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Symbian Software Ltd.
Operating systems developer
About Symbian Software Ltd.
Symbian Software Ltd. was established in 1998 as a software licensing company through a consortium of key mobile device manufacturers, including Nokia, Ericsson, Motorola, and Psion. The firm was strategically positioned to create a standardized operating system for the emerging smartphone market, building upon the foundational EPOC operating system developed by Psion, a British mobile technology pioneer. David Wood, a founder of Symbian and an engineer from Psion, played a pivotal role, bringing deep expertise from his work on the 16-bit and 32-bit versions of the EPOC OS that formed the core of Symbian's offering.
The company's primary business revolved around developing and licensing the Symbian Operating System to handset manufacturers worldwide. This business model generated revenue through royalties paid by these manufacturers for each device shipped with the Symbian OS. For a significant period, Symbian dominated the mobile OS landscape, holding a commanding market share before the widespread adoption of Apple's iOS and Google's Android. Its client base consisted of the world's largest mobile phone vendors, making it the de facto standard for early-generation smartphones.
The product, Symbian OS, was a sophisticated mobile operating system known for its memory efficiency, multitasking capabilities, and a user interface tailored for devices with keypads and styluses, most notably through the S60 and UIQ platforms. It enabled core smartphone functionalities such as web browsing, email, and the installation of third-party applications. This allowed manufacturers to offer differentiated and advanced features on their devices, catering to a growing consumer demand for more capable mobile phones.
A significant milestone occurred in 2008 when Nokia, already a major shareholder, announced its intention to acquire all remaining shares of the company. Following the acquisition, Nokia initiated the creation of the Symbian Foundation, aiming to unify the various Symbian UI platforms and transition the operating system to an open-source, royalty-free model to foster broader collaboration. However, the platform struggled to adapt to the new market dynamics defined by touchscreen-centric interfaces and developer-friendly app ecosystems, which led to a rapid decline in market share and the eventual discontinuation of the operating system.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2008 | $290M | $290M | Nokia Corporation | — |
| EARLY VC✓Equity / VC | Jan 2002 | $27M | $110M | Nokia Corporation · Psion | — |
Growth signals
Latest recorded traffic for Symbian Software Ltd. is 980 monthly website visits, up 880% over the last three months. Symbian Software Ltd.'s team declined 1.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Nokia Corporation
Psion
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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