£15m strategic investment for IoT connectivity firm Eseye
Posted on March 2, 2021 by Jonathan Symcox
A Guildford-based IoT connectivity solutions provider has raised £15 million in a strategic investment.
Eseye has been backed by the strategic investment arm of global communications company TELUS in a deal which will see its AnyNet connectivity platform power TELUS’ newly launched TELUS Global Connect.
The latter’s IoT customers can now customise and manage global cellular device connectivity, with devices accessing more than 700 mobile networks in over 190 countries.
Eseye says the investment will enable it to drive product development, customer success and expand sales and marketing activities to meet growing enterprise demand for IoT connectivity.
“This strategic partnership and investment in Eseye marks an inflection point for the company,” said Eseye CEO Nick Earle.
“Our many years at the leading edge of cellular IoT connectivity have seen us deliver value to more than 2,000 customers across the globe.
“Today, this partnership validates our technology platform and goal to provide ubiquitous, cellular connectivity to devices anywhere in the world. We’re excited to be working with TELUS to deliver this new global IoT capability to its customers.”
TELUS Global Connect offers a single SIM card with multi-IMSI carrier profiles, a single contract, and a single platform and connection partner to simplify and optimise global IoT deployments.
“We are constantly striving to provide better value and more flexibility to TELUS IoT customers, who already enjoy access to Canada’s largest dedicated IoT network,” said its IoT VP Mike Cihra.
“Now, TELUS Global Connect delivers a platform for customers to enjoy that same reliable connectivity beyond Canada’s borders in nearly every country on the planet.”