Link Labs, an Annapolis, MD-based developer of low-power, wide-area network (LPWAN) technologies for the Internet of Things (IoT), closed a $5.7m funding.
The round was led by TCP Venture Capital, with participation from the Maryland Venture Fund, Blu Venture Investors, and individual and existing investors.
The company intends to use the funds to expand its distribution channel and open up additional international markets and new applications.
Led by Brian Ray, CEO, Link Labs Link Labs developed Symphony LinkTM technology that provides two-way, low data rate, long range connectivity for Internet-connected devices. With customers around the world, the company powers a range of IoT applications across industries, including smart cities, agriculture, building controls, automotive, healthcare, government, defense, retail, and utilities.
The line features a low and high power module, repeaters, an 8-channel gateway (indoor and outdoor versions) as well as 24- and 64-channel base stations to allow developers to bring long-range communications to their devices and network operators to cover cities and regions with a range of base stations and repeater technologies.
These devices are FCC-certified for operation in the 915 MHz ISM band and ETSI-compliant for use in the 868 MHz band in Europe and are capable of licensed or unlicensed deployment from 137 MHz-1020 MHz.
FinSMEs
25/08/2015