2 years ago

floLIVE Secures $47 Million in Series C Funding to Expand Global IoT Connectivity

  • floLIVE, a UK-based provider of global connectivity for IoT, has raised $47 million in Series C funding led by Greenfield Partners and existing investor 83North

  • The funding will be used to expand the company's global presence, develop new technologies, and introduce new solutions to the market

  • floLIVE operates a hyperlocal global cellular data network that spans all continents and offers localized connectivity in a streamlined manner

  • The company's network is designed to comply with emerging privacy acts, data regulations, and roaming restrictions.

      • ProblemTechnology Infrastructure

      "Businesses struggle to manage and connect their IoT devices across different countries due to complex network infrastructure, high roaming costs, and data security concerns."

      Solution

      "floLIVE offers a global cellular data network with hyperlocal POPs and a platform that simplifies IoT connectivity management, enabling businesses to connect their devices securely and affordably across multiple countries, regardless of location or network restrictions."

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