Helios Wire Brings In $4 Million

Internet and IoT startup Helios Wire just closed $4 million in financing from an undisclosed investor.

Helios Wire aims to bring satellite-enabled machine to machine (M2M) and Internet of things connectivity to the mass market. The company’s technology uses priority mobile satellite system (MSS) S-band spectrum to build two-way global satellite-enabled systems for ultra-low-cost short burst data services covering connected assets. The Helios system is designed for both existing and emerging IoT and M2M applications, including the monitoring and controlling of fixed and mobile assets in transportation, consumer, logistics, security/public safety, energy, industrial/construction, agriculture, animal management, and other industries.