Company Overview
Snapshot
Founded in October 2016 by Sagi Gurfinkel and Ran Kalif, ACiiST Smart Networks operates with 1–10 employees. The company has raised $1 million across one funding round from SOSV and Highroad. In January 2023, ACiiST Smart Networks secured $2.5 million in funding to expand its camera network for smart cities, focusing on growth in the USA and Europe, and R&D for 5G infrastructure and cybersecurity.
Business overview
ACiiST Smart Networks specializes in industrial technologies, providing smart city network solutions by leveraging existing street and highway lighting infrastructure. Their core technology enables robust ethernet connectivity for outdoor cameras and sensors, enhancing security and improving metropolitan functionality. The company serves municipalities, seaports/airports, highway companies, and state security/defense organizations, with business customers including system integrators, power and light companies, operators, telecommunications, and engineering firms.
Strategic signal
In January 2023, ACiiST Smart Networks raised $2.5 million from investors including SOSV and HIGHROAD. This funding is earmarked for strategic expansion into the USA and European markets, alongside significant R&D investments in 5G infrastructure and cybersecurity. This signals strong investor confidence in ACiiST's modular connectivity platform and its potential to capture a larger share of the over $50 billion annual market for edge connectivity devices in smart city applications.
Log in to access full profile ›Company Intelligence Q&A
- What was ACiiST Smart Networks' most recent funding round?
- In January 2023, ACiiST Smart Networks raised $2.5 million from investors including SOSV and HIGHROAD. This funding is intended for growth in the USA and Europe, and for research and development in 5G infrastructure and cybersecurity.
- What is ACiiST Smart Networks' core technology?
- ACiiST Smart Networks provides a modular connectivity outdoor platform that utilizes existing street and highway lighting infrastructure to connect cameras and sensors, delivering robust ethernet connectivity for smart city applications.
- Which markets does ACiiST Smart Networks target?
- ACiiST Smart Networks targets municipalities, seaports/airports, highway companies, and state security/defense organizations, with business customers including system integrators, power and light companies, operators, telecommunications, and engineering companies.
- When was ACiiST Smart Networks founded and by whom?
- ACiiST Smart Networks was founded in October 2016 by Sagi Gurfinkel and Ran Kalif.
- What was ACiiST Smart Networks' partnership with Peachtree Corners?
- In May 2022, Peachtree Corners, a smart city in the United States, announced a partnership with ACiiST Smart Networks. This collaboration enables the deployment of connected infrastructure network solutions for various mobility technologies on Peachtree Corners' smart city streets, facilitating communication with minimal disruption and streaming data to the Curiosity Lab's IoT Control Room.