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Particle

Other B2B Software · San Francisco, United States · Founded 2011

Particle | Build your Internet of Things MoreLess

Particle is a leading Internet of Things (IoT) platform that specializes in providing seamless device connectivity, management, and data integration solutions. The company serves a diverse range of clients, including enterprises, developers, and manufacturers, who require reliable and scalable IoT solutions to connect and manage their devices. Operating in the IoT market, Particle offers a comprehensive suite of hardware and software products, such as development kits, connectivity modules, and cloud services, which facilitate the creation and deployment of IoT applications.

Particle's business model is based on a combination of hardware sales, subscription-based cloud services, and professional support. The company generates revenue through the sale of its IoT hardware products, including LTE and 3G modules, as well as through recurring subscription fees for its cloud platform, which provides device management, data storage, and analytics capabilities. Additionally, Particle offers professional services and support to help clients design, develop, and deploy their IoT solutions.

Particle's competitive advantage lies in its ability to offer an end-to-end IoT solution that simplifies the complexities of device connectivity and management, enabling clients to focus on their core business objectives. The company's platform is designed to be highly scalable, secure, and reliable, making it an attractive choice for businesses looking to implement IoT solutions at scale.

Keywords: IoT, device connectivity, data integration, cloud services, hardware modules, scalable solutions, device management, LTE, 3G, professional support.

Valuation $100–500M
Revenue $10–50M
Headcount 100–500
Total funding $100–500M
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Company overview

Particle company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2011
Headquarters
San Francisco, United States
Employees
107
Open positions
2
Dealroom signal
67.9
client focusb2btechnologyHardwaretechnologyDeep TechtechnologyIoT InternetOfThingsbusiness modelSaaSsectorGeopositioningsectorIndustrial TechnologysectorIndustrial ConnectivitysectorHard TechsectorDT and LSindustryEnterprise Software

Valuation & funding

Particle funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jan 2026 $0 Digi International
SERIES CEquity / VC Sep 2023 $0 SOSV
SERIES CEquity / VC Dec 2022 $0 SOSV
LATE VCEquity / VC Nov 2021 $30M $200M Undisclosed
SERIES CEquity / VC Oct 2019 $40M $160M Industry Ventures · Spark Capital · Root Ventures · Qualcomm Ventures
SERIES BEquity / VC Jul 2017 Qualcomm Ventures · Spark Capital · Root Ventures · Cito Ventures
SERIES AEquity / VC Nov 2016 O'Reilly AlphaTech Ventures · Launch Angels · Hax · TenOneTen Ventures
OtherOther financing Mar 2015 Undisclosed
SEEDEquity / VC Jul 2014 Collaborative Fund · SOSV · O'Reilly AlphaTech Ventures · Root Ventures
SEEDEquity / VC Sep 2013 Undisclosed
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $10M 0% 107
2025 $10M 0% 114
2024 $10M 0% 134
2023 $10M 0% 138
2022 $10M 0% 163
2021 $10M 0% 152
2020 $10M 120
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Particle website traffic

Latest recorded traffic for Particle is 160K monthly website visits, up 0% over the last three months. Particle's team declined 6.1% over the past year.

Latest monthly visits160K 3-month web change0% 1-year team growth-6.1%
Monthly website visits123 observations · Apr 2016–Jul 2026
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Comparisons

Particle compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Particle's talent

Book a demo to see the people
Team profiled 40 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.

Investors

24 investors on Particle's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
Root Ventures
Collaborative Fund
SOSV
O'Reilly AlphaTech Ventures
Series A 10 investors entered at this stage
OATV
Launch Angels
Hax
TenOneTen Ventures
Rincon Venture Partners
Peninsula Ventures
Green D Ventures
Qualcomm Ventures
Spark Capital
Cito Ventures
Series B+ 3 investors entered at this stage
Energy Impact Partners
Industry Ventures
Bonfire Ventures
Other known 7 additional known investors

Global footprint

Where Particle has talent and traffic

Workforce by country
11 countries with
team presence
🇺🇸 United States51.7%
🇲🇽 Mexico15%
🇨🇳 China13.3%
🇮🇳 India3.3%
🇷🇺 Russia1.7%
Top 5 of 11 shown

In the news

Latest news about Particle

Recent press, funding announcements, and product moves mentioning Particle — open to read from the original sources.

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Market sentiment

What the market is saying about Particle

An AI-synthesized read of the highest-engagement posts about Particle on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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