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Eridan

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Building the world's most efficient radios for 4G, 5G, and beyond

Sunnyvale, United StatesFounded 2013Telecom
Valuation $250–500M Last recorded · 2022
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Eridan and the history behind them.

About Eridan

Eridan Communications, a startup founded in 2013 by three engineering PhDs, is a game-changer in the telecommunications industry. They have developed a revolutionary transmitter that uses a unique approach to generate Radio Frequency (RF) signals, which are essential for wireless communication. This innovative technology is encapsulated in their MIRACLE module, which promises to deliver superior performance at a lower cost and power consumption.

Eridan's primary market is the telecommunications equipment sector. Their technology is designed to enhance the performance of such equipment, making it more efficient and cost-effective. This is particularly relevant in the era of 5G connectivity, where there is a growing demand for affordable and efficient solutions. Eridan's technology can be used in densely populated cities and remote rural areas alike, making it a versatile solution for a wide range of applications.

The company's business model is likely based on selling their MIRACLE modules to telecommunications equipment manufacturers. By integrating Eridan's technology into their products, these manufacturers can offer superior performance and efficiency, giving them a competitive edge in the market. This, in turn, generates revenue for Eridan.

In summary, Eridan Communications is a pioneering startup that is leveraging innovative technology to redefine the future of wireless communications. Their MIRACLE module promises to deliver improved performance at a lower cost, making 5G connectivity more accessible for everyone, everywhere.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Sunnyvale, United States
Employees
103
Open positions
6
Dealroom signal
53.6/100
Industry
Telecom
Sector
Telecom, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing May 2022 $46M $184M Pilot Grove Management · Capricorn Investment Group · Social Capital · Diamond Edge Ventures ↗
SERIES BOther financing Oct 2021 $0 — Sand Hill Angels —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Eridan website traffic

Latest recorded traffic for Eridan is 4.4K monthly website visits, up 29.4% over the last three months. Eridan's team grew 2% over the past year.

Latest monthly visits4.4K 3-month web change+29.4% 1-year team growth+2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

6 investors on the cap table

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

Series A6 investors entered at this stage

  • Social Capital
  • Sand Hill Angels
  • Capricorn Investment Group
  • Monta Vista Capital
  • Pilot Grove Management
  • Diamond Edge Ventures
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
4 countries with
team presence
🇺🇸 United States72.6%
🇭🇷 Croatia24.2%
🇯🇵 Japan1.6%
🇷🇺 Russia1.6%
4 countries shown

Market sentiment

Posts on X, past 7 days

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