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Soracom
IoT connectivity & platform services
- 101-200 employees
- B2B
- Deep Tech
- Internet of Things
- Telecommunications
- Holborn, London, UK
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Company mission
Soracom is on a mission to accelerate global connection.
9% employee growth in 12 months
Our take
Founded in 2015 by ex-Amazon engineers, Soracom has grown into a major player in the IoT sector. With a customer base of 25,000 businesses including Sharp, Nectar, and Panasonic, and five million devices connected globally, the company’s platform covers nearly every conceivable use case for IoT connectivity across all industries.
As the IoT revolution gains steam a plethora of providers has entered this $200 billion market, including heavyweights Samsara, Siemens, and IBM. However, Soracom’s focus on accessibility and cost effectiveness gives it an edge in this market, with some of the industry’s lowest cellular connectivity rates and transparent pricing proving to be a powerful draw for its customers.
The demand for IoT connectivity is only growing, and Soracom is moving to capture a large share of this market by expanding its offerings globally. It is currently particularly focused on the European SMB market, where it has recently rolled out the Plan X3-EU IoT data plan. Focusing on this sector is likely to prove a shrewd move, as to date small business has lagged behind larger enterprises in adoption of this technology. Soracom has positioned itself well for growth as it continues to accelerate the deployment of IoT devices worldwide.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Flexible work hours - work when you’re the most productive and when it is best for you to achieve a work-life balance
- A truly rewarding culture, working with individuals from across the world who are at the very top of their game
- Technology budget - work with the most up-to-date tools available
- Flexible work environment - work from wherever you want - as long as you have a great internet connection
- Skills-based promotion - be promoted based on your ability to perform instead of your tenure or how many hours you put in
- An environment where you’ll learn more in 6 months than you would typically in several years at another company
Funding (last 2 of 4 rounds)
Mar 2018
$4.5m
GROWTH EQUITY VC
Jun 2016
$5.8m
SERIES B
Total funding: $38.3m
This company has top investors
Leadership
Ken Tamagawa
(CEO)Was Senior Manager of Solution Architecture, Training & Professional Services at Amazon. Before that was Manager of Rational Technical Sales for IBM.
Kenta Yasukawa
(CTO)Former Solutions Architect for Amazon Web Services and Systems Manager at Ericsson. Before that was Research Fellow with Japan Society for the Promotion of Science.
Daichi Funato
(COO)Before co-founding Soracom was Senior Director at NTT DoCoMo and COO for DoCoMo Innovations.