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A Look At Jasper Technologies' Billion Dollar Valuation

VC Experts


Jasper Technologies (FKA: Jasper Wireless) entered into the billion dollar club after their most recent Series F financing round. The investment of $50M was led by Temasek Holdings, and put them along side other billion dollar valuations like New Relic, Pure Storage, Cloudera and Lyft. Jasper provides a cloud-based platform for the Internet of Things (IoT) and is pioneering the way enterprises and mobile operators deploy successful IoT service businesses globally.


Jasper Technologies, Inc.
FKA: Jasper Wireless; FKA: Jasper Systems enables mobile network operators around the world with platform, applications, and design services to serve the emerging machine-to-machine (M2M) and embedded devices markets. Using the company’s unique end-to-end solution, network operators and enterprises can scale their deployment of connected devices quickly and profitably. Jasper's operator partners include AT&T, América Móvil, Telefónica, NTT DoCoMo, KPN, VimpelCom, SingTel, Telstra, Rogers, and more.
• Address: 189 North Bernardo Avenue, Suite 150, Mountain View, CA, 94034
• Geographic Region: Silicon Valley
• Industry: Telecommunications
• SIC Codes: 7373 - Computer Integrated Systems Design
• NAICS Codes: 541512 - Computer Systems Design Services
• Legal Counsel: Fenwick & West LLP
• Company Website: http://www.jasper.com
Key Management
• Bahri, Rajat - CFO
• Tyabji, Hatim - Chairman of the Board
• Whalen, Chad - Chief Customer Officer
• Ong, Julian - Chief Legal Officer and Secretary
• McGwire, Jack - CIO
• Gupta, Amit - Co-Founder, CTO, Services
• Collins, Daniel - Co-Founder, CTO, Wireless
• Patterson, Cindy - CRO
• Clontz, Stephen - Director
• Viana-Baptista, Antonio - Director
• Gyani, Mohan - Director
• Dunlevie, Bruce - Director
• Garg, Gaurav - Director
• Fukumoto, Troy - Director
• Mohammed, Jahangir - Founder, CEO, Director
• Namie, Macario - VP, Marketing
• Barkley, Scott - VP Products
Investors
• Benchmark Capital
• Crescendo Venture Management LLC
• AllianceBernstein L.P.
• Bridgescale Partners
• Temasek Holdings Pte, Ltd.
• Undisclosed Firm
• Sequoia Capital
• Duff Ackerman & Goodrich LLC
• Integral Capital Partners

Most Recent Financing Round

Date Amount ($M) Valuation Est. Fully Diluted Shares Preferred Price Per Share
04/16/2014 $50.00 $1,313,907,144 86,179,885 $15.25
Round: Series F
Direction: Up Round

Liquidation Preference: Senior
Liquidation Multiple: 0-1x
Stock Type: Conventional Convertible
Anti-Dilution: Weighted Average
Redemption: No
Cumulative Dividends: No
Dividend Rate: 8%
Pay to Play: No

Price Per Share With Valuation

Investment Amounts

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