coto is a technology company.
coto has raised $10.0M across 1 funding round.
coto has raised $10.0M in total across 1 funding round.
Coto Technology is a longstanding manufacturer of small signal switching products, including reed relays, reed switches, solid-state relays (CotoMOS®), and TMR-based magnetic sensors.[1][2][3] Headquartered in North Kingstown, Rhode Island, with manufacturing in Mexicali, Mexico, the company serves markets such as Automatic Test Equipment (ATE), Data Acquisition, Instrumentation, Process Control, Telecommunications, Medical, Security, and Battery Management.[1][2][3] It generates approximately $62.2 million in revenue and employs around 419 people, positioning it as a market leader in high-reliability, innovative switching solutions for electronics applications requiring precision and signal integrity.[4]
Coto solves critical challenges in signal switching by delivering products with low thermal EMF, high-frequency performance (>8 GHz), and compact designs like the world's smallest SMD reed relays, enabling reliable operation in demanding environments.[1][2]
Coto Technology traces its roots to 1917 in Providence, Rhode Island, where it began as Coto Coil Incorporated, specializing in coil windings.[1][2][4] In the mid-1960s, it pivoted to reed relays by integrating reed switches into its coils, marking a shift toward switching products.[1][2] Key milestones include the 1970 launch of the first patented low-thermal EMF reed relay, the 1983 introduction of surface-mounted reed relays, the 1994 world's smallest SMD reed relay, and the 2001 patented relay exceeding 8 GHz performance.[1][2]
The company relocated its relay design labs and headquarters to North Kingstown, RI, in 2010 for enhanced efficiency.[1] Further innovations followed with the 2014 CotoMOS® solid-state relay line and the 2016 RedRock™ TMR sensor series.[1][2] This evolution reflects a commitment to magnetics expertise and customer-driven problem-solving, building a reputation over 60+ years through structured teams and quality processes like SPC and FMEA.[2]
Coto rides the wave of escalating demands for precision electronics in high-stakes sectors like ATE, telecom, medical devices, and security systems, where miniaturization, high-frequency performance, and signal integrity are paramount.[1][2][3] Its timing aligns with trends in 5G/6G telecom, advanced instrumentation, and IoT-enabled battery management, where reliable switching prevents data corruption in bandwidth-intensive applications.[1]
Market forces favoring Coto include the shift toward solid-state and TMR tech for lower power and higher speeds, amid semiconductor supply chain needs for robust components.[2][3] The company influences the ecosystem by enabling faster test equipment, secure telecom infrastructure, and precise medical/security sensing, supporting broader advancements in HPC, data centers, and edge computing.[3]
Coto's entrenched expertise in magnetics and switching positions it to capitalize on AI-driven test demands, next-gen telecom, and sensor proliferation in EVs and smart grids. Expect expansions in TMR sensors and CotoMOS® for higher-frequency, low-power apps, potentially boosting growth amid electronics market recovery. Its century-plus legacy ensures resilience, evolving influence through custom solutions that power tomorrow's signal-critical innovations—much like its foundational role in reed relay history.
coto has raised $10.0M in total across 1 funding round.
coto's investors include Alpha JWC Ventures, DST Global, Indicator Ventures, Jungle Ventures, Next Level Ventures, The Valley Fund, Y Combinator.
coto has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Seed in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $10.0M Seed | Alpha JWC Ventures, DST Global, Indicator Ventures, Jungle Ventures, Next Level Ventures, The Valley Fund, Y Combinator |