Blues Wireless: Raises $32M in Series A1

Blues Wireless Raises $32M in Series A1

  • Blues Wireless, a Boston, MA-based embedded connectivity startup, raised $32M in Series A1 funding
  • The round was led by Positive Sum, with participation from Four Rivers, Northgate, Qualcomm, Sequoia, Cascade, Lachy Groom and XYZ
  • The company intends to use the funds to accelerate growth and expand operations
  • The company is a cellular IoT solution provider. The company reduces the cost and complexity of building connected products by including provisioning, security, and cloud device management as standard features
  • By using the Blues Notecard and Notehub, businesses can connect their physical products to the cloud via cellular
  • The Notecard is a low-code data pumpembedded within a customer’s products, and the Notehub routes that data to the customer’s cloud
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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