floLIVE News
18 articles
Flolive, Kaleido Intelligence survey: network visibility a struggle for 72% of MVNOs, IoT service providers | IoT Now News & Reports
floLIVE, a global cellular infrastructure creator and IoT connectivity provider, has released a survey conducted by Kaleido Intelligence, revealing that 72% of IoT connectivity providers lack full visibility into network activity. The survey, which included responses from Mobile Virtual Network Operators (MVNOs) and IoT Service Providers (IoT SPs), found that only 27% provide customers with full network visibility and access. The lack of visibility can lead to security risks and cost overruns. The survey also highlighted the need for real-time network visibility and insights to understand device behaviour and detect anomalies.
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Global IoT Connectivity Made Possible by Telit Cinterion, floLIVE & Skylo Partnership
Telit Cinterion, an IoT solutions provider, has announced a new solution that combines cellular and satellite connectivity services on its ME910G1 and ME310G1 modules. The solution, developed in partnership with floLIVE and Skylo Technologies, enables the tracking and monitoring of mobile assets anywhere in the world. The solution is ideal for enterprises in transportation, logistics, construction, mining, agriculture and other sectors that require global connectivity with their mobile assets. The Telit Cinterion ME910G1 module is currently under certification and approval by Skylo, and the solution is set to debut in Europe and North America following the launch of the floLIVE-Skylo service in 2024.
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floLIVE & Kigen team-up with Protahub to provide local IoT cellular connectivity in Turkey
floLIVE, a global connectivity and network services provider for IoT, has partnered with Kigen, a global security leader in IoT, and Protahub, a technology company, to provide local connectivity services in Turkey. The partnership will allow OEMs, global enterprises, and mobile operators to obtain local IoT connectivity in Turkey via their existing eUICC compatible SIMs. The move is seen as a complex endeavor due to Turkeys unique requirements for local cellular connectivity. The companies are looking to replicate this success in other regions.
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Aware of the Benefits, Aware of the Future: floLIVE and Qualcomm Collab to Enhance Global Connectivity on Qualcomm Aware Platform
floLIVE Bags $47 Million for Hyperlocal Global Cellular Data Network
floLIVE, a provider of global connectivity, network and connectivity management platforms for IoT, has secured $47 million in a Series C funding round. The investment was co-led by Greenfield Partners and existing investors 83North, Qualcomm Ventures, Dell Technologies Capital, Saban Ventures and Hazelnut Partners. The funds will be used to expand its global presence through partnerships with more Mobile Network Operators (MNOs) and to enhance its multi-IMSI over eSIM technology. The company also plans to introduce integrated satellite connectivity and unveil innovative solutions like advanced location-based applications, network-based cybersecurity services and secure data routing to the market.
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FloLive, an IoT Networking Startup, Receives USD 47M
IoT networking startup FloLive raises $47M - SiliconANGLE
London-based IoT networking startup FloLive Ltd. has raised $47 million in a Series C funding round. The round was led by Greenfield Partners and 83North, with participation from Qualcomm Ventures, Dell Technologies Capital, Saban Ventures and Hazelnut Partners. FloLive offers a cloud platform, FloNet, that provides internet connectivity in multiple locations worldwide, allowing companies to access multiple carrier networks through a single API. The company plans to use the new funding to make more internet providers infrastructure accessible through FloNet and to roll out a satellite connectivity option.
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floLIVE raises $47 million for hyperlocal global cellular data network | CTech
floLIVE, an Israeli startup that has developed a hyperlocal global cellular network and provides global connectivity and network management platforms for IoT, has raised $47 million in a Series C funding round. The round was co-led by Greenfield Partners and existing investor 83North, with participation from Qualcomm Ventures, Dell Technologies Capital, Saban Ventures, and Hazelnut Partners. The company plans to use the funds to increase its global footprint by partnering with additional MNOs, expand its multi-IMSI over eSIM technology, and introduce new solutions to the market.
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IoT In Action: 5 Questions with Nir Shalom, Chief Executive Officer, FloLive.
FloLive, a global connectivity and networking solutions provider for IoT use-cases, has been discussing its unique position in the market. The company enables customers to onboard, connect and manage devices anywhere in the world, leveraging the latest technology such as eSIM and soft SIM. FloLive also offers a local core in many regions around the world via partnerships with local MNOs. The company recently closed a series B round of $21.5M, with investments from companies like Dell and Qualcomm. FloLive is also preparing for the advent of 5G and the changes it will bring to the market.
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FloLive Builds Cloud-Based Private Global IoT 5G Network - Energy Monitor
British startup FloLive has developed a cloud-based software-defined connectivity (SDC) solution, floNET, which combines private, local cellular networks to create private global IoT 5G networks for its customers. The solution provides control, flexibility, and security for building global IoT solutions. FloLive has raised $15.5M in venture funding from Intel, Qualcomm Ventures, Dell Technologies Capital, 83North, and Saban Ventures. The funds will be used to expand its services by building its tech stack, upgrading the existing network to 5G, and building a global SIM2Cloud offering in partnership with a global cloud provider.
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IoT connectivity co floLIVE raises $15.5m
Israeli Internet of Things (IoT) 5G connectivity company floLIVE has raised $15.5 million in a Series B financing round. The round was led by Intel Capital and included participation from existing investors Qualcomm Ventures LLC, Dell Technologies Capital, 83North, Saban Ventures and Arie Capital. The new funds will be used to roll out floLIVEs new global 5G network. The companys total funding now stands at $37 million. floLIVEs private 5G network is built atop its common Software-defined Connectivity (SDC) infrastructure, a cloud-native framework that provides the flexibility, performance and security required by the IoT ecosystem.
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floLIVE secures $15.5 million investment led by Intel Capital and launches new global 5G service
Israeli-founded IoT company, floLIVE, has raised $15.5 million in a Series B financing round led by Intel Capital, with participation from Qualcomm Ventures LLC, Dell Technologies Capital, 83North, Saban Ventures, and Arie Capital. The company, which offers advanced 5G network solutions and global IoT cellular connectivity services, plans to use the new funds to strengthen its technology stack, upgrade its global network to 5G, and build a global SIM2Cloud offering. The companys solutions are witnessing strong market traction from their target markets.
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FloLive, an IoT startup building cloud-based private 5G networks, raises $15.5M led by Intel | TechCrunch
FloLive, a startup that has developed a cloud-based solution to create private global IoT 5G networks, has raised $15.5 million in funding. The investment will be used to expand its service, upgrade its network to 5G, and build a global SIM2Cloud offering in partnership with an unnamed global cloud provider. The investment was led by Intel Capital, with participation from Qualcomm Ventures, Dell Technologies Capital, 83North, and Saban Ventures. This funding is an extension to a $21.5 million round that FloLive raised last year, bringing the total for the Series B to $37 million.
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By 2026, Cellular IoT Devices Will Hit a Global Total of 5.7 …
ABI Research predicts that by the end of 2020, 6.6 billion IoT devices will be connected worldwide, with 840 million using cellular networks. This represents a growth of over 4.5X since 2014. The firm also forecasts a further near-7X growth in cellular IoT devices over the next six years, bringing the global total to 5.7 billion. This growth is driving more specific and diverse demands from IoT customers, particularly in relation to roaming. ABI Research suggests that next-gen Connectivity Management Platforms (CMPs) and global connectivity coverage solutions are key to meeting these demands.
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BD Innovations Merging with floLIVE to Form New Telecommunication Partnership
BD Innovations, a software business support system company, has announced a merger with floLIVE, a cloud-based IoT connectivity service provider. The merger was completed in a stock-for-stock deal, and the new merged company will be named floLIVE. This announcement follows floLIVEs recent $21.5 million funding round led by 83North, with participation from Dell Technologies Capital, Saban Ventures, and Qualcomm Ventures LLC. The merged company will have 90 employees across multiple locations, with the management operating from the U.K. and the R&D center remaining in Israel. The CEO of the new merged company will be Nir Shalom, who previously served as the general manager of AT&T Israel.
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IoT connectivity co floLIVE raises $21.5m
floLIVE, an IoT connectivity management platform developer, has raised $21.5 million in a series B financing round. The funding was led by 83North and included participation from Dell Technologies Capital, Saban Ventures, and Qualcomm Ventures LLC. The companys Connectivity Management Platform combines globally distributed core networks, allowing customers to benefit from local connectivity while complying with regulations and ensuring high performance. As part of the funding round, floLIVE has appointed Nir Shalom as its new CEO. The company aims to become a leading provider of Global Connectivity Management Services, serving the growing demand for seamless, global, and secure connectivity services among enterprises.
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BD Innovations Opens to Virtual Operators and the IoT Market
BD-Innovations, an Israeli company specializing in software systems development for communication and infrastructure companies, has raised $2 million from a strategic investor group led by 4Mula Partners. The investment will be used to market the companys platform and expand its product offerings to CORE NETWORK. The investor group specializes in cellular communication networks and markets, offering products that complement those of BD-Innovations. The companys main area of expertise is in BSS, which forms the basis for billing and customer relationship management for global communication companies.
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IT Services Company BD Innovations Raises $2 Million
Israel-based BD Innovations has raised $2 million from a strategic group of investors. The investment will be used for marketing and to expand into the core network domain. BD Innovations offers a business support system for telecom services and has customers such as Melita Ltd., Etisalat, Bezeq, Cellcom, and Orange.
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