What is BSQuare?
BSQuare is at the forefront of developing technology designed to power the next generation of intelligent devices and their integrated systems. The company's vision centers on realizing the full potential of the Internet of Things (IoT) through the creation of cloud-enabled intelligent devices and systems. These innovations are engineered to contribute data, enable distributed control and decision-making, and operate securely at scale. BSQuare's comprehensive suite of services and software components empowers its customers to forge new revenue streams and operational models, while simultaneously unlocking opportunities for cost reduction and enhanced operational efficiency across a global client base.
How much funding has BSQuare raised?
BSQuare has raised a total of $61M across 2 funding rounds:
Stock Offering
$60M
Debt
$1M
Stock Issuance/Offering (1999): $60M, investors not publicly disclosed
Debt (2020): $1M led by PPP
Key Investors in BSQuare
PPP
Public-Private Partnership
What's next for BSQuare?
The recent major strategic investment positions BSQuare to further accelerate its development and market penetration in the rapidly evolving intelligent device and IoT landscape. This capital infusion is expected to fuel innovation in their core technology, potentially expanding their service offerings and strengthening their market presence. The company's focus on enabling secure, scalable, and cloud-connected intelligent systems suggests a strategic trajectory aimed at capturing a significant share of the enterprise IoT market, driving operational efficiencies and new revenue models for their clients.
See full BSQuare company page
