SkyWave Mobile
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $12.3m | Series B | |
N/A | - | ||
N/A | Late VC | ||
$130m Valuation: $130m | Acquisition | ||
Total Funding | $12.3m |
Recent News about SkyWave Mobile
EditSkywave, operating under the ORBCOMM brand, is a prominent provider of industrial Internet of Things (IoT) and Machine to Machine (M2M) communication solutions. The company specializes in remotely tracking, monitoring, and controlling both fixed and mobile assets, regardless of their location. Skywave serves a wide range of industries, including transportation and distribution, heavy equipment, oil and gas, maritime, and government sectors.
Skywave's business model revolves around offering comprehensive solutions that integrate multi-network connectivity, advanced devices, and powerful applications. The company generates revenue through subscription-based services, providing clients with affordable monthly plans that eliminate upfront hardware costs. This model ensures a steady stream of recurring income while offering clients cost-effective and scalable solutions.
Skywave's core products include telematics systems for fleet management, smart reefer containers, and dual-mode satellite cellular devices. These products enable clients to make data-driven decisions, optimize asset utilization, and enhance operational efficiency. By leveraging cutting-edge technology and a robust network infrastructure, Skywave ensures reliable and seamless communication for its clients' critical operations.
Keywords: Industrial IoT, M2M communication, asset tracking, fleet management, telematics, multi-network connectivity, smart containers, satellite cellular devices, data-driven decisions, operational efficiency.