Veebeam Limited is dedicated to bringing Internet video content to every TV. The company was created by the 2008 merger of Staccato Communications (San Diego, CA) and Artimi (Cambridge, UK), and has an office in Cambridge (UK). Veebeam Ltd. is privately held and venture backed by leading technology investors. The Veebeam team includes industry veterans with vast experience in bringing to market a wide array of consumer hardware - including wired and wireless Internet connectivity products. CEO Jerry Loraine has more than 20 years experience in the semiconductor and wireless communications industries in executive and senior management roles.
Company Growth (employees)
Type
Private
HQ
Cambridge, GB
Size (employees)
3 (est)
Veebeam is headquartered in Cambridge, GB

Key People/Management at Veebeam

Max Bautin

Max Bautin

Investor

Veebeam Office Locations

Veebeam has an office in Cambridge
Cambridge, GB (HQ)
Betjeman House

Veebeam Financials and Metrics

Summary Metrics

Total Funding

$6 m

Latest funding size

$6 m

Time since last funding

about 7 years

Investors

Veebeam's latest funding round in October 2010 was reported to be $6 m. In total, Veebeam has raised $6 m

Veebeam Financials

Veebeam's revenue was reported to be £629.9 k in FY, 2012 which is a 359% increase from the previous period.
GBP

Revenue (FY, 2012)

629.9 k

Revenue growth (FY, 2011 - FY, 2012), %

359%

Gross profit (FY, 2012)

389.1 k

Gross profit margin (FY, 2012), %

62%

Net income (FY, 2012)

(120 k)

EBIT (FY, 2012)

(147.6 k)

Cash (31-Dec-2012)

250.9 k
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012

Revenue

8.7 k122.8 k66020.2 k137.2 k629.9 k

Revenue growth, %

578%359%

Cost of goods sold

7.1 k110.3 k32417.4 k258 k240.8 k

Gross profit

1.6 k12.5 k3362.8 k(120.8 k)389.1 k
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012

Cash

264.8 k45.3 k222.8 k137 k427.8 k2.1 m516.1 k275.8 k87 k250.9 k

Accounts Receivable

28.2 k3.2 k1.6 k131.2 k

Inventories

143.8 k31.9 k31.3 k

Current Assets

354.7 k3.4 m2.8 m9.6 m7 m4.2 m1.7 m825.8 k353.1 k493.5 k
    GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012

    Net Income

    (344.2 k)(1.2 m)(2.9 m)(5.6 m)(7.7 m)(7.1 m)(2.2 m)(1.6 m)(1.2 m)(120 k)

    Cash From Operating Activities

    (7.4 m)(6.9 m)(7.7 m)(2.7 m)(988.5 k)(530 k)(3.1 k)

    Cash From Financing Activities

    12.4 m4.6 m3.8 m

    Net Change in Cash

    (85.8 k)290.8 k1.7 m(1.6 m)(240.3 k)(188.9 k)164 k
      Y, 2012

      Financial Leverage

      1.6 x
      Show all financial metrics

      Veebeam's Web-traffic and Trends

      Veebeam Online and Social Media Presence

      Veebeam Company Life and Culture

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