ACiiST Smart Networks
Latest round
- Seed
Last raised
- May 2021
Total raised
- Undisclosed
Investors
- 2
About ACiiST Smart Networks
ACiiST Smart Networks Ltd.Founded in Herzliya, Israel in 2016, ACiiST Smart Networks Ltd. focuses on providing advanced outdoor connectivity solutions using its unique technology.ACiiST's core offering is the ACiiST Smart Edge Network, a modular outdoor connectivity platform that utilizes existing street or highway lighting infrastructure to connect various outdoor cameras and sensors. This innovative technology leverages a single fiber daisy chain managed by serverless, distributed software to enhance communication across urban areas. The solution is designed to address the challenges of Smart Cities and Smart Roads, providing high availability through multi-path redundancy and flexible connectivity options. Targeted end users include municipalities and urban planners looking to upgrade the functionality and efficiency of their metropolitan environments.ACiiST's revenue model is built on partnerships and B2B transactions with municipal governments and urban infrastructure developers. The company generates income through the sale and installation of its Smart Edge Network solutions, complemented by ongoing service agreements for maintenance and support. These contracts include various pricing structures, potentially spanning from one-time installation fees to subscription-based models for software access and updates. ACiiST's flagship product, the Smart City Cyber Switch, forms the basis of its revenue-generating offerings, which focus on enhancing outdoor connectivity and security in urban settings. plans to develop and launch new products that enhance urban connectivity. The company is targeting expansion into additional markets within North America and Europe, aiming for a broader presence by the end of 2023.
Who invested in ACiiST Smart Networks
2 investors across 1 round
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Funding rounds
Seed
May 20, 2021
Amount
Undisclosed
Investors
Questions about ACiiST Smart Networks
Who invested in ACiiST Smart Networks?
ACiiST Smart Networks has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ACiiST Smart Networks raised?
ACiiST Smart Networks has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ACiiST Smart Networks last raise money?
ACiiST Smart Networks's most recent round on record is a Seed, in May 2021.
What does ACiiST Smart Networks do?
ACiiST Smart Networks is a it infrastructure company.
Where is ACiiST Smart Networks headquartered?
ACiiST Smart Networks is headquartered in Herzliya, Israel.
Which VCs invest in companies like ACiiST Smart Networks?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back it infrastructure companies at ACiiST Smart Networks's stage. Their profiles are linked below.
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