- June 10, 2021
- Posted by: Stratford Team
- Category: Business
SEATTLE–(BUSINESS WIRE)–Soracom, Inc., a global provider of advanced IoT connectivity, today announced a new partnership featuring six major participants in the global technology ecosystem. This partnership includes new capital investment that will help Soracom to promote global IoT expansion in collaboration with its new investors, as well as enhance its existing IoT solutions based on customer feedback.
Investors in the partnership include repeat investor World Innovation Lab, a US-Japan cross border venture capital firm, as well as two large Soracom customers, Nippon Gas Co., Ltd. (NICIGAS) and Sourcenext Corporation. New investors in this round include Hitachi, Ltd., Secom Co, Ltd. and Sony Group Corporation.
“From Day One, Soracom has been driving IoT adoption through IoT connectivity solutions that are easy to use and easy to scale,” said Ken Tamagawa, Co-Founder and CEO, Soracom. “We aim to create a world in which every…