3 years ago

Pelion Secures Growth Equity Funding from Scottish Equity Partners

  • Pelion, a UK-based Internet of Things (IoT) connectivity business, has received an undisclosed amount of equity funding from Scottish Equity Partners (SEP)

  • Pelion will use the funding to grow independently and invest in product development, sales, and customer support

  • The company's global connectivity management platform enables enterprise customers to connect end devices to applications through cellular connectivity, serving over 500 clients across various sectors.

      • ProblemTechnology

      "Businesses struggle to manage the complexities of connecting their devices to applications securely and reliably, especially with cellular networks."

      Solution

      "Pelion offers a cloud-based platform that simplifies device connectivity by managing cellular networks, enabling businesses to connect their devices to applications easily and securely. It also offers features like device management, data analytics, and security."

      Covered on