Modu

Company Overview

Snapshot

Founded in January 2007 by Dov Moran, Modu operated with 11–50 employees. The company raised $85 million across three funding rounds from three investors. A significant milestone for Modu was the acquisition of its patents by Google in May 2011.

Business overview

Modu Ltd. is a mobile handset manufacturer focused on modular mobile phone technology. The company developed a tiny modular mobile phone, recognized by Guinness World Records as the lightest phone globally, designed to be inserted into various phone enclosures and consumer electronic devices. Modu aimed to provide consumers with a customizable personal communication experience, serving the consumer electronics market within the Industrial Technologies sector.

Strategic signal

In May 2011, Google acquired Modu's patents for $4.9 million. This transaction signaled the strategic value of Modu's modular mobile technology and intellectual property, even as the company ceased operations. For investors, this highlights the potential for IP monetization in the mobile technology sector, even in cases where the core product line does not achieve sustained market penetration.

Company Intelligence Q&A

What was a key strategic development for Modu in 2011?

In May 2011, Google acquired Modu's patents for $4.9 million, marking a significant strategic development for the company.

When was Modu founded and by whom?

Modu was founded in January 2007 by Dov Moran.

What is Modu's primary product offering?

Modu developed a tiny modular mobile phone, known as 'modu', which holds the Guinness World Records for the lightest phone in the world.