What is floLIVE?
floLIVE offers a unique platform comprising local core networks managed centrally via the cloud. This architecture enables enterprises, mobile operators, and cloud providers to achieve high-performance, secure, and regulatory-compliant local connectivity. The cloud-native nature of the platform provides the flexibility and elasticity required by modern businesses, positioning floLIVE as a key player in the global connectivity solutions market.
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 Golden Sunflower Capital and Arie Capital
Series B (2020): $21.5M led by 83North Ltd, Qualcomm, Saban Capital Group, and Dell Inc.
Series B (2021): $15.5M supported by Dell Technologies Capital, Qualcomm Ventures, Saban Ventures and Investments, 83North, and Intel Capital
Key Investors in floLIVE
Dell Technologies Capital
Dell Technologies Capital is a venture capital firm that invests in early-stage technology companies, particularly those focused on data, security, and DevOps.
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm, investing in companies that advance wireless technologies and related ecosystems.
Saban Ventures and Investments
Saban Ventures is a Venture Capital Firm dedicated to investing in and partnering with exceptional entrepreneurs across multiple sectors, providing financial support, mentorship, and guidance.
What's next for floLIVE?
With its recent major strategic investment, floLIVE is poised for accelerated expansion and further development of its cloud-native connectivity solutions. The company's focus on providing secure, localized network capabilities within a global framework suggests a strategic push into markets demanding enhanced data privacy and performance. This capital infusion will likely fuel advancements in its platform technology, expand its market reach, and strengthen its competitive position against established players in the enterprise and mobile operator sectors.
See full floLIVE company page
