Cumulocity
Financials
Estimates*
EUR | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|---|
Revenues | - | - | 2.8m | 4.2m | 6.3m | 7.1m | 8.5m |
% growth | - | - | - | 51 % | 49 % | 12 % | 20 % |
EBITDA | - | - | - | (2.5m) | (1.5m) | (4.9m) | 11.5m |
% EBITDA margin | - | - | - | (59 %) | (24 %) | (69 %) | 135 % |
Profit | (1.1m) | (1.1m) | (1.3m) | (2.6m) | (1.6m) | (5.0m) | 10.1m |
% profit margin | - | - | (44 %) | (62 %) | (25 %) | (71 %) | 118 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | N/A | Acquisition | |
Total Funding | - |
Related Content
Recent News about Cumulocity
EditCumulocity IoT, a subsidiary of Software AG, operates in the industrial Internet of Things (IoT) market, providing a comprehensive platform for connecting, managing, and analyzing data from various devices and sensors. The company serves a diverse range of clients, including manufacturers, utilities, and enterprises looking to optimize their operations through data-driven insights.
Cumulocity IoT's business model revolves around offering a low-code platform that allows clients to build and deploy IoT solutions with minimal coding effort. This platform is designed to be open and extensible, ensuring compatibility with a wide range of devices and systems. The company generates revenue through subscription fees for its platform services, as well as through custom development and consulting services.
The platform's key features include real-time data collection, anomaly detection, and advanced analytics, which help clients improve operational efficiencies, enhance product insights, and optimize customer experiences. By leveraging machine learning and other advanced technologies, Cumulocity IoT enables businesses to make better decisions and achieve greater efficiency.
Keywords: IoT, real-time data, anomaly detection, low-code platform, machine learning, industrial IoT, device management, data analytics, operational efficiency, smart products.