RAKwireless Technology Limited
A connectivity provider that builds infrastructure and Modular Edge devices.
| Date | Investors | Amount | Round |
|---|---|---|---|
$10.0m | Series A | ||
| Total Funding | 000k | ||
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Established in 2014, RAKwireless Technology Limited is a key provider of infrastructure and edge devices for the Internet of Things (IoT) sector. The company was founded in Shenzhen, China, by Ken Yu, who now serves as CEO. Yu's journey into IoT began after a decade-long tenure at Qualcomm Atheros, where he identified a market gap for accessible connectivity solutions as customer interest in connecting a wider range of devices grew. This experience, combined with his co-founder Terry Yan's expertise from H3C, shaped the company's mission to simplify IoT implementation.
RAKwireless operates on a business-to-business model, serving both individual IoT developers and commercial enterprises with tools designed to accelerate time-to-market. The company's revenue is generated through the sale of its hardware products. Its clientele ranges from developers and system integrators to large enterprises deploying IoT solutions in fields like smart buildings, smart factories, and smart cities. The firm has supplied technology for prominent names such as Google Home and Amazon Alexa and has established partnerships with companies like Helium, Apple, and Microsoft.
The company's product portfolio is centered around end-to-end solutions that make IoT accessible, encapsulated in their motto, "IoT Made Easy". A core offering is the WisBlock system, a modular, open-source platform that allows developers to create custom IoT devices by combining different blocks, similar to LEGOs. This system includes over 130 modules for connectivity, sensors, power, and interfaces. RAKwireless also provides a wide range of LoRaWAN gateways, modules, and ready-to-use sensor nodes. For commercial clients, the company offers WisDM, a cloud-based device management platform for monitoring and managing gateway fleets, which helps reduce maintenance costs and improve operational visibility.
Keywords: IoT, LoRaWAN, hardware, edge devices, gateways, modular IoT, connectivity solutions, developer tools, smart city, fleet management