$5m boost for tv white space start up
1 min read
Neul, the Cambridge-based start up pioneering the use of the tv white space spectrum for M2M communications, has secured $5million of funding to build a full Network as a Service (NaaS) offer for Internet of Things (IoT) applications.
The company, which was founded in 2011 by ex CSR employees, announced plans to shift its focus to the burgeoning IoT market in July this year.
Neul's ceo Stan Boland, pictured, commented: "Much is promised from the Internet of Things, but the missing piece has been a simple low cost WAN connectivity solution that can finally link future endpoints to applications in the cloud. Many of the possible applications are today forced into using Wi-Fi, GPRS, mesh or 3G connectivity.
"For multiple different reasons, none of these are ideal and most of the world's IoT potential remains unrealised. Fortunately, as an industry, we're no longer discussing why a new wide area network solution is required to address the Internet of Things but how and when this can be delivered. Weightless is the answer and you'll see what we mean as 2014 progresses."
