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Blues Wireless Raises $32M To Accelerate Enterprise Adoption Of Cellular Iot

PRIVATEJan 05, 2023over 3 years ago

Amount Raised

$32 Million

BostonHardwareWireless

Description

Embedded connectivity startup Blues Wireless (Blues), today announced a $32 million Series A1 funding round led by Positive Sum, and including new investors Four Rivers, Northgate, and Qualcomm. Previous backers Sequoia, Cascade, Lachy Groom and XYZ also participated.

Company Information

Company

BLUES WIRELESS INC.

Location

2125 FIRST AVENUE #3202

Boston, Massachusetts, United States

About

The company has strong market signal, with rapid growth and demand from some of the world's leading companies to connect their products to the cloud securely, economically, and with unprecedented speed. "Blues will be exhibiting at CES in Las Vegas (Booth #10752, North Hall) from January 5-8 with the message that any company can cloud-connect their product using cellular. About Blues WirelessBlues Wireless (Blues) is a hyperscale cellular IoT solution provider founded in 2019 by serial entrepreneur Ray Ozzie.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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