Worldsensing provides real-time operational intelligence and insights through wireless sensor technology. Its Connected Operational Intelligence products target city infrastructure, traffic flow, parking management and related industries. The company is based in Barcelona, Spain. Worldsensing raised €8.3 million in a Series B financing round. With the investment, the company said it will continue its expansion and plans to establish bases in the US and Asia in 2018. The funding supports its product deployment and geographic expansion plans. WorldSensing builds networks and applications based on wireless sensors, selling two main product portfolios for industrial monitoring and urban mobility. Its industrial suite supports asset tracking and monitoring in hard-to-reach environments for civil engineering, mining, and oil & gas. Its mobility offerings include a leading smart-parking solution and real-time traffic products to improve traffic management and urban mobility. The company has deployed solutions on four continents with clients in the U.S., U.K., Italy, Spain, Australia, Mexico, Brazil, Panama and Colombia. WorldSensing was founded in Barcelona in June 2008 by entrepreneurs from Catalan universities with backgrounds in telecommunications and physics. The company intends to use newly raised funds to expand sales operations and accelerate growth in strategic high-growth markets including Europe, North and South America, and the Middle East. Worldsensing, founded in Barcelona in June 2008, develops very low-power wireless sensors and networked applications built on its WOCS platform. The company is commercializing applications including Fastprk (an outdoor parking-spot detection and vehicle-location platform) and Loadsensing (a wireless system for measuring tensions and loads in slope-stabilization elements). Another product, Spider, is aimed at high-resolution geophysical, geotechnical, and environmental data acquisition at lower cost and power than existing systems. Worldsensing highlights potential applications across sectors such as oil and future CO2 reservoir monitoring. The team is led full-time by Dr. Ignasi Vilajosana Guillen alongside cofounders Jordi Llosa, Xavier Vilajosana, and Mischa Dohler. No revenue or user metrics are reported in the article.

Total raised

$9M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2017