Myriota
Latest round
- Series B
Last raised
- Dec 2023
Total raised
- $42M
Investors
- 18
About Myriota
Founded in 2015 in Adelaide, Australia, Myriota Pty Ltd specializes in satellite IoT connectivity.Myriota specializes in delivering secure satellite IoT connectivity solutions through its core offerings, which include Myriota HyperPulse and Myriota UltraLite. The Myriota HyperPulse provides high-speed, standards-based connectivity optimized for applications requiring rapid and extensive data transmission, while Myriota UltraLite focuses on ultra-low-cost, low-power connectivity ideal for remote and long-term deployments. These products enable seamless IoT connectivity across various industries, including agriculture, water management, oil and gas, and heavy equipment. The company’s solutions serve a diverse clientele that includes sensor manufacturers, systems integrators, and utility providers, facilitating critical operations such as remote tank monitoring and water consumption management.Myriota's revenue model is primarily based on subscription services and partnerships, allowing clients to leverage its satellite connectivity solutions effectively. The company engages in direct transactions with businesses that require IoT connectivity, providing tailored solutions to meet their specific needs. Its flagship products, like Myriota HyperPulse and Myriota UltraLite, are offered under structured pricing plans that cater to various deployment scenarios, including agriculture and water management applications. Revenues are generated through these service subscriptions, where clients can access satellite connectivity on a recurring basis, ensuring continuous data transmission and monitoring capabilities. The company plans to launch new products designed for diverse markets, focusing on expanding into regions such as Asia and Europe by 2025.
Who invested in Myriota
18 investors across 3 rounds
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Questions about Myriota
Who invested in Myriota?
Myriota has 18 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Myriota raised?
Myriota has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Myriota last raise money?
Myriota's most recent round on record is a Series B, in Dec 2023.
What does Myriota do?
Founded in 2015 in Adelaide, Australia, Myriota Pty Ltd specializes in satellite IoT connectivity.
Where is Myriota headquartered?
Myriota is headquartered in Adelaide, Australia.
Which VCs invest in companies like Myriota?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Movac back internet companies at Myriota's stage. Their profiles are linked below.
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