# ORBCOMM

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

- Industry: Telecoms
- Headquarters: Rochelle Park, US
- Website: www.orbcomm.com
- Total disclosed funding: $72M
- Latest round: Series B (Dec 31, 2005)
- Investors on record: 6

## About

Based in New Jersey, US, and founded in 2011, ORBCOMM Inc. operates as a satellite communications company. Since its inception, the company has made several acquisitions, acquiring SkyWave Mobile Communications, Inc. in November 2014, InSync Software in January 2015, Skygistics in April 2016, and Blue Tree Systems Ltd in October 2017. In November 2006, the company made an initial public offering (IPO) of USD 101.5 million on Nasdaq, under the ticker ORBC. In September 2021, GI Partners fully acquired ORBCOMM Inc.

The company provides asset tracking services and machine-to-machine (M2M) solutions around the world through a global network of low-Earth orbit satellites and accompanying ground infrastructure. ORBCOMM Inc. also provides IoT (Internet-of-Things) solutions to track, monitor, and control the requirements in heavy equipment, maritime, transportation, intermodal, naturual resources, and government.

The company generated USD 248.47 million in revenue in the 2020 financial year.

## Funding rounds

- Series B, Dec 31, 2005, $72M — Ridgewood Capital, Pacific Corporate Group, Northwood Ventures, MH Equity Investors, Torch Hill Capital, OHB SE

## Investors

- Ridgewood Capital (https://capitalatlas.ai/funds/ridgewood-capital) — Series B
- Pacific Corporate Group (https://capitalatlas.ai/funds/pacific-corporate-group) — Series B
- Northwood Ventures (https://capitalatlas.ai/funds/northwood-ventures) — Series B
- MH Equity Investors — Series B
- Torch Hill Capital — Series B
- OHB SE — Series B