Security News > 2020 > January > Skylo raises $116M to bring affordable IoT connectivity to over 1 billion devices globally

Skylo raises $116M to bring affordable IoT connectivity to over 1 billion devices globally
2020-01-22 00:00

Skylo will bring instant, affordable and ubiquitous Internet of Things connectivity to millions of machines, sensors and devices, even in the most remote geographies.

Skylo costs 95% less than existing satellite solutions, with connectivity starting at just $1 per user and hardware that costs less than $100. Skylo is the world's most affordable satellite technology and will enable operations for remote businesses, increase safety, drive economic development and job creation, and help with disaster preparedness and response.

"Skylo envisions a world where connectivity for machines, sensors and devices is as ubiquitous as the sky," said Skylo co-founder and CEO Parthsarathi "Parth" Trivedi.

Skylo's end-to-end solution encompasses the Skylo Hub, the Skylo Network, the Skylo Data Platform and Skylo API. Mass manufacturing of the Skylo Hub is underway and the Skylo Network is already live with early customers.

Skylo Data Platform and Skylo API. The Skylo Data Platform and API helps customers to manage their Skylo Hubs remotely and visualize, analyze and act on the data that is generated, sent, and received via connected devices.


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