# iS5 Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/is5-communications

- Industry: Telecoms
- Headquarters: Mississauga, Canada
- Website: www.is5com.com
- Total disclosed funding: $17M
- Latest round: Series B (Aug 7, 2018)
- Investors on record: 2

## About

iS5 Communications Inc. provides advanced cybersecure digital energy cloud platforms to modernize critical infrastructure networks, focusing on reliable performance and security to support Industrial Internet of Things (IIoT) initiatives.Founded in 2012, iS5 Communications Inc. is based in Mississauga, Canada, and specializes in enhancing critical infrastructure networks. The company has secured a total of 4 investment deals, with the latest being a Series B round in December 2022, where they raised CAD 22.00 mn led by Phoenix Contact Innovation Ventures. The firm was acquired by Phoenix Contact GmbH & Co. KG in December 2022, which aims to strengthen its market position in critical infrastructure networks.iS5 Communications specializes in providing advanced cybersecure digital energy cloud platforms aimed at modernizing and digitalizing critical infrastructure networks. Their core product offerings include the RAPTOR® SERIES INDUSTRIAL NETWORKING PLATFORM, which integrates intelligent edge computing, cybersecurity, and analytics technologies to facilitate the implementation of Industrial Internet of Things (IIoT) solutions. These products are engineered to perform reliably under harsh environmental conditions, operating within a temperature range of -40°C to +85°C, and are certified under international standards such as IEC 61850 and IEEE 1613. By targeting industries such as utilities, transportation, industrial, and defense, iS5 addresses critical use cases including the enhancement of power grid efficiency and the facilitation of Industry 4.0 initiatives. Their solutions are deployed globally, particularly across North America, Europe, and Asia, serving a diverse client base of enterprises that require robust and secure networking capabilities for their critical infrastructure.iS5 Communications generates revenue through a business-to-business (B2B) model, focusing on the sale of their hardware and software solutions to companies operating in critical infrastructure sectors. Transactions typically involve direct sales agreements where clients procure their flagship products, such as the RAPTOR® SERIES, which are tailored to meet specific operational needs. The company may also engage in partnerships with local sales subsidiaries, enhancing customer engagement and support. In addition to direct sales, they may offer subscription-based services that provide ongoing support, updates, and system enhancements. Clients opt for iS5 products based on their proven reliability and performance under demanding conditions, contributing to a sustainable revenue stream through repeat purchases and long-term relationships with key industries.In the wake of its acquisition by Phoenix Contact GmbH & Co. KG in December 2022, iS5 Communications plans to leverage its resources to enhance product offerings and expand into new markets. Specific initiatives include the ongoing development of new products aimed at critical infrastructure sectors, with a focus on launching innovative solutions tailored for the evolving demands of Industry 4.0. The recent funding will support these strategic developments as the company seeks to penetrate additional geographic regions, further establishing its foothold in markets across North America, Europe, and Asia.

## Funding rounds

- Series B, Aug 7, 2018, $17M — ClearSky Advisors LLC, Phoenix Contact Innovation Ventures

## Investors

- ClearSky Advisors LLC — Series B
- Phoenix Contact Innovation Ventures (https://capitalatlas.ai/funds/phoenix-contact-innovation-ventures) — Series B