Sensoro Completes Multi-Million Dollar Series C Financing

Sensoro, a Seattle, WA-based Internet of Things technology service provider, completed a multi-million dollar Series C round of financing.

Backers included Baidu Ventures, Northern Light Venture Capital, Robert Bosch Venture Capital and Chaos Investment, among other institutions.

The company intends to use the funds to continue developing IoT technology, accelerate the global expansion of its IoT products and gain competitiveness.

Co-founded in 2013 as part of Microsoft Ventures, Sensoro has developed a small Internet of Things LPWAN chip, and has a wide range of products that include communication modules, sensors, communication base stations and cloud services.
The company has provided IoT solutions and services to more than 700 brands all over the world, including companies and organizations such as Microsoft, Google, Real Madrid FC, Bosch or Sumitomo.

FinSMEs

12/04/2018