What is floLIVE?
floLIVE is a provider of global, secure, cloud-native connectivity solutions tailored for enterprises, mobile operators, and cloud providers. The company's innovative platform features local core networks that deliver high-performance, secure, and regulatory-compliant connectivity. Managed centrally via the cloud, this approach offers enterprises the agility and scalability of a cloud-native architecture while ensuring localized data processing and control. This unique model addresses the growing demand for robust and flexible connectivity in an increasingly digitalized world.
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, Qualcomm, Dell Inc., and 83North Ltd
Series B (2021): $15.5M supported by 83North, Dell Technologies Capital, Intel Capital, Qualcomm Ventures, and Saban Ventures and Investments
Key Investors in floLIVE
83North
83North is a global venture capital firm that invests in exceptional entrepreneurs at all stages, aiming to build category-leading companies. They manage over $2.2 billion and focus on supporting innovative startups across various sectors to achieve global scale.
Intel Capital
Intel Capital, established in 1991, invests in innovative startups across key technology areas including AI, autonomous vehicles, cloud, and 5G, aiming to drive the evolution of digital communications and next-generation computing.
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm, investing in companies that advance mobile and wireless technologies, supporting innovation in areas like 5G, IoT, and AI.
What's next for floLIVE?
With substantial enterprise-level backing and a recent strategic investment, floLIVE is poised for accelerated growth. The company's focus on cloud-native, secure, and localized connectivity solutions positions it advantageously in a market driven by digital transformation and stringent data regulations. Future developments are likely to involve expanding its global network infrastructure, enhancing its platform's capabilities, and forging new strategic partnerships to capture a larger share of the enterprise connectivity market. The company's trajectory suggests a continued emphasis on innovation and market penetration.
See full floLIVE company page
