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Able Device

Description

Developer of a SIM-based application engine designed to embed machine-to-machine (M2M) communication. The company's SIM-based application engine enables hosting of IoT device controls and applications on standard SIMs for mobile network operators (MNOs) and IoT service providers onto SIMs of MNOs and MVNOs, enabling them with standards based IoT device connectivity and network management tools.

2010

Founded

PRIVATE

Status

1-10

Employees

Angel

Latest Deal Type

$300k

Latest Deal Amount

$350k

Total Amount Raised

Description

Developer of a SIM-based application engine designed to embed machine-to-machine (M2M) communication. The company's SIM-based application engine enables hosting of IoT device controls and applications on standard SIMs for mobile network operators (MNOs) and IoT service providers onto SIMs of MNOs and MVNOs, enabling them with standards based IoT device connectivity and network management tools.

Website:

www.abledevice.com

Ownership Status

Privately held (backing)

Financing Status

Accelerator/Incubator Backed

Primary Industry

Other Communications and Networking

Primary Office

8311 Brier Creek Parkway Suite 105-386 Raleigh, NC 27617United States +1 (919) 349-7959
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Able Device Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Able Device Investors (2)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Groundwork LabsAccelerator/Incubator000 0000000 0000
The Startup FactoryAccelerator/IncubatorMinority000 0000000 0000
Groundwork Labs Accelerator/Incubator
The Startup Factory Accelerator/Incubator

Able Device Executive Team (6)

NameTitleBoard
Seat
Contact
Info
Roger DeweyChief Executive Officer & Co-Founder
Jeffrey SimpsonChief Financial Officer
Leigh RyalsChief Operating Officer, Director & Co-Founder
Ian JohnsonCo-Founder & Chief Technology Officer
Joe JessonChief Technology Officer & Technical Advisor
Roger Dewey Chief Executive Officer & Co-Founder
Jeffrey Simpson Chief Financial Officer
Leigh Ryals Chief Operating Officer, Director & Co-Founder
Ian Johnson Co-Founder & Chief Technology Officer
Joe Jesson Chief Technology Officer & Technical Advisor

Able Device Board Members (1)

NameRepresentingRoleSinceContact
Info
Erik HällströmSelfIndependent, Non-Executive Director000 0000
Erik Hällström Independent, Non-Executive Director Self
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