floLIVE Raises $47M in Series C Funding
Summary
The company intends to use the funds to increase its presence by partnering with additional MNOs, expand its multi-IMSI over eSIM technology, launch an integrated satellite connectivity offering and introduce solutions to the market such as advanced location-based applications, network-based cybersecurity services, secure data routing and more. Led by CEO Nir Shalom, floLIVE operates a hyperlocal global network that spans across all continents and offers localized connectivity in a streamlined manner. This globally distributed and API-driven cellular data network serves as the underlying infrastructure for enterprises, OEMs, IoT Service Providers and MNOs – all who benefit from a modern carrier-grade, secure platform that allows them to build a profitable IoT business while introducing new revenue sources and value-added services. operates a hyperlocal global cellular data network, based on local POPs in locations worldwide. The network has been designed to comply with the emergence of privacy acts, data regulations and roaming restrictions.