Cradlepoint recognized for success in addressing wireless technology needs in the machine-to-machine industry
Boise, ID – June 3, 2015 – Cradlepoint, the global leader in 4G LTE networking solutions for distributed enterprises, announced today that it has been honored with Frost & Sullivan’s Growth Excellence Leadership Award for machine-to-machine (M2M) communications in North America. The award was presented to companies that excel in driving growth and strive to be best in class in three key areas: meeting customer demand, fostering brand loyalty, and carving out a unique, sustainable market niche. Cradlepoint was recognized for its strong overall performance, innovative cloud-centric solutions, and customer focus in the M2M market.
“Cradlepoint is a dynamic company whose initiatives are founded on deep market expertise, forward-thinking ideas, and keen implementation of customer feedback,” said Brent Iadarola, vice president at Frost & Sullivan. “The company has proven to be a leading wireless solution provider that is at the forefront of M2M industry trends, and we are honored to recognize Cradlepoint with the Growth Excellence Leadership Award.”
Cradlepoint continues to evolve its solutions portfolio and expand its geographical footprint to address the unique needs of the distributed enterprise, including those applying M2M/IoT applications, parallel networking, and cloud-based services into their network. The Frost & Sullivan award combined with additional growth milestones—including the company’s recent Series B round of $48 million growth equity funding—demonstrates Cradlepoint’s leading position in the 4G LTE networking industry.
“Cradlepoint develops innovative solutions to meet the evolving technology requirements of distributed and mobile businesses. We are focused on delivering a best-in-class experience for each and every one of our customers, providing them the tools their unique businesses need to be successful. This approach has led to trusted, long-lasting relationships with some of the largest brands across the globe,” said George Mulhern, CEO at Cradlepoint. “We are honored to receive Frost & Sullivan’s Growth Excellence Leadership Award that recognizes the same values that we hold to such a high standard at Cradlepoint.”
Frost & Sullivan will recognize the companies, strategies, processes, and executives that have achieved world-class performance within their industries at the 2015 Excellence in Best Practices Awards Gala. The event will be held Thursday, July 16, 2015, at The Fairmont Copley Plaza in Boston, Massachusetts.
About Cradlepoint Cradlepoint is the global leader in cloud-managed 4G LTE networking solutions, providing secure business-grade connectivity to distributed enterprises with hundreds or thousands of locations. Specializing in Failover Solutions with OOBM, M2M-IoT, Transportation and Parallel Networking, Cradlepoint's award-winning solutions are purpose built for PCI-compliant networks. Cradlepoint was the first to pioneer and fully enable high-speed LTE solutions to maximize the potential of the cloud for businesses worldwide. Cradlepoint is a privately held company based in Boise, Idaho. Learn more at cradlepoint.com or follow us on Twitter @Cradlepoint.