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IoT connectivity startup Teal Communications raises $9.1M April 19, 2021 at 4:48 pm Teal Communications co-founders Robert Hamblet (left) and Michael Johnston. (Teal Photo) New funding: Teal Communications raised $9.1 million for its networking service used by Internet of Things device operators and others. The tech: The Seattle-area startup operates an “eSIM platform” that lets companies connect their IoT devices to thousands of carriers by installing a standard or physically embedded SIM card. The startup has customers across industries such as oil & gas, healthcare, transportation, ...
Share this article Share this article BELLEVUE, Wash., April 20, 2021 /PRNewswire/ -- Bellevue-based startup Teal Communications has raised $9.1 million to fuel its intelligent eSIM platform for IoT and private networks and to expand its services into new verticals. Teal Communications, Inc. The company's Series A is led by StageDotO Ventures, an early-stage investment fund with offices in Seattle, Washington, and Boise, Idaho. Stormbreaker Ventures, Capital Eleven, Accellius Capital, the Alliance of Angels (AoA), and principals of Steelhead Partners also participated in the round. Addition...
April 20, 2021·1 min read Bellevue-Based Startup Teal Communications Raises $9.1M to Expand Intelligent eSIM Platform, Enabling Global IoT and Private Network Services Bellevue-based startup Teal Communications has raised $9.1 million to fuel its intelligent eSIM platform for IoT and private networks and to expand its services into new verticals. The company’s Series A is led by StageDotO Ventures, an early-stage investment fund with offices in Seattle, Washington, and Boise, Idaho. Stormbreaker Ventures, Capital Eleven, Accellius Capital, the Alliance of Angels (AoA), and principals of...