Global Leading Ami Vendor Ubiik Completes Us$5M Series A Funding
PRIVATEApr 28, 2021
Amount Raised
$5 Million
Round Type
Series A
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Description
The leading Low Power Wide Area Network (LPWAN) solutions provider Ubiik today announces that it has completed its US$5M Series A funding led by Taiwania Capital. The investment will fuel the global expansion of its industry-leading AMI (Advanced Metering Infrastructure) technology and energy IoT solutions, as well as growing its promising cellular IoT business.
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Company Information
Company
Ubiik
Location
Taipei, Taipei City, Taiwan
About
Founded in 2016, Ubiik started its IoT business by providing WeightlessTM LPWAN, a high performance open standard communication protocol successful with Advanced Metering Infrastructure private deployments. Since its successful AMI project in 2018 which has expanded its product portfolio to a PaaS platform, Ubiik has become a vertical IoT solutions provider. It has since grown its connectivity offerings to include LTE technologies to cover the multi-modality of the IoT market, especially for applications with strong security requirements that can be met with 3GPP standards.
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TaipeiInformation TechnologySecurity