M87 develops a software platform that creates a “Proximate Internet” by enabling direct device-to-device discovery, communications, and proximate location awareness. Its technology is deployed globally by wireless carriers and app developers to improve connectivity in poor coverage areas and enable new edge applications. The company’s software connects devices directly at the network edge to broaden connectivity paths and support app-level direct discovery and communication. M87 was founded on technology invented by Vidur Bhargava and Dr. Sriram Vishwanath at the University of Texas at Austin and says it is committed to revolutionizing wireless networks and consumer connectivity experiences. The company is located in Bellevue, WA, and has attracted carrier and developer interest. M87 recently announced a $5 million financing to advance its product and go-to-market efforts. M87 is an Austin, Texas-based wireless network infrastructure software company. The company provides software that aims to improve the coverage and capacity of cellular networks by adding existing mobile devices to the infrastructure. That approach is designed to create a carrier-grade, device-to-device network. M87 is led by CEO David Hampton. The company completed a $3M equity funding round. Backers included participation from 21Vianet and Qualcomm (through its venture arm, Qualcomm Ventures).

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2016