Thursday, November 21, 2024
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Skylo: Raises $116M in Total Funding

Skylo: Raises $116M in Total Funding

  • Skylo, a San Mateo, CA-based maker of network that connects any machine or sensor, emerged from stealth with $116m in total funding
  • Then the Skylo Network hosted on existing geostationary satellites, enabling immediate connectivity for customers
  • Skylo’s vision is to build a global fabric for machine data connectivity
  • The company previously raised $13M in a Series A round that co-led by DCM and Innovation Endeavors
  • Then the company’s customers already include enterprise and government entities in a range of industries
  • Skylo envisions a world where connectivity for machines, sensors and devices is as ubiquitous as the sky

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