MMB Networks
Latest round
- Series B
Last raised
- Jan 2016
Total raised
- $10M
Investors
- 5
About MMB Networks
Founded by Alireza Motamed, MMB Networks is headquartered in Toronto, Canada, focusing on smart energy applications., and VentureLink.MMB Networks specializes in providing advanced connectivity solutions for smart energy applications through a range of communication modules and gateways, including Zigbee, WiFi, Bluetooth, and Thread technologies. Their core product offerings focus on enabling seamless, scalable, and secure communication networks that support diverse use cases such as smart metering, street lighting, solar tracking, and distribution automation. By integrating their technologies, municipalities, utilities, and businesses can efficiently manage energy consumption and enhance operational sustainability.MMB Networks operates on a B2B model, generating revenue through the sale of its communication modules and development services, which are provided to Fortune 500 companies and innovative enterprises within the energy sector and Internet of Things (IoT) industries. Transactions typically involve direct sales agreements whereby clients purchase pre-certified modules or engage in design and development partnerships to create tailored solutions. The company’s flagship products, such as the Wi-SUN Module and various Zigbee solutions, support customers in launching their smart energy projects efficiently. Upcoming products are expected to be designed to further integrate smart energy solutions by the end of 2017. The company aims to increase its presence in Europe and Asia, targeting specific energy sectors in these regions to establish partnerships and offer its advanced connectivity solutions.
Who invested in MMB Networks
5 investors across 2 rounds
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Questions about MMB Networks
Who invested in MMB Networks?
MMB Networks has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MMB Networks raised?
MMB Networks has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did MMB Networks last raise money?
MMB Networks's most recent round on record is a Series B, in Jan 2016.
What does MMB Networks do?
Founded by Alireza Motamed, MMB Networks is headquartered in Toronto, Canada, focusing on smart energy applications.
Where is MMB Networks headquartered?
MMB Networks is headquartered in Toronto, Canada.
Which VCs invest in companies like MMB Networks?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at MMB Networks's stage. Their profiles are linked below.
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