Hiber raises $20M to expand its IoT connectivity platform
Enhancing IoT connectivity for remote areas
One of the key challenges in the IoT space is providing connectivity in remote and underserved areas. Hiber addresses this issue by leveraging a unique combination of satellite and ground-based infrastructure. The company’s low-cost, low-power satellite network enables devices to connect to the internet from anywhere on the planet, regardless of existing infrastructure limitations. This is particularly beneficial for industries operating in remote locations, such as farmers in rural areas or logistics companies managing assets in far-flung regions.
Hiber’s IoT connectivity platform offers several advantages over traditional cellular networks. Firstly, it eliminates the need for expensive infrastructure investments, making it an attractive option for businesses operating on tight budgets. Secondly, Hiber’s solution consumes minimal power, allowing devices to operate for extended periods without requiring frequent battery replacements or recharging. This is especially important for applications like environmental monitoring, where long-term data collection is crucial.
Enabling cost-effective IoT solutions
Another significant advantage of Hiber’s platform is its affordability. By utilizing a combination of satellite and ground-based infrastructure, the company has been able to significantly reduce the cost of IoT connectivity. This makes it accessible to a wider range of industries and applications that were previously constrained by high connectivity expenses.
The reduced cost of connectivity opens up new possibilities for IoT adoption in sectors such as agriculture. Farmers can now deploy sensors and monitoring devices across their fields to collect real-time data on soil moisture, temperature, and other crucial parameters without breaking the bank. This information can then be used to optimize irrigation schedules, improve crop yields, and reduce water consumption. Similarly, logistics companies can track their assets in real-time, ensuring efficient supply chain management and reducing the risk of theft or loss.
Expanding the ecosystem through partnerships
To further enhance its IoT connectivity platform, Hiber has been actively partnering with other companies and organizations. The company has collaborated with leading satellite operators to leverage their existing infrastructure and expand its coverage. By combining forces with established players in the space, Hiber can tap into a wider customer base and offer seamless connectivity across different regions.
Furthermore, Hiber has also partnered with various IoT device manufacturers to ensure compatibility and ease of integration with its platform. This approach allows businesses to choose from a wide range of devices that are already certified to work seamlessly with Hiber’s connectivity solution. By fostering an ecosystem of compatible devices and services, Hiber is creating a seamless experience for its customers and driving further adoption of its platform.
Conclusion
Hiber’s recent funding round of $20 million is a testament to the company’s innovative approach to IoT connectivity. By leveraging satellite technology and ground-based infrastructure, Hiber offers affordable, reliable, and low-power solutions for industries operating in remote areas. The reduced cost of connectivity opens up new possibilities for businesses in sectors such as agriculture and logistics, enabling them to leverage IoT technology for improved efficiency and productivity. With strategic partnerships and a strong focus on expanding its ecosystem, Hiber is well-positioned to continue its growth and make a significant impact in the IoT connectivity market.
