# NimbeLink

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nimbelink

- Industry: Software
- Headquarters: Plymouth, US
- Website: www.nimbelink.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Mar 15, 2016)
- Investors on record: 1

## About

NimbeLink Corp. is a technology company that specializes in IoT connectivity solutions, offering cellular modules and cloud services to enhance device communication and data management across various sectors.Founded in 2013 and headquartered in Plymouth, US, NimbeLink Corp. focuses on providing IoT connectivity solutions. The company has engaged in 5 deals, with the most recent one dated January 7, 2021, when it was acquired by Airgain. Scott Schwalbe serves as the CEO, leading the firm in its mission to address connectivity challenges in diverse industries.NimbeLink specializes in providing comprehensive solutions for IoT (Internet of Things) connectivity through its core products, which include cellular connectivity modules and cloud-based services. The company’s flagship offerings are designed to enable seamless communication between devices and the internet, facilitating applications in various sectors including agriculture, transportation, and industrial automation. These products are geared towards solving challenges related to device connectivity, data transmission, and remote monitoring, having been released to meet the growing demands of enterprises seeking efficient IoT implementations. NimbeLink serves a diverse client base, including manufacturers, developers, and system integrators, primarily in North America and Europe, where the demand for reliable IoT solutions continues to rise. By focusing on industries that require robust connectivity, NimbeLink addresses critical needs such as operational efficiency and data-driven decision-making.NimbeLink generates revenue through a combination of direct sales and subscription-based services related to its IoT connectivity solutions. The company typically engages in B2B transactions, establishing partnerships with enterprises that require tailored IoT deployment strategies. Its transactional structure involves selling cellular modules directly to manufacturers and offering cloud services on a subscription basis, allowing clients to manage and analyze their IoT data effectively. NimbeLink's pricing strategy reflects the value of its patented technologies and customizable solutions, providing clients with a scalable framework that aligns with their specific usage needs. By offering a mix of hardware and cloud services, NimbeLink positions itself strategically within the IoT ecosystem, catering to industries determined to enhance their operational capabilities.Following its acquisition by Airgain in January 2021, NimbeLink Corp. aims to leverage new market opportunities and enhance its product offerings. The company plans to launch new IoT solutions tailored for specific sectors, with anticipated releases within the next year. Additionally, NimbeLink is targeting expansion into European markets to meet the rising demand for IoT solutions, aiming for a strategic footprint by the end of 2022. The recent funding will support these initiatives, facilitating the development of innovative products and market entry strategies.

## Funding rounds

- Series A, Mar 15, 2016, $2.5M — First Analysis

## Investors

- First Analysis (https://capitalatlas.ai/funds/first-analysis) — Series A