Cavli Wireless, A Leading Cellular Iot Semiconductor Company, Raises $10M Series-A To Accelerate Global Expansion
Amount Raised
$10 Million
Round Type
Series A
San JoseHardwareInvestors
Description
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.
Quick answer
Cavli raised $10 Million in a Series A round, dated July 12, 2023. Investors: Qualcomm Ventures and Chiratae Ventures. Cavli is based in San Jose, California, United States.
- How much did Cavli raise?
- Cavli raised $10 Million in a Series A round on July 12, 2023.
- Who invested in Cavli?
- Qualcomm Ventures and Chiratae Ventures are named as investors in this round.
- What does Cavli do?
- 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.
- Where is Cavli based and how big is it?
- Cavli is based in San Jose, California, United States. Fundz records about 51 employees.
- Who are the decision-makers at Cavli?
- Fundz holds 1 contact at Cavli. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware around the same time
Companies in the same sectors as Cavli that raised within 45 days of this round, from Fundz verified event records.
- FOSSA raised $4.5M (Seed) on August 25, 2023.
- Tranch raised $1.3M (Seed) on August 17, 2023.
- Miru Labs raised $750K (Seed) on August 17, 2023.
- PIVOTAL COMMWARE, INC. raised $102M (Series D) on August 17, 2023.
- Ostendio raised an undisclosed amount (Funding Round) on August 17, 2023.
- Guerrilla RF raised $1.5M (Seed) on August 14, 2023.
Who to call at Cavli, and when
A new round usually means Cavli is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cavli raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cavli, from your own LinkedIn network
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Funding Insights
What this usually meansCavli raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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