Globetouch builds global connectivity infrastructure and IoT/M2M platforms focused on the connected car market and other verticals. Its service offers a single connection across 400+ network operations in over 180 countries. The company has partnerships with major operators and announced an expansion with General Motors’ OnStar. Globetouch recently acquired Teramatrix Technologies, adding an IoT sensor data analytics capability. It was named in Gartner’s 2017 Magic Quadrant for Managed M2M Services. The company plans to use new funding to enhance services, grow market share, extend its OEM and service-provider ecosystem, and push into logistics, industrial IoT, and healthcare.

Total raised

$40M

Funding rounds

1

Latest round

Series C

Latest activity

Nov 2017