Satelles
Latest round
- Series C
Last raised
- Oct 2019
Total raised
- $26M
Investors
- 2
About Satelles
a. Satelles operates as a provider of satellite time and location services that help to accelerate the performance of global positioning systems and other navigation satellites. In March 2024, Iridium Communications, Inc. agreed to acquire an approximately 80% stake in Satelles, Inc. from Simon School Venture Fund and C5 Capital for around USD 115 million. Satelles offers satellite time and location (STL) services, a secure alternative to GPS. The company’s STL provides precise positioning, navigation, and timing (PNT) that functions effectively indoors and in challenging environments. The firm’s STL applications include timing synchronization for 5G networks, data centers, and financial services.
Who invested in Satelles
2 investors across 1 round
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Funding rounds
Series C
Oct 9, 2019
Amount
$26M
Investors
Questions about Satelles
Who invested in Satelles?
Satelles has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Satelles raised?
Satelles has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Satelles last raise money?
Satelles's most recent round on record is a Series C, in Oct 2019.
What does Satelles do?
Satelles is a telecoms company.
Where is Satelles headquartered?
Satelles is headquartered in Reston, US.
Which VCs invest in companies like Satelles?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at Satelles's stage. Their profiles are linked below.
VCs backing telecoms startups at Series C
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