Smith Micro Software

Smith Micro Software

Develops mobile software for digital safety

About Smith Micro Software

Simplify's Rating
Why Smith Micro Software is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Cybersecurity

Company Size

201-500

Company Stage

IPO

Headquarters

Aliso Viejo, California

Founded

1982

Overview

Smith Micro Software develops software solutions that enhance mobile experiences and ensure digital safety. Their products, such as SafePath, CommSuite, and ViewSpot, help families manage their digital lives, provide voice messaging services, and allow mobile operators to engage customers with dynamic content. The software works by offering tools for device management and family protection, making it easier for users to navigate their digital environments safely. Unlike many competitors, Smith Micro focuses on licensing its software to mobile network operators and device manufacturers, providing ongoing support and updates to ensure customer satisfaction. The company's goal is to improve digital safety and enhance user experiences in the telecommunications sector.

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Simplify's Take

What believers are saying

  • Growing demand for family safety solutions boosts Smith Micro's market potential.
  • New marketing programs enhance SafePath's visibility and subscriber growth.
  • Partnerships with mobile operators expand Smith Micro's reach and revenue opportunities.

What critics are saying

  • Emerging digital safety platforms offer similar features at lower costs, threatening market share.
  • Rapid mobile OS evolution may lead to compatibility issues for Smith Micro's software.
  • Reliance on key clients for revenue exposes Smith Micro to financial instability.

What makes Smith Micro Software unique

  • Smith Micro offers SafePath, a comprehensive family safety solution for mobile operators.
  • The company provides white-label solutions, allowing operators to brand their own safety apps.
  • Smith Micro's global presence includes offices in the USA, Europe, and Sweden.

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Funding

Total Funding

$131M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Company Match

Company Equity

Paid Vacation

Hybrid Work Options

Company News

Business Wire
Oct 3rd, 2024
Smith Micro Founder and CEO Bill Smith to Invest $3.0 Million in Financing

Smith Micro Software, Inc.(the “Company” or “Smith Micro”) (NASDAQ: SMSI) today announced that it has entered into definitive agreements with respect

Yahoo Finance
May 13th, 2024
Smith Micro (SMSI) Unveils Marketing Programs for SafePath

Smith Micro Software SMSI recently launched an affiliate/influencer program and a retail store ambassador marketing program.

Stock Titan
May 10th, 2024
Smith Micro Announces Follow-on Offering | $SMSI Stock News

Smith Micro Software, Inc., a software development company that sells proven solutions to wireless service providers, today announced that it has entered into a definitive agreement with an investor for the issuance of an aggregate of 1,910,000 shares of its common stock or common stock equivalents in lieu thereof at a price of $2.15 per share, or common stock...

Business Wire
May 8th, 2024
Smith Micro Introduces New Affiliate Influencer And Retail Ambassador Marketing Programs For Promotion Of Its Safepath®-Based Solutions

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (Nasdaq: SMSI) today announced two new marketing programs to help drive subscriber growth of mobile operators’ SafePath-based solutions. The Company has launched its affiliate/influencer program, which will leverage affiliate and influencer marketing to reach consumers, spread awareness of the value of these solutions for families, and drive subscriber growth. In addition, the Company will soon launch a new retail store ambassador marketing program, which will create new opportunities to incentivize retail stores of partner brands to promote the solution and help more families with in-store signup for new subscriptions. “We are extremely excited to offer new and innovative ways to build awareness of and to promote SafePath-based solutions to gain further market penetration and subscriber growth,” said Charles Messman, vice president of marketing at Smith Micro. “Through our affiliate/influencer program, we will be able to manage the affiliate and influencer relationships for our carrier partners by providing a turnkey program that promotes their white-label SafePath offerings, reaching consumers who want family safety solutions

Business Wire
Apr 2nd, 2024
Smith Micro Announces New Agreement With A Mobile Operator In The Us For Deployment Of Its Safepath Platform

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has a signed a new agreement with a U.S.-based mobile operator for deployment of the SafePath® solution to its subscribers. “We are pleased to announce a new customer for our SafePath platform, who will be the first to launch SafePath Global™,” said William W. Smith, Jr., president, CEO, and chairman of the board of Smith Micro. “Our new SafePath Global deployment model allows for a significant acceleration of the delivery and launch of the application into the market, giving families peace of mind and delivering revenue faster.”. SafePath Global allows carriers of any size to offer all of the features of the SafePath app quickly and easily to their customers, enabling them to obtain a family safety solution from a wireless provider that they know and trust

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