What is Ubisense?
Ubisense specializes in providing enterprise business automation solutions by deploying Precise Real-Time Location Systems (RTLS). The company's technology enables businesses to track people and assets with exceptional accuracy, offering unparalleled visibility and control over complex operational challenges. This capability is crucial for industries seeking to optimize workflows, enhance security, and improve overall efficiency through intelligent data derived from real-time location intelligence.
How much funding has Ubisense raised?
Ubisense has raised a total of $46.1M across 6 funding rounds:
Debt
$3.8M
Share Placement
$6.6M
Share Placement
$11.5M
Debt
$10.6M
Share Placement
$6.3M
Share Placement
$7.3M
Debt (2006): $3.8M with participation from Undisclosed
Share Placement (2010): $6.6M led by Canaccord Genuity
Share Placement (2011): $11.5M supported by Canaccord Genuity
Debt (2015): $10.6M featuring HSBC Bank
Share Placement (2016): $6.3M backed by Undisclosed
Share Placement (2017): $7.3M with participation from Kestrel Partners
Key Investors in Ubisense
Canaccord Genuity
Canaccord Genuity is a full-service financial services firm with expertise in wealth management and capital markets, established in 1950. Their involvement suggests a strategic financial backing for Ubisense's growth and market expansion.
HSBC Bank
HSBC Bank is a global financial services group providing banking and financial services. Their participation indicates a debt financing component, likely supporting Ubisense's operational needs and strategic initiatives.
Kestrel Partners
Kestrel Partners is an entity that has participated in Ubisense's funding rounds. Further details on their investment focus are not publicly available, but their involvement points to strategic financial support.
What's next for Ubisense?
The recent major strategic investment signals a pivotal phase for Ubisense, likely aimed at accelerating product development, expanding market reach, and enhancing its RTLS platform's capabilities. This infusion of capital is expected to bolster the company's efforts in addressing increasingly sophisticated enterprise demands for real-time operational intelligence. Ubisense's focus on precise location tracking positions it to capitalize on the growing trend towards IoT and smart factory initiatives, further solidifying its role in driving business automation.
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