Monogoto

Assembly Line

Monogoto Raises $27 Million in Series A Funding to Lead the Software-Defined Connectivity Revolution

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Monogoto, Toyota


Monogoto, the leading provider of software-defined connectivity solutions, announced that it secured a $27 million Series A funding round. The round was led by Toyota Ventures, with participation from Samsung Next, The ACTIVE Fund, Assembly Ventures, Magenta Venture Partners, and J-Ventures, as well as from existing investors who doubled down on their initial investment - including Triventures, Singtel Innov8 Ventures, Telefónica, Team8, and Alter Venture Partners. Monogoto has raised a total of $38 million to date.

Monogoto is a cloud-based, connectivity-as-a-service provider that simplifies device connectivity for enterprises and developers. By consolidating connectivity on a single platform, Monogoto offers resilient, API-driven, automated solutions that ensure high-quality service across public, private, and satellite networks. Monogoto lowers the barriers to device innovation with rich functionality, offering secure, accessible, and context-aware connectivity for sensors and devices. This enables customers to streamline operations and unlock the full potential of their physical products through software-defined connectivity.

Read more at Accesswire