SkyWave Mobile Communications

TelecomsSeries BOttawa, Canadaskywave.com

Latest round

Series B

Last raised

Oct 2002

Total raised

$22M

Investors

2

About SkyWave Mobile Communications

SkyWave Mobile Communications, Inc.Founded in 1997 and headquartered in Ottawa, Canada, SkyWave Mobile Communications, Inc. provides IoT solutions utilizing satellite and cellular technologies. The company was acquired by Orbcomm in November 2014 for USD 130 mn, a deal completed in January 2015.SkyWave Mobile Communications offers the SKYWAVE Connect partner program, delivering a suite of IoT solutions that leverage satellite and cellular connectivity. Their core products include the SC 1000, ST 6100, and ST 6000 satellite terminals, which enable real-time monitoring of environmental conditions and assets, particularly in remote areas.The revenue model for the SKYWAVE Connect partner program is based on B2B transactions, primarily through partnerships with IoT solution providers and system integrators. Typically, transactions are subscription-based where partners gain access to connectivity, hardware, and technical support.SkyWave Mobile Communications aims to expand its product offerings and market reach. Plans include the development of upcoming IoT products tailored for specific industry needs, enhancing the current suite of satellite terminals. The company is targeting expansions into new markets across Asia and South America by 2025.

Who invested in SkyWave Mobile Communications

2 investors across 2 rounds

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Funding rounds

  1. Series B

    Oct 29, 2002

    Amount

    $19M

    Investors

    Locked

  2. Series A

    Jun 1, 2000

    Amount

    $3M

    Investors

    Locked

Questions about SkyWave Mobile Communications

Who invested in SkyWave Mobile Communications?

SkyWave Mobile Communications has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SkyWave Mobile Communications raised?

SkyWave Mobile Communications has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SkyWave Mobile Communications last raise money?

SkyWave Mobile Communications's most recent round on record is a Series B, in Oct 2002.

What does SkyWave Mobile Communications do?

SkyWave Mobile Communications, Inc.

Where is SkyWave Mobile Communications headquartered?

SkyWave Mobile Communications is headquartered in Ottawa, Canada.

Which VCs invest in companies like SkyWave Mobile Communications?

Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at SkyWave Mobile Communications's stage. Their profiles are linked below.

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