Amount Raised
$50 Million
Round Type
Funding Round
ColombesHardwareInternet Of ThingsDescription
Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today the signing of a $50 million private financing with Lynrock Lake Master Fund LP, a fund managed by Lynrock Lake LP (“Lynrock Lake”), an investment management firm with approximately $1.2 billion of assets under management. The financing consists of $10 million of American Depository Shares (ADS) and $40 million principal amount of convertible debt. The financing is scheduled to close April 9, 2021.
Quick answer
Sequans Communications raised $50 Million in a Funding Round round, dated April 7, 2021. Sequans Communications is based in Colombes, Ile De France, France.
- How much did Sequans Communications raise?
- Sequans Communications raised $50 Million in a Funding Round round on April 7, 2021.
- What does Sequans Communications do?
- Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT.
- Where is Sequans Communications based and how big is it?
- Sequans Communications is based in Colombes, Ile De France, France. Fundz records about 238 employees.
- Who are the decision-makers at Sequans Communications?
- Fundz holds 2 contacts at Sequans Communications. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Internet Of Things around the same time
Companies in the same sectors as Sequans Communications that raised within 45 days of this round, from Fundz verified event records.
- DynamiCare Health, Inc. raised $550K (Seed) on May 19, 2021.
- Edge Impulse raised $15M on May 18, 2021.
- Furnishare Inc raised $5M (Seed) on May 18, 2021.
- MYTHIC raised $70M (Series C) on May 11, 2021.
- Lightmatter raised $80M (Series B) on May 6, 2021.
- WEEKS COMMUNICATIONS INC raised $2M (Seed) on May 3, 2021.
Who to call at Sequans Communications, and when
A new round usually means Sequans Communications is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sequans Communications raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sequans Communications, from your own LinkedIn network
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Related People
Sequans Communications 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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