Tech Company Financing Transactions
Helios Wire Funding Round
Private investors participated in a $4 million venture round for Helios Wire. The round was announced on 8/22/2017.
Transaction Overview
Company Name
Announced On
8/22/2017
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Proceeds Purpose
These funds will be allocated towards the development of the satellite-based IoT system that Helios is building.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
200 - 375 Water St. 8599
Vancouver BC, V6B 0M9
Canada
Vancouver BC, V6B 0M9
Canada
Phone
Website
Email Address
Overview
Helios Wire is bringing satellite-enabled machine to machine (M2M) and Internet of Things connectivity to the mass market by using priority mobile satellite system (MSS) S-band spectrum to build a two-way global satellite-enabled system for ultra-low-cost short burst data services covering connected assets.
Management Team
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Where The Data Comes From
We do our best to document tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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