Satelles, Inc. Secures $26 Million in Series C Funding Round Led by C5 Capital
Satelles, Inc. (www.satellesinc.com), provider of highly secure satellite-based time and location services, announced that it has raised $26 million in Series C funding. C5 Capital (www.c5capital.com) led the round, with participation from Iridium Communications (www.iridium.com) and existing investors. This new investment brings Satelles’s total funding since the launch of its platform to $39 million and will help the company expand its sales and marketing efforts, broaden its partner network, and accelerate product development.
By Inside GNSS