Expeto™ is the world's leader in Enterprise Private Mobile Networking, offering an innovative solution that integrates mobile networks and IIoT applications onto a single platform. Founded in 2015 and headquartered in Canada, Expeto's disruptive cloud and edge computing technology sets it apart. The Series B investment of $12.00M on 05 December 2022 saw participation from prominent investors including 5G Open Innovation Lab, Sorenson Capital, Evok Innovations, Samsung NEXT, Lavrock Ventures, and Mistral Venture Partners. By leveraging traditional telecommunication standards, Expeto's Nextworking platform provides an Enterprise First service framework, ensuring rapid and secure control of mobile networks and applications. Their patent-pending Platform as a Service (PaaS) offer delivers a single control plane for networking, security, and routing across private and public mobile networks worldwide. With a primary focus on the Information Technology industry, Expeto's disruptive technology and strong investor support position it as a noteworthy player in the enterprise mobile networking space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $1.03M | 1 | Mining Innovation Commercialization Accelerator | 22 Jun 2023 |
Series B | $12.00M | 6 | 05 Dec 2022 | |
Convertible Note | Unknown | 1 | BDC Venture Capital | 12 Apr 2021 |
Series A | $10.00M | 4 | BDC Venture Capital | 12 Apr 2021 |
Series A | Unknown | 1 | 06 Mar 2020 |
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