# Simo Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simo-holdings

- Industry: Telecoms
- Headquarters: Sunnyvale, US
- Website: www.simowireless.com
- Total disclosed funding: $3.1M
- Latest round: Series A (Jun 15, 2011)
- Investors on record: 1

## About

Simo Holdings, Inc. specializes in advanced wireless communication solutions, offering innovative products that enhance data connectivity and streamline communication across diverse sectors, including telecommunications and healthcare.Founded in 2008 and headquartered in Sunnyvale, US, Simo Holdings, Inc. develops advanced wireless communication technologies. The company successfully raised USD 3.1 mn in a Series A funding round on June 15, 2011, led by GSR Ventures. No significant company pivots or changes in operations are noted, and there is no mention of subsidiaries or parent companies.Simowireless.com provides a range of advanced wireless communication systems aimed at enhancing connectivity and addressing challenges such as reliability, speed, and security. Their products cater to various sectors, including commercial enterprises and industrial applications, supporting clients in North America and Europe with mission-critical operations.Simowireless.com generates revenue through direct sales of wireless products and subscription services for ongoing support and software updates. Transactions are primarily B2B, enabling businesses to integrate their systems into existing infrastructures, with tailored pricing based on client specifications.Following the latest funding round in June 2011, Simo Holdings plans to utilize the USD 3.1 mn raised to support the development of new products aimed at expanding its market presence. The company is focused on entering additional geographic regions and enhancing its offerings, with specific plans for market entry and product launches yet to be disclosed.

## Funding rounds

- Series A, Jun 15, 2011, $3.1M — GSR Ventures

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A