Myriota Raises $19.3M USD in Series B Funding to Grow Its Satellite Network to Support Billions of Devices
Myriota Raises $19.3M USD in Series B Funding to Grow Its Satellite Network to Support Billions of Devices
04/06/20, 1:02 PM
Location
adelaideMoney raised
$19 million
Round Type
series b
Myriota, the world leader in low-cost and low-power satellite connectivity for the Internet of Things (IoT), announced a $19.3M USD Series B funding round led by Hostplus and Main Sequence Ventures. Additional investors include In-Q-Tel, Inc., Right Click Capital, Singtel Innov8, Boeing HorizonX, South Australian Venture Capital Fund, and Malcolm Turnbull – the former Australian Prime Minister who led the government that established the Australian space agency in 2017. This latest round of funding brings Myriota’s total funding to more than $37M USD.
Company Info
Location
adelaide, south australia, australia
Additional Info
Myriota has pioneered a new way to retrieve data from anywhere on earth, either on land or at sea. In a landmark partnership with Spire Global, Myriota will deliver near real-time IoT connectivity by the end of 2022!
Leveraging years of customer focused R&D and an extensive suite of patented innovations, Myriota delivers secure, low-cost, long-battery life satellite IoT connectivity.