Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Prodea Systems

Explore full profile

Pioneer of multi-service, multi-screen platforms for the residential internet of things, delivering digital services globally

Richardson, United StatesFounded 2006Other B2B Software
Valuation $50–100M Last recorded · 2010
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Prodea Systems and the history behind them.

About Prodea Systems

Prodea Systems, founded in 2006, operates as a technology and services management company focused on the Internet of Things (IoT) sector. The company was established by the Ansari family: Anousheh Ansari, who serves as Chairman and CEO; her husband Hamid Ansari, the President; and her brother-in-law Amir Ansari, the Chief Technology Officer. This venture followed their successful exit from Telecom Technologies, Inc. (TTI), a company they co-founded in 1993 that pioneered Voice over IP (VoIP) softswitch technology and was acquired by Sonus Networks in 2000 for a significant sum.

The founders' journey is deeply rooted in telecommunications and technology. Anousheh and Amir Ansari both hold degrees in electrical engineering and computer science from George Mason University. Anousheh also holds a master's degree from George Washington University and gained international recognition as the first female private space explorer. Amir holds over 60 patents in areas like multimedia distribution and edge computing. This technical background and entrepreneurial experience from TTI directly informed the creation of Prodea Systems, aiming to tackle the complexity of the connected device landscape.

Prodea's core offering is an IoT cloud platform-as-a-service (PaaS). This platform, sometimes referred to as the Residential Operating System (ROS®), is designed for mass-market consumer product manufacturers and other service providers, such as telecommunications firms and cable operators. The business model is centered on enabling these clients to transform their traditional products into connected devices. Prodea provides the backend infrastructure that allows for real-time performance monitoring, data intelligence, device management, and predictive analytics. Essentially, it allows other companies to quickly launch and manage their own IoT offerings without building the entire backend system from scratch.

The platform serves as a managed service delivery system that allows diverse devices and data to interact seamlessly. A key milestone for the company was the acquisition of Arrayent, Inc. in 2017, a cloud services platform for consumer IoT. This acquisition enhanced Prodea's capabilities by integrating Arrayent's expertise in device-to-cloud connectivity and management for consumer brands, creating a more comprehensive end-to-end solution. Prodea's platform supports a wide range of applications, from smart home solutions and remote patient monitoring to other services across various vertical markets. The combined entity aims to provide a unified platform for the IoT, facilitating interoperability between different products and ecosystems.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Richardson, United States
Employees
27
Open positions
None listed
Dealroom signal
60.8/100
Industry
Enterprise Software
Sector
Other B2B Software, Hard Tech, DT and LS
Technology
IoT InternetOfThings, Deep Tech
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Jan 2004
Capital deployed
$5M
Preferred round
SERIES A

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Apr 2014 $100M — Mubadala Capital —
GROWTH EQUITY VCOther financing Jan 2013 $6M — Undisclosed —
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 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Prodea Systems website traffic

Latest recorded traffic for Prodea Systems is 360 monthly website visits, up 38.5% over the last three months. Prodea Systems's team grew 0% over the past year.

Latest monthly visits360 3-month web change+38.5% 1-year team growth0%
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

1 investor on the cap table

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

Series B and later1 investor entered at this stage

Team profiled 20 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
🇺🇸 United States · Richardson HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Prodea Systems 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

See Prodea Systems’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.