Cavli Wireless Secures $10 Million in Series A Funding to Expand Cellular IoT Solutions
Cavli Wireless (Cavli), a key player in the Cellular IoT ecosystem, announced the successful closure of a $10 million Series A funding round from global investors. The round was led by Chiratae Ventures and Qualcomm Ventures, highlighting the growing recognition and support for Cavli’s innovative IoT solutions.
Founded in 2017 by John Mathew, Ajit Thomas, Tarun Thomas George, and Akhil A Zeeb, Cavli specializes in designing and manufacturing cellular modules incorporating 4G and 5G technologies, along with integrated eSIM and global connectivity solutions. The startup’s headquarters are located in San Jose, California, with teams spread across multiple continents, providing IoT solutions to product makers in more than 30 countries. Cavli operates across various regions, including the US, India, Spain, Vietnam, the UK, France, Italy, Turkey, and Germany.
Photo courtesy of Priscilla Du Preez.
Source: Startup Story (link opens in a new window)
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