CommSolid
Latest round
- Seed
Last raised
- Jul 2016
Total raised
- Undisclosed
Investors
- 2
About CommSolid
Founded in 2015 in Dresden, Germany, CommSolid GmbH focuses on cellular IoT solutions. The company was established by Matthias Weiss and Thomas Konrad, who have backgrounds in technology and innovation., Ltd.CommSolid specializes in providing advanced connectivity and cellular IoT solutions, focusing on ultra-low power consumption tailored for the rapidly evolving IoT markets. Their main product offerings include the Commsolid by Goodix NB-IoT solution, which enables seamless and reliable communication for a wide range of applications. These solutions leverage extensive industry experience, allowing for integration into various devices such as wearables, smart home devices, and industrial equipment. The company addresses critical use cases like gesture recognition through the integration of AIfES® technology, making it possible for users to classify gestures using their Android fitness devices or smartwatches.CommSolid generates revenue primarily through B2B transactions, partnering with manufacturers and developers in the IoT space to implement its solutions. Transactions typically occur through direct sales agreements or partnerships, where clients acquire the company's technology to integrate into their own products. This model allows clients to leverage CommSolid's proprietary technology, including its flagship NB-IoT solutions, enhancing their product offerings while providing secure and efficient connectivity. In addition to direct sales, CommSolid may engage in subscription-based models for ongoing support and updates, ensuring that clients remain at the forefront of IoT advancements.CommSolid is focused on innovating and launching new products, particularly in the field of IoT, with plans to enhance its NB-IoT offerings further. The company is strategically targeting expansion into North America and Asia by 2025, aiming to increase its client base in these regions., Ltd. will be utilized to support these initiatives, allowing for the enhancement of product development and market outreach.
Who invested in CommSolid
2 investors across 1 round
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Funding rounds
Seed
Jul 21, 2016
Amount
Undisclosed
Investors
Questions about CommSolid
Who invested in CommSolid?
CommSolid 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 CommSolid raised?
CommSolid has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did CommSolid last raise money?
CommSolid's most recent round on record is a Seed, in Jul 2016.
What does CommSolid do?
Founded in 2015 in Dresden, Germany, CommSolid GmbH focuses on cellular IoT solutions.
Where is CommSolid headquartered?
CommSolid is headquartered in Dresden, Germany.
Which VCs invest in companies like CommSolid?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back marketing/advertising companies at CommSolid's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Seed
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