Startup Spotlight: HeadSpin’s optimised 5G, IoT experiences
Despite operating in a somewhat unseen field, technology unicorn HeadSpin’s efforts are noticeable to anybody streaming content.
Founded in 2015 in Palo Alto, California, the company provides a platform of solutions to optimise connectivity in mobile, web, internet of things (IoT) and 5G.
That’s an increasingly important area considering mobile data traffic grew by 49% from the last quarter of 2018 to 2019, boosted by both increasing customer numbers and the rise of content streaming.
HeadSpin calls itself a ‘Connected Intelligence Platform’, with solutions in the testing phase, optimising performance once live and throughout the product life cycle.
The company recently closed a Series C round of funding led by Dell Technologies Capital and ICONIQ capital worth $60mn, which the company said brought lifetime funding to $117mn.
HeadSpin’s new Chairman of the Board Nikesh Arora, formerly Chief Business Officer at Google, and COO of SoftBank, said in the accompanying press release: “HeadSpin’s extraordinary technology has broken barriers and redefined the frontier of testing, monitoring, and analytics across devices, locations and networks to understand a customer’s connected experience. This means business, development, devops, and product teams can finally be on the same page and focus on what matters most: delivering high quality, innovative digital experiences enabled by web, mobile, IoT, and 5G.”
"HeadSpin has achieved remarkable results in only four years,” said Deepak Jeevankumar, Managing Director of lead investor Dell Technologies Capital. “Not only has the team managed exceptional sales execution, but it created a new solution category that is now the standard for how the best consumer and enterprise G2000 companies ensure top-notch connected experiences for their users and customers. HeadSpin today is one of the fastest-scaling software companies I’ve seen in my 10 years of investing and has truly exceptional growth potential.”
Customers include established giants such as Walmart, MicrosoftVerizon Media, alongside startups such as Tinder, TikTok and Airbnb.