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How Much Did Splashtop Raise? Headquarters, Funding & Key Investors

Splashtop has raised approximately $15 M in its Series E-II round (March 2021), $50 M in its Series E round (January 2021), and earlier rounds bringing total funding to around $110 M. Backed by firms such as Sapphire Ventures and New Enterprise Associates (NEA), the company achieved a valuation of about $1 B in early 2021. Founded in 2006, Splashtop focuses on remote access and support software for enterprises, education and IT operations, and is now scaling globally to capitalise on the growth in work-from-anywhere and distributed infrastructure markets.

    Splashtop, founded in 2006, is a San Jose (California, United States)-based enterprise software company. With a team of around 201-500 employees as of mid-2024, it develops remote-access, remote-support and endpoint-management solutions for businesses, MSPs and educational institutions. Its platform enables secure, high-performance access to desktops and devices across locations, supporting IT operations, collaboration and hybrid-work models. Positioned at the nexus of enterprise collaboration and IT infrastructure, Splashtop serves organisations aiming to modernise how users connect, interact and support devices remotely.

    What Is Splashtop and What Does It Do?

    Splashtop, founded in 2006 by Mark Lee, Robert Ha, Thomas Deng and Philip Sheu, is a San Jose (United States)-based enterprise software company. The company develops and offers secure remote-access, remote-support and endpoint-management software for businesses, education, and MSPs. 

    Splashtop employs between 201 and 500 people. Its platform enables users and IT teams to remotely access desktops and devices from anywhere, manage support, share screen,s and collaborate, delivering a high-performance, cost-effective alternative to legacy VPNs and remote solutions in the enterprise and IT-operations market.

    How Much Funding Has Splashtop Raised?

    1. Series E-II

    • Amount Raised: $15 M
    • Date: March 2021 
    • Lead Investors: DFJ DragonFund, NEA, Sapphire Ventures, Storm Ventures 
    • Motivation: To complete funding at unicorn valuation and accelerate expansion.

    2. Series E

    • Amount Raised: $50 M
    • Date: January 2021
    • Lead Investors: Sapphire Ventures (with NEA, Storm Ventures) 
    • Motivation: To achieve unicorn status (valuation >$1B) and scale product-led growth globally.

    Total Funding Raised: $110 Million

    Current Valuation: $1 Billion (as of Jan 2021)

    Latest Funding Date: March 2021

    Key Investors

    1. Sapphire Ventures

    • Details: U.S.-based growth-stage VC firm with deep enterprise software focus.
    • Investment Focus Areas: Enterprise software, B2B SaaS, category-leaders scaling globally.
    • Notable Investments: Splashtop, LinkedIn, Box, among others.

    2. New Enterprise Associates (NEA)

    • Details: One of the largest global venture capital firms investing across stages.
    • Investment Focus Areas: Enterprise software, IT infrastructure, digital transformation.
    • Notable Investments: Splashtop, Coursera, Robinhood, many enterprise tech companies. 

    Where Is Splashtop’s Headquarters?

    Splashtop is headquartered in San Jose, California, United States. This Silicon Valley location offers access to top-tier engineering talent, a rich ecosystem of enterprise software firms, and proximity to major corporate customers.

    What’s Next for Splashtop?

    Splashtop is positioned to expand its enterprise footprint globally especially in EMEA and APAC markets leveraging increased demand for remote-work and IT-operations solutions. It aims to deepen its product stack with enhanced collaboration features, security capabilities, and endpoint-management integrations. 

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