What is Worldsensing?
Worldsensing is a prominent provider of wireless geotechnical and structural monitoring solutions, catering to large-scale civil infrastructure projects across mining, construction, and transportation industries. Their comprehensive product suite includes advanced edge devices, reliable wireless sensors, and sophisticated management software designed for efficient data acquisition and real-time monitoring. With a proven track record of over 3000 deployed networks globally, Worldsensing offers scalable and adaptable connectivity solutions tailored to the unique demands of diverse projects. The company also provides essential project support, customized training, and post-sale troubleshooting to ensure the optimal performance of its monitoring systems.
How much funding has Worldsensing raised?
Worldsensing has raised a total of $9.5M across 1 funding round:
Series B
$9.5M
Series B (2017): $9.5M with participation from Cisco Investments, ETF Partners, and McRock Capital
Key Investors in Worldsensing
Cisco Investments
Cisco Investments is a venture capital firm specializing in strategic funding for innovative technology companies, particularly in cybersecurity, cloud technology, and digital infrastructure. They offer portfolio companies access to Cisco's extensive global network and technical expertise.
ETF Partners
ETF Partners supports entrepreneurs with investment capital and experience, focusing on technology companies that drive 'sustainability through innovation'. Their funds are backed by institutional investors, global corporations, and family offices.
McRock Capital
McRock Capital is a venture capital firm exclusively focused on the Digital Industrial sector, investing in industrial software and artificial intelligence to accelerate the adoption of AI-powered solutions in the industrial space.
What's next for Worldsensing?
The recent major strategic investment in Worldsensing signals a strong confidence from its backers in the company's continued expansion and technological leadership. This capital infusion is poised to accelerate the development of new monitoring technologies and broaden the company's global reach. Worldsensing is likely to leverage this backing to enhance its offerings in areas such as predictive maintenance and disaster prevention, further solidifying its role as a key player in safeguarding critical infrastructure worldwide. The focus on sustainability through innovation, as highlighted by ETF Partners, suggests a strategic direction towards environmentally conscious monitoring solutions.
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