SensorLogic
Provides M2M application hosting and the only PaaS (platform-as-a-service) provider that offers easily customizable M2M solutions with a pre-integrated nation-wide GSM/GPRS network.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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Founded in 2001 and headquartered in Dallas, Texas, SensorLogic established itself as a provider of a cloud-based, machine-to-machine (M2M) service delivery platform. The company's core offering was a Platform-as-a-Service (PaaS) that enabled organizations to develop, deploy, and manage M2M applications. This platform provided the necessary building blocks, such as open device and network management, complex event processing, and application services, to simplify the creation of M2M solutions.
The business catered to a diverse client base including network operators, system integrators, device manufacturers, and enterprise IT organizations. Its technology was utilized across a variety of applications, from asset tracking and telematics to remote equipment monitoring and maintenance. The business model centered on providing this platform to reduce the complexity and cost for companies looking to enter the M2M space, compared to building a solution in-house. By transforming real-time data from connected devices into actionable business intelligence, SensorLogic empowered its clients to improve their operational decision-making.
Throughout its operation, SensorLogic secured significant venture capital funding, raising a total of $19.5 million over several rounds from investors including Star Ventures, Boston Millennia Partners, and Sevin Rosen Funds. The company's trajectory culminated in its acquisition by Gemalto, a global leader in digital security, on December 20, 2011. This acquisition was a strategic move by Gemalto to integrate SensorLogic's M2M cloud platform with its own offerings of M2M modules and device management capabilities, aiming to create a comprehensive, simplified solution for the M2M market. Subsequently, Gemalto itself was acquired by the Thales Group in 2019.
Keywords: machine-to-machine, M2M, Internet of Things, IoT, PaaS, cloud platform, service delivery platform, application enablement, remote monitoring, asset tracking, telematics, M2M applications, connected devices, Gemalto, Thales Group, venture capital, communication software, device management, network management, business intelligence