Novatel Wireless
Financials
Estimates*
EUR | 2015 | 2016 |
---|---|---|
R&D budget | 34.0m | 30.0m |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$30.4m | Late VC | ||
$33.9m | Series D | ||
N/A | N/A | IPO | |
N/A | $14.4m | Post IPO Equity | |
N/A | $144m | Post IPO Equity | |
N/A | Acquisition | ||
Total Funding | CAD87.7m |
Related Content
Recent News about Novatel Wireless
EditNovatel Wireless, operating under the brand Inseego, specializes in providing enterprise-grade Internet of Things (IoT) solutions that enhance visibility, connectivity, and operational efficiency for businesses. The company serves a diverse range of clients, including government agencies, telecom operators, and enterprises with complex network environments. Novatel Wireless operates in the global IoT market, offering solutions that connect fleets, people, devices, and assets. Their business model revolves around selling IoT hardware and software solutions, including mobile and home broadband devices, and generating recurring revenue through SaaS (Software as a Service) subscriptions. The company makes money by offering comprehensive IoT solutions that simplify business operations, reduce downtime, and improve asset management. Novatel Wireless is also a pioneer in mobile broadband technology, having played a significant role in the development and commercialization of 2G, 3G, 4G, and now 5G solutions.
Keywords: IoT, fleet management, asset tracking, secure connectivity, SaaS, telecom management, mobile broadband, 5G solutions, smart city, enterprise solutions.