Announced
Financials
Tags
IT Services: Other
United Kingdom
Single Bidder
Majority
Friendly
provider of Connectivity-as-a-Service
Private
Pending
Acquisition
Venture Capital
Private Equity
Synopsis
Momenta Ventures, a Digital Industry venture investment firm agreed to invest in Thingstream, a provider of IoT Connectivity-as-a-Service. Financial terms were not disclosed. “We are happy to have Momenta Ventures on-board. Their deep industry knowledge about Digital Industry and their commitment to Low Power, Wide Area Networks is unique. Momenta’s investment in Thingstream is a significant affirmation of our mission to connect the enterprise via LPWAN, unlocking the potential of IoT," Philipp Bolliger, Thingstream CEO.
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