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High Tech Series B Founded 2008

MMB Networks

MMB Networks provides hardware and software solutions for IoT connectivity. Offers low power 802.15.4 wireless modules, full-featured IoT gateways, and other hardware products that enables users to connect to IoT platforms. Also offers RapidConnect, which is an interoperability software that enables customers to get to market quickly, & ensures their products meets customers’ expectations. Clientele includes Amazon,…

📍 Toronto, Canada · Internet of Things Infrastructure

Funding snapshot

Last roundSeries B
Amount$7M
Date6 January 2016
Total raised$7M
Team size35

About

MMB Networks provides hardware and software solutions for IoT connectivity. Offers low power 802.15.4 wireless modules, full-featured IoT gateways, and other hardware products that enables users to connect to IoT platforms. Also offers RapidConnect, which is an interoperability software that enables customers to get to market quickly, & ensures their products meets customers’ expectations. Clientele includes Amazon, GE, Comcast, and more. Founded in 2008, headquartered in Toronto, Canada. The company has raised $7M at the Series B stage backed by investors including Roadmap Capital, ArcTern Ventures, VentureLink Funds, NXP Semiconductors, Crux Capital. Operating in High Tech > Internet of Things Infrastructure.

Business model

Internet of Things Infrastructure > IoT Stack

Institutional investors

Roadmap Capital ArcTern Ventures VentureLink Funds NXP Semiconductors Crux Capital MaRS Discovery District Plaza Ventures

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