Round Type
Debt Financing
VancouverOtherHardwareSoftwareMobileInternet ServicesDescription
Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced that it has entered into a credit agreement for a new debt financing facility with CIBC Innovation Banking as administrative agent, and CIBC Innovation Banking and the Business Development Bank of Canada (BDC) as lenders. The new debt facility is for CAD$60 million and has a term of four years. The new facility will provide additional liquidity to the company’s balance sheet.
Quick answer
Sierra Wireless raised an undisclosed amount in a Debt Financing round, dated January 20, 2022. Sierra Wireless is based in Vancouver, Washington, United States.
- How much did Sierra Wireless raise?
- Sierra Wireless raised an undisclosed amount in a Debt Financing round on January 20, 2022.
- What does Sierra Wireless do?
- Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is a world leading IoT solutions provider that combines devices, network services, and software to unlock value in the connected economy.
- Where is Sierra Wireless based and how big is it?
- Sierra Wireless is based in Vancouver, Washington, United States.
Source: Fundz verified event record.
Who else raised in Hardware and Mobile around the same time
Companies in the same sectors as Sierra Wireless that raised within 45 days of this round, from Fundz verified event records.
- Pocket FM raised $65M (Funding Round) on March 3, 2022.
- Pocket FM raised $22M (Series B) on December 6, 2021.
- MobileX raised $885K (Seed) on March 4, 2022.
- Space Age Labs raised $1.3M (Seed) on March 1, 2022.
- Telgorithm Inc. raised $3M (Seed) on February 24, 2022.
- Tag N Trac raised $10M (Series A) on January 25, 2022.
Who to call at Sierra Wireless, and when
A new round usually means Sierra Wireless is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sierra Wireless raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sierra Wireless, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Sierra Wireless. With Fundz connected, it knows.
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Fundz sees it the moment Sierra Wireless raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Sierra Wireless 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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