What is Pacific Controls?
Founded in 2000 and headquartered in Dubai, UAE, Pacific Controls specializes in delivering advanced M2M automation and control solutions. As an ICT-enabled provider, the company bridges the gap between physical systems and digital information, offering services crucial for modern industrial and enterprise operations. Its focus on M2M automation positions it within the rapidly expanding Internet of Things (IoT) ecosystem, providing the foundational technology for connected devices and intelligent systems.
How much funding has Pacific Controls raised?
Pacific Controls has raised a total of $272M across 1 funding round:
Debt
$272M
Debt (2015): $272M with participation from Ajman Bank, Sharjah Islamic Bank, United Arab Bank, National Bank of Oman, Al Khalij Commercial Bank QSC, Dubai Islamic Bank, and National Bank of Fujairah
Key Investors in Pacific Controls
Ajman Bank
Ajman Bank is an Islamic bank focused on providing Sharia-compliant banking services across the UAE, supporting economic development and technological advancement in its operations.
Sharjah Islamic Bank
Sharjah Islamic Bank, established in 1975, offers corporate and personal banking services in compliance with Islamic Shari'ah law, contributing to the financial sector in the United Arab Emirates.
United Arab Bank
United Arab Bank provides tailored financial services for both corporate and retail clients, establishing itself as a key solutions provider for the UAE's commercial and industrial base since its founding in 1975.
What's next for Pacific Controls?
The substantial enterprise-level funding and recent strategic investment suggest Pacific Controls is poised for significant expansion and further development of its M2M and automation technologies. This capital infusion is likely to fuel advancements in its solution offerings, market penetration, and potentially international growth. The company's strategic positioning within the UAE and its focus on critical ICT infrastructure indicate a trajectory aimed at capturing a larger share of the global automation and control solutions market, potentially through enhanced service delivery and technological innovation.
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