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Cavli Wireless, A Leading Cellular Iot Semiconductor Company, Raises $10M Series-A To Accelerate Global Expansion

07/12/23, 5:52 PM

Location

san jose

Money raised

$10 million

Industry

hardware

Round Type

series a

Investors

Qualcomm Ventures, Chiratae Ventures

A leading player in the Cellular IoT ecosystem, Cavli Inc. (brand name “Cavli Wireless” or “Cavli”) announced the closure of its $10 million Series A round from global investors. The round is led by Chiratae Ventures and Qualcomm Ventures. In addition, a major US technology conglomerate also participated in the round.

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Company Info

Company

Cavli

Location

99 south almaden blvd., suite 600

san jose, california, united states

Additional Info

At Cavli Wireless, we are building the next generation of IoT connectivity management technology with our line of intelligent hardware, network access solution and modem management cloud. We bring to market a unique line of eSIM integrated smart IoT modules that are pre-loaded with local LTE,LPWAN, 5G* network connectivity and can be managed at scale with our flagship connectivity management platform solution - Cavli Hubble. We work with Cellular network providers around the world to faciliate local connectivity, so that IoT product makers get to focus on what really matters to them - improving their customer experience, and forget about the hassles of getting their devices smart connected.

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Trends

	Raised	Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.
san jose	$356 M	-60.1%
hardware	$967.2 M	-12.4%