COMPANY INFO
GenRad, originally known as General Radio Company, was founded on June 14, 1915, by Melville Eastham in Cambridge, Massachusetts. It was a prominent manufacturer of electronic test equipment and automatic test equipment, employing 1,524 people in 2001 before its merger; its website was genrad.com (archived). The company was known for producing high-precision electrical measurement instruments, including oscilloscopes, stroboscopes, and the Variac autotransformer, and it played a significant role in the electronic test equipment industry until it ceased operations in 2001, with its product lines acquired by Teradyne and IET Labs.
GenRad, originally known as General Radio Company, was founded in 1915 by Melville Eastham in Cambridge, Massachusetts. Operating in the electronic test equipment and automatic test equipment industry, GenRad established a reputation for manufacturing high-precision electrical measurement instruments—such as oscilloscopes, stroboscopes, and the Variac autotransformer. Before its merger in 2001, the company employed over 1,200 people and played a significant role in advancing the field of electronic test solutions globally.
Throughout its long history, GenRad funding reflected the evolving landscape of the technology and electronics sector. The company raised a reported total of $42.6M over several rounds, spanning seed funding, accelerators, and Series A rounds. GenRad investors included prominent venture capital firms and accelerator programs, demonstrating strong confidence in its phased-array radar technology and market expansion efforts. Key milestones in GenRad funding rounds included a major Series A in 2022 and a follow-on Series A1 to further scale operations, with earlier investments supporting foundational technology development and go-to-market initiatives.
This later-stage Series A1 funding round was aimed at scaling GenRad’s operations and supporting its expansion into broader markets for high-resolution 3D phased-array radar systems.
GenRad’s Series A round was used to accelerate the development and commercialization of its advanced radar technologies focused on aerospace, defense, wind energy, autonomy, and weather applications.
The seed round provided initial financial backing for the launch and early development of phased-array radar technology, laying the groundwork for GenRad's technical breakthroughs.
Additional accelerator/incubator support was used to fuel continued growth and market expansion, enabling GenRad to refine product offerings and reach new customers.
Early-stage accelerator and incubator participation assisted GenRad with foundational company growth and technological development.
Octave Ventures is a key GenRad investor, leading multiple funding rounds including Series A and Series A1. The firm played a crucial role in providing strategic capital and guidance as GenRad scaled its phased-array radar solutions.
Disruptive Technology Advisors co-led major investment rounds, backing GenRad’s mission to commercialize high-performance radar for demanding applications. Their commitment helped accelerate GenRad’s product development and market entry strategies.
Kleiner Perkins, a renowned venture capital firm, led GenRad's seed funding, enabling the company’s early technical innovations and market validation efforts.
Capital Factory participated as an accelerator, supporting GenRad during pivotal early growth stages and providing valuable resources and mentorship to the team.
Plug and Play Tech Center, a prominent accelerator and innovation platform, aided GenRad through both initial and follow-on accelerator rounds, enhancing the company’s access to industry networks and market insights.
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