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Gizwits

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A smart hardware self-development and cloud service platform

Dongcheng District, ChinaFounded 2005Cybersecurity
Valuation $500M–1B Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Gizwits

Gizwits operates as a Platform as a Service (PaaS) and cloud service provider focused on the Internet of Things (IoT) market. Founded in 2014 by Jack Huang, the Guangzhou-based company has established itself as a significant player in Asia's IoT development landscape. The firm has successfully raised a total of $45.5 million over three funding rounds, with its latest Series C funding in December 2022 securing $14.3 million. Investors include notable names like Qualcomm Ventures, Matrix Partners China, and Huaying Investment Holding Group.

The company's core business revolves around providing a comprehensive suite of tools for IoT product development, catering primarily to developers and manufacturing enterprises. Gizwits offers a one-stop, full-stack IoT development toolkit that supports the entire product lifecycle, from initial concept and development to operational management. This is facilitated through an open-source PaaS model, which includes a self-service software development platform, Gizwits 2.0, and a programmable microcontroller board called GoKit. The platform is designed to lower technical barriers and costs for businesses looking to develop and launch smart, connected products.

Gizwits' service offerings are extensive, encompassing IoT cloud services, data analytics, and management tools. These tools provide functionalities such as remote access, notifications, and over-the-air (OTA) firmware upgrades. The platform supports public, private, and hybrid IoT cloud deployments and integrates technologies from partners like Qualcomm, Amazon, Google, and Microsoft. Clients can leverage enterprise-grade connectivity management, device management, application enablement, and data analytics to build and manage their IoT products. The business model includes providing these platform services along with value-added services like industrial design, software development for apps and websites, and consulting to help clients navigate their digital transformation.

The product ecosystem includes the Gizwits OS, an intelligent IoT operating system, and a range of edge intelligent terminals like sensors and gateways. The company also provides an Intelligent Operations & Maintenance solution that uses IoT and AI for predictive maintenance and troubleshooting. This enables clients, which include Fortune 500 companies like Bosch and Siemens, to connect home appliances, consumer electronics, and industrial machines to the internet and smartphones efficiently. The platform supports over 30 million connected devices sold in more than 150 countries.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2005
Headquarters
Dongcheng District, China
Employees
20
Open positions
None listed
Dealroom signal
27.7/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Cybersecurity, Cloud Data Services, Data Provider, Core AI, Predictive Maintenance, 5G, Edge Processing, Hard Tech, AI Applications
Technology
IoT InternetOfThings, Artificial Intelligence
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Jun 2017
Capital deployed
$440K
Preferred round
ANGEL

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Dec 2022 $28M $800M Meridian Capital ↗
SERIES COther financing Feb 2022 $0 — Meridian Capital Asia —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

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

Gizwits website traffic

Latest recorded traffic for Gizwits is 37K monthly website visits, up 0% over the last three months. Gizwits's team grew 0% over the past year.

Latest monthly visits37K 3-month web change0% 1-year team growth0%
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Similar companies

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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 A1 investor entered at this stage

Series B and later2 investors entered at this stage

  • Meridian Capital Asia
  • Meridian Capital

Other known investors1 additional known investor

Employees 20 total headcount
Founders Hidden — book a demo/100 quality score
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
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

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