What is floLIVE?
floLIVE provides a sophisticated, cloud-native connectivity platform designed to meet the rigorous demands of global enterprises, cloud providers, and mobile operators. At its core, the platform utilizes local core networks that offer the performance and security of localized infrastructure while maintaining the agility and centralized control of a cloud-native environment. This hybrid architecture is particularly vital for organizations requiring regulatory compliance and high-performance data handling across disparate geographic regions. By abstracting the complexities of global connectivity, floLIVE enables its clients to deploy and manage IoT and enterprise-grade network services with unprecedented flexibility and scale.
How much funding has floLIVE raised?
floLIVE has raised a total of $41.2M across 3 funding rounds:
Series A
$4.2M
Series B
$21.5M
Series B
$15.5M
Series A (2017): $4.2M with participation from Arie Capital and Golden Sunflower Capital
Series B (2020): $21.5M led by Saban Capital Group, Dell Inc., Qualcomm, and 83North Ltd
Series B (2021): $15.5M supported by Qualcomm Ventures, 83North, Intel Capital, Saban Ventures and Investments, and Dell Technologies Capital
Key Investors in floLIVE
83North
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies.
Intel Capital
Intel Capital is a division of Intel that invests in innovative startups targeting artificial intelligence, datacenter, 5G, and next-generation compute technologies.
Qualcomm Ventures
Qualcomm Ventures is the investment arm of Qualcomm, focusing on startups that drive innovation in wireless communication, intelligent computing, and connected devices.
What's next for floLIVE?
With this major enterprise-level funding, floLIVE is well-positioned to deepen its technological moat and expand its footprint in the global telecommunications market. The strategic focus will likely center on enhancing its 5G capabilities and further integrating its platform with major cloud service providers to offer seamless, end-to-end connectivity solutions. As the demand for secure, private, and high-performance networks continues to rise, floLIVE is poised to capitalize on the ongoing digital transformation of industrial and enterprise sectors, leveraging its unique local-core-to-cloud model to set new standards in connectivity management.
See full floLIVE company page
