Modcam
Financials
Estimates*
SEK | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | 4.6m | 3.6m | 3.8m | 1.9m |
% growth | - | 280 % | 813 % | 1211 % | (20 %) | 5 % | (51 %) |
EBITDA | - | (9.1m) | (9.1m) | (7.3m) | (6.4m) | 39.4m | 1.7m |
% EBITDA margin | - | (23921 %) | (2620 %) | (160 %) | (175 %) | 1034 % | 93 % |
Profit | - | - | - | (11.0m) | (11.3m) | 33.3m | 6.0m |
% profit margin | - | - | - | (242 %) | (311 %) | 874 % | 321 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €1.4m | Seed | |
* | SEK5.0m | Seed | |
* | N/A | Seed | |
* | SEK15.0m | Early VC | |
€50.0k | Grant | ||
* | SEK10.0m | Early VC | |
N/A | $3.4m | Early VC | |
N/A | Acquisition | ||
Total Funding | AUD13.3m |
Related Content
Recent News about Modcam
EditModcam, operating under the Cisco Meraki brand, is a leading provider of cloud-controlled networking solutions. The company specializes in Wi-Fi, routing, and security services, catering to a diverse range of clients including educational institutions, healthcare facilities, retail businesses, and corporate enterprises. Modcam's core market is the IT infrastructure sector, where it offers scalable and secure network solutions designed to meet the evolving demands of modern businesses.
The business model of Modcam revolves around providing a cloud-based network platform that simplifies deployment and management of IT resources. This platform includes robust APIs (Application Programming Interfaces), which are tools that allow different software applications to communicate with each other, and advanced analytics to offer deep insights into network performance and user behavior. By leveraging these tools, clients can create smarter workspaces, enhance user experiences, and ensure the security of both digital and physical assets.
Modcam generates revenue through a combination of hardware sales (such as Wi-Fi routers, switches, and IoT devices) and subscription-based services. Clients pay for the initial purchase of networking equipment and then subscribe to ongoing cloud services that provide continuous updates, support, and advanced features. This recurring revenue model ensures a steady income stream and fosters long-term client relationships.
In summary, Modcam, under Cisco Meraki, is a key player in the cloud-controlled networking market, offering comprehensive solutions that enhance connectivity, security, and operational efficiency for a wide range of industries.
Keywords: Cloud Networking, Wi-Fi, Security, IoT, APIs, Analytics, Healthcare IT, Education IT, Retail Solutions, Subscription Model.