Apprion
Apprion is a technology company.
Financial History
Apprion has raised $28.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Apprion raised?
Apprion has raised $28.0M in total across 3 funding rounds.
Apprion is a technology company.
Apprion has raised $28.0M across 3 funding rounds.
Apprion has raised $28.0M in total across 3 funding rounds.
Apprion has raised $28.0M in total across 3 funding rounds.
Apprion's investors include AllegisCyber Capital, Sierra Point Ventures, Silicon Valley Data Capital.
Apprion is a technology company specializing in industrial wireless networking and IIoT (Industrial Internet of Things) solutions for process manufacturing and industrial facilities.[1][2][3][4] It developed the ION system, an open, scalable, secure platform to monitor and manage multi-vendor wireless devices and applications, helping plant managers, engineers, and IT teams optimize operations by ensuring reliability and providing critical performance data.[1][3] Targeting sectors like oil & gas, energy, food & beverage, and chemicals, Apprion addressed connectivity challenges in harsh industrial environments, raising $20M in funding up to Series C before becoming defunct or acquired (now part of Jacobs Engineering).[1][5]
The company served industrial operators needing robust wireless infrastructure to lower costs and improve scalability, solving problems like unreliable multi-vendor device management in facilities.[1][3] Growth stalled post-2010s, with its last funding of $8M, small team of 9 employees in Mountain View, CA, and current "Dead" status per records.[1][2]
Founded in 2004, Apprion emerged to tackle wireless networking gaps in industrial settings, focusing on reliable infrastructure for process industries.[1][3] Key figures included experienced leaders like Warren S., VP of Products with 30+ years from Sun Microsystems (pioneering CORBA standards), and Wade S., who led services with deep process control expertise from Shell, Basell, and others.[3] Backed by investors like Allegis Capital, whose partner had prior successes (e.g., InfoGear acquired by Cisco), Apprion built early traction through its ION system, emphasizing open standards for "always-on" wireless.[1][3]
Pivotal moments involved engineering hires, such as replacing the retiring co-founder CTO with a VP of Engineering, and positioning as a leader in industrial wireless amid rising IIoT demand.[3][5]
Apprion rode the early IIoT and industrial wireless wave in the 2000s-2010s, aligning with trends in sensor connectivity (e.g., pressure, flow, chemical sensors) and standards like ISA100 for oil & gas, energy, and manufacturing.[1] Timing mattered as facilities digitized amid rising automation demands, with market forces like cost pressures and regulatory needs for secure networks favoring open platforms over siloed systems.[1][3] It influenced the ecosystem by pioneering scalable multi-vendor management, paving the way for modern IIoT players, though its tech lives on via Jacobs Engineering integration.[5]
Apprion's legacy as an industrial wireless pioneer endures through its ION technology, now embedded in Jacobs Engineering's offerings for process industries.[5] No active operations remain (marked "Dead" post-Series C), but its standards-based approach prefigured today's IIoT explosion driven by 5G, edge computing, and AI sensors.[1][4] Future influence evolves indirectly: trends like Industry 4.0 and secure multi-vendor ecosystems will amplify its foundational IP, benefiting acquirers in a market projected for sensor and connectivity growth.[1] This early innovator highlights how specialized IIoT bets can shape enduring industrial digital transformation.
Apprion has raised $28.0M across 3 funding rounds. Most recently, it raised $8.0M Series C in March 2010.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2010 | $8.0M Series C | AllegisCyber Capital, Sierra Point Ventures, Silicon Valley Data Capital | |
| Sep 1, 2007 | $12.0M Series B | AllegisCyber Capital, Sierra Point Ventures, Silicon Valley Data Capital | |
| Jan 1, 2006 | $8.0M Series A | AllegisCyber Capital, Sierra Point Ventures, Silicon Valley Data Capital |