Wireless Logic, a London, UK-based independent global Internet of Things (“IoT”) solutions provider, received a minority investment from General Atlantic.
Existing shareholder Montagu remained the majority shareholder, reinvesting alongside General Atlantic.
The company intends to use the funds to expand operations and its business reach.
Founded in 2000 and led by CEO Oliver Tucker, Wireless Logic specializes in IoT connectivity, dedicated to bridging the physical and digital worlds with, secure, and scalable solutions for businesses in any sector. The platform helps clients from a diverse range of industries connect and manage all their IoT devices, no matter the device, geography or network, in a single platform.
With more than 18 million IoT devices connected across 165 countries to over 750 global networks, Wireless Logic provides global coverage and ultra-local services that help to fast-track the success of customer projects.
The transaction values Wireless Logic at £3.5 Billion.
FinSMEs
21/05/2025