Use Case

Senet closes $16M Funding

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Business value Solution Opportunity SENET CLOSES $16M FUNDING "Building on our experience and with the support of our investors, we will continue to strive toward delivering ubiquitous low-cost network connectivity, zero-touch device configuration, and device monitoring and management at massive scale in support of our customers' needs. With a multi-year head start over competing LPWAN technologies and a strong partner ecosystem, we are in a great position to execute the next steps of our long-term strategic vision of helping organizations transform business outcomes, markets, and economies." Bruce Chatterley, CEO at Senet • The funding positions Senet to meet increasing global demand for LoRaWAN™ network deployment and carrier-grade connectivity services as organizations adopt digital solutions for mission critical infrastructure improvements, process optimization, safety and security, and contactless data collection. • Senet's LoRaWAN network supports a variety of municipal, industrial, and enterprise initiatives focused on automation, service delivery and sustainability. • Senet is now offering programs for customers looking to transition from developer networks, crowd-sourced hotspot networks, and gateway-based Network Servers that are not architected to support large scale IoT initiatives, are prone to unpredictable downtime, and burden end users with the cost and complexity of managing the network. • Senet raises $16M to accelerate the operation of carrier- grade LoRaWAN across the United States, supporting the design and deployment of water and gas metering projects representing millions of households, and millions of daily transactions for multi-location enterprise and industrial customers.

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