including enterprises, application service providers, OEMs, and distributors across various vertical markets such as transportation, security, industrial automation, healthcare, and energy.

A significant milestone in the company's history was its acquisition by Novatel Wireless (now part of Inseego Corp.) in a deal announced in November 2010 and completed on November 30, 2010. Novatel acquired Enfora for approximately $64.5 million in cash, aiming to diversify its own product lines and customer base by entering the growing M2M market. Following the acquisition, Enfora was set to operate as a business unit within Novatel Wireless, combining resources in product development and sales channels.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
Richardson, United States
Open positions
None listed
Dealroom signal
16.0/100

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2010 $0 — Novatel Wireless —
LATE VC✓Equity / VC Oct 2006 $19M $76M Kodiak Venture Partners · Adams Street Partners —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Enfora website traffic

Latest recorded traffic for Enfora is 230 monthly website visits, up 15% over the last three months.

Latest monthly visits230 3-month web change+15%
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Investments and acquisitions

Capital deployed

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

Investors

4 investors on the cap table

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

Series B and later2 investors entered at this stage

Other known investors2 additional known investors

  • Novatel Wireless
  • Escalate Capital Partners
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Key operators Hidden — book a demo quality score
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 · Richardson HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Enfora 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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