Groups Similar Look up By Text Browse About

Similar articles
Article Id Title Prob Score Similar Compare
139373 VENTUREBEAT 2019-6-12:
Helium raises $15 million to float fee-free, peer-to-peer networking
1.000 Find similar Compare side-by-side
139411 TECHCRUNCH 2019-6-12:
Helium launches $51M-funded ‘LongFi’ IoT alternative to cellular
0.983 0.703 Find similar Compare side-by-side
138905 TECHCRUNCH 2019-6-10:
Vectra lands $100M Series E investment for AI-driven network security
0.407 Find similar Compare side-by-side
139166 VENTUREBEAT 2019-6-11:
Infarm raises $100 million to expand its urban farming platform to the U.S. and beyond
0.395 Find similar Compare side-by-side
139162 VENTUREBEAT 2019-6-10:
Scoutbee raises $12 million to match companies with suppliers
0.386 Find similar Compare side-by-side
139550 THEVERGE 2019-6-13:
Verizon now sells a $100 tracking device with one year of free service
0.384 Find similar Compare side-by-side
139385 VENTUREBEAT 2019-6-12:
Oledcomm and Air France team up to deploy LiFi in planes
0.382 Find similar Compare side-by-side
139132 TECHCRUNCH 2019-6-11:
Infarm closes $100M Series B to scale its ‘urban farming platform’
0.381 Find similar Compare side-by-side
139319 VENTUREBEAT 2019-6-12:
SignalFx raises $75 million to monitor cloud apps, services, and environments in real time
0.380 Find similar Compare side-by-side
138957 VENTUREBEAT 2019-6-10:
Innoviz raises $38 million for lidar and perception software
0.376 Find similar Compare side-by-side
139363 TECHCRUNCH 2019-6-12:
Funderbeam, the funding and trading platform for private companies, scores $4.5M Series A
0.367 Find similar Compare side-by-side
139138 TECHCRUNCH 2019-6-11:
Foodles raises another $10 million for its cloud canteen
0.360 Find similar Compare side-by-side
138797 TECHCRUNCH 2019-6-10:
Moving deeper into enterprise cloud, Intel picks up Barefoot Networks
0.351 Find similar Compare side-by-side
139311 VENTUREBEAT 2019-6-12:
Apollo raises $22 million for GraphQL tools and services
0.349 Find similar Compare side-by-side
139529 TECHCRUNCH 2019-6-13:
Willo is a robot that wants to replace your toothbrush
0.345 Find similar Compare side-by-side
139500 VENTUREBEAT 2019-6-13:
Cybersecurity risk-monitoring platform SecurityScorecard nabs $50 million
0.342 Find similar Compare side-by-side
139380 TECHCRUNCH 2019-6-12:
India’s Jumbotail raises $12.7 million to digitize convenience stores with its wholesale marketplace
0.338 Find similar Compare side-by-side
138897 TECHCRUNCH 2019-6-10:
The finalists for The Europas Awards for European tech startups is released
0.336 Find similar Compare side-by-side
138949 VENTUREBEAT 2019-6-10:
Vectra raises $100 million to protect cloud environments with AI
0.336 Find similar Compare side-by-side
139177 TECHCRUNCH 2019-6-11:
Misfits Market raises $16.5 million for their ‘ugly’ produce subscription box
0.331 Find similar Compare side-by-side
139164 TECHCRUNCH 2019-6-11:
ZeroDown is constructing a new path to home ownership
0.331 Find similar Compare side-by-side
139669 TECHCRUNCH 2019-6-14:
Daily Crunch: Fiverr goes public
0.328 Find similar Compare side-by-side
138959 TECHCRUNCH 2019-6-10:
Korean hotel platform Yanolja raises $180M at a valuation of over $1B
0.326 Find similar Compare side-by-side
139089 VENTUREBEAT 2019-6-11:
Neurotrack raises $21 million to detect and track dementia
0.325 Find similar Compare side-by-side
139048 VENTUREBEAT 2019-6-11:
Misfits Market raises $16.5 million to find homes for ugly food
0.325 Find similar Compare side-by-side


ID: 139373


Date: 2019-06-12

Helium raises $15 million to float fee-free, peer-to-peer networking

Cellphone plans are expensive. The average person spends about $80 per month on data, according to price comparison engine Flipsy, which amounts to around $57,600 over 60 years. Unsurprisingly, an estimated 53% of young adults aged 20-30 opt to stick with a parents subscription rather than shell out for a pricey single line. Thats why Amir Haleem, Napster co-creator Shawn Fanning, and baby monitor startup Sproutling founder Chris Bruce set out to create an alternative. The San Francisco company they founded together in 2013 — Helium — is developing a fee-free peer-to-peer network for internet of things (IoT) devices, and it today announced the closure of a funding round thatll set the stage for said networks expansion. Helium raised $15 million in series C financing co-led by Union Square Ventures and Multicoin Capital, with participation from existing backers Khosla Ventures, GV (formerly Google Ventures), FirstMark, and Munich Re Ventures. (Salesforce CEO Marc Benioff previously invested.) The fresh capital brings Heliums total raised to $51 million, and it follows on the heels of a $20 million series B round in April. Everyday things that we use shouldnt need cellular plans, said Haleem, a video game industry veteran who led the Battlefield 1942 team at Dice before meeting Bruce and Fanning through Rupture (Fannings startup), which was acquired by EA. By creating the worlds first peer-to-peer wireless network thats owned and operated by individuals, the Helium Hotspot opens the door to an ecosystem of possibilities that allow people to connect anything from pet collars and ride-share scooters to sensors that monitor air and water quality. Helium sells a $495 hotspot — Helium Hotspot — that sips roughly the same amount of power as an off-the-shelf LED light bulb (12 watts). It plugs into a home network and encrypts traffic device-to-cloud, leveraging blockchain tech to onboard and validate devices, and it reaches up to 200 times farther than conventional Wi-Fi routers thanks to the LongFi protocol. Helium claims that only 50-100 hotspots are needed to cover an entire city. An Arm-based, battery-powered chip designed to attach to devices like ride-share scooters, pet collars, and water and air quality sensors connects to nearby Helium Hotspots and wirelessly transmits data at a rate of 5 kilobits per second. (Heliums cloud backend applies analytics to this data, which the company supplies to clients.) In exchange for sharing their internet connection with these chips, Hotspot hosts earn rewards in the form of cryptocurrency — the Hotspots act as mining nodes within Heliums blockchain using a proof-of-coverage challenge-response protocol designed to authenticate other devices on the network. Heliums impressive list of launch partners includes Lime, which is testing its network to track and recover scooters, and Nestlé, which tapped it to bring real-time fill level monitoring to the companys ReadyRefresh water cooler replenishment service. Agulus, another early adopter, says its collecting data from automated irrigation valves, pumps, and sprayers, and relaying commands over LongFi to a cloud-based control center. Meanwhile, InvisiLeash is collaborating with Helium to build a portfolio of connected pet products starting with collars. Helium claims its sold out 80% of Hotspots in its first U.S. market — Austin — and added thousands of people to its global waiting list. It expects to begin shipping units in 6-8 weeks. With Helium, we can deliver affordable smart collars with tracking capabilities that just werent possible before, said InvisiLeash CEO and founder Greg Gotts. Owners will always know where their pets are in real time, even over miles of range, running on batteries that last for years.