Soracom, a Seattle, WA-based provider of advanced connectivity for the Internet of Things (IoT), received an investment from Suzuki Global Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to develop mobility services that can establish an infrastructure for business and daily life in a connected, sustainable society.
Soracom is a technology partner to more than 20,000 startups, SMBs and enterprises, connecting more than 6 million IoT devices globally, and offers solutions specifically designed to make it easy to build, operate, and scale IoT deployments. Customers use it for reliable connectivity that accelerates speed to market, enabling them to connect to any cloud, and offers access to a worldwide partner ecosystem.
Soracom and Suzuki signed an agreement on February 27, 2024 to utilize advanced IoT technologies in the mobility services sector. The two companies are exploring the possibility of collaborating on the use of IoT advanced technologies for mobility services, including electric vehicles, new products such as electric mobility base units, and initiatives to support carbon neutrality in the global market.
The two companies will work together to develop mobility services that can establish an infrastructure for business and daily life in a connected, sustainable society.
FinSMEs
28/03/2024