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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

$380k

Latest Deal Amount

$430k

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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