Helium Systems

Helium, Inc (or simply Helium) was founded in 2013 by Amir Haleem, Sean Carey, and Shawn Fanningto build the world's first peer-to-peer wireless network, The People's Network, to simplify connecting devices to the internet.[1][2] Powered by the Helium Blockchain, Helium enables anyone to be rewarded in cryptocurrency, HNT, for becoming a network operator and providing connectivity for a new class of Internet of Things (IoT) devices.

Helium has received over $53 million in seed, series A, series B, and series C funding.[3] Prominent investors include: Mark Benioff, SV Angel, FirstMark, Khosla Ventures, and GV (formerly Google Ventures), Union Square Ventures, Multicoin Capital, among other VCs.[3]

The company is based in San Francisco, California.

Products

The company launched the Helium Hotspot, a new device that provides hundreds of square miles of wireless coverage thanks to their LongFi technology while simultaneously mining HNT on the Helium Blockchain.[4] The Helium Hotspot was first available in North America and has since expanded to Europe. Using open-source technology, third-party manufacturers have also built compatible Hotspots since the debut of the original Helium Hotspot.

Funding rounds

Seed round: $2,800,000, Nov 2013

Series A: $16,000,000, Dec 2014

Series B: $20,000,000 Apr 2016

Series C: $15,000,000 Jun 2019

References
  1. Lawler, Ryan (Dec 9, 2014). "With $16M In Funding, Helium Wants To Provide The Connective Tissue For The Internet Of Things". Techcrunch. Retrieved 29 July 2017.
  2. Takahashi, Dean (April 26, 2016). "Helium raises $20 million for smart industrial sensors". Venture Beat. Retrieved 29 July 2017.
  3. "Helium - Investors | Crunchbase". Crunchbase. Retrieved 2018-05-04.
  4. https://techcrunch.com/2019/06/12/helium-network. Missing or empty |title= (help)
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